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DALSA Receives Contracts Exceeding CAD $17.3 Million for Remote Sensing and Photogrammetry
Teledyne DALSA Posted 03/26/2009
Waterloo, Ontario - DALSA Corporation (TSX:DSA), an international leader in high performance digital imaging and semiconductors, today announced it has recently received new orders valued at over CAD $17.3 million at today's exchange rates to develop custom imaging solutions for five international customers in remote sensing and photogrammetry applications.
The common thread in these diverse applications is DALSA's ability deliver the highest imaging performance in a variety of the world's most challenging remote sensing applications. Remote sensing is often used for monitoring crops, comparing urban and rural land use, tracking icebergs, detecting oil spills, and making maps and nautical charts. Photogrammetry is a specialized type of remote sensing which uses aerial photographs and other remote sensing imagery to obtain accurate measurements of natural and human-made features on the Earth. Photogrammetry provides the spectacular images driving such popular and useful tools as Google Earth™ and Microsoft® Virtual Earth™.
‘‘The focus we placed on custom business at the end of 2008 is already helping to deliver results--these contracts increase our order backlog significantly,’‘ commented Brian Doody, CEO of DALSA. ‘‘Furthermore, these projects highlight our capabilities in both design and fabrication. From IC design to semiconductor fabrication and packaging for harsh environments to complete module development, our vertical integration allows us to build strength upon strength, increasing performance and shortening development time. The results will be incredible imaging performance for our customers across all these applications.’‘
To deliver the state-of-art performance and reliability required by these products, DALSA draws upon its extensive technology repertoire, including unique wafer processing for use in harsh environments. DALSA's vertical integration not only allows design and process engineers to collaborate to optimize image sensor performance, it allows concurrent sensor and camera development that are fine tuned to work together.
Delivery of products against these orders will begin in Q2 2009, and will be substantially completed over the next two years. There is also a potential to receive subsequent orders upon the successful completion of the development phase of certain of these projects.
About DALSA Corporation
DALSA is an international leader in high performance digital imaging and semiconductors with approximately 1000 employees world-wide. Established in 1980, the company designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. DALSA's core competencies are in specialized integrated circuit and electronics technology, software, and highly engineered semiconductor wafer processing. Products and services include image sensor components (CCD and CMOS); electronic digital cameras; vision processors; image processing software; and semiconductor wafer foundry services for use in MEMS, high-voltage semiconductors, image sensors and mixed-signal CMOS chips. DALSA is listed on the Toronto Stock Exchange under the symbol ‘‘DSA’‘ and has its corporate offices in Waterloo, Ontario, Canada.
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