CAE Inaugurates CAE SimuFlite North East Training Centre and Announces Further Expansion

MORRISTOWN, NJ, June 7 /PRNewswire-FirstCall/ - (NYSE: CGT; TSX: CAE) -CAE celebrated today the grand opening of its new business aviation training centre, the CAE SimuFlite North East Training Centre, located near the Morristown airport in New Jersey. At the same time, plans were announced toexpand the centre from six simulator bays to 12 in order to meet increased demand.

"This centre is an illustration of our commitment to provide high-quality, customized training in locations most convenient to our customers. Approximately 60% of the world's business aviation is located in the United States and a big part of that is within a 500-mile radius of Morristown," said Jeff Roberts, CAE's Group President, Innovation and Civil Training & Services. "With business aircraft deliveries expected to increase by approximately 40% over the next few years, we offer business jet operators greater access to quality training through a network with global reach."

CAE now operates 24 civil training centres, and four of them serve business aviation. The two newest business aviation centres are the CAE SimuFlite North East Training Centre in New Jersey and CAE's Burgess Hill Training Centre in the UK. These training facilities join Emirates-CAE Flight Training in Dubai and CAE SimuFlite, the Company's flagship facility in Dallas, Texas, home of the world's largest business aviation training facility with 36 simulators.

The six-bay North East Training Centre will be the home of entitlement training for the new Dassault Falcon 7X aircraft, as well as training for Falcon 900EX EASy, Falcon 2000EX EASy, Gulfstream IV, and Sikorsky S-76 aircraft. Other platforms will be added in the future, including a fully-convertible Gulfstream 450/550 full-flight simulator. The centre offers the highest standard of training and the latest training tools, including classrooms and briefing rooms equipped with CAE Simfinity(R), a suite of training devices that use the same high-fidelity simulation software found in CAE's full-flight simulators. The use of this innovative PC-based technology enables operational training in a virtual cockpit from the first day of training in the classroom.

Maintenance technician training on the CAE-built Falcon 7X full-flight simulator began before aircraft certification, while pilot training began the day of the aircraft certification. This simulator is the first ever created for this fly-by-wire business jet.

CAE is a world leader in providing simulation and modelling technologies, and integrated training services to the civil aviation industry and defence forces around the globe. We design, manufacture and supply simulation equipment and offer training and services. This includes integrated modelling, simulation and training solutions for commercial airlines, business aircraft operators, aircraft manufacturers and military organizations and a global network of training centres for pilots, and in some instances, cabin crew and maintenance workers.

With annual revenues of over C$1 billion, CAE operates in 19 countries around the world. CAE has sold nearly 700 simulators and training devices to airlines, aircraft manufacturers, training centres and defence forces for air and ground purposes in more than 40 countries. We have over 110 full-flight simulators in more than 20 aviation training centres, serving approximately 3,500 airlines, aircraft operators and manufacturers across the globe. CAE licenses its simulation software to various market segments and has a professional services division assisting customers with a wide range of simulation-based needs.