Press announcements

December 27, 2006
Adacel Receives US$4.8M in Contract Extensions From Lockheed Martin

Adacel to Continue Software Support for Industry Leader.

December 22, 2006
Adacel Technologies 2005 Annual Report

Continued industry leadership and entry to new market segments put company in good position to address expected market growth over short to medium term.

December 18, 2006
Adacel Provides Data Link and Radar Upgrade of NAV Portugal’s Oceanic ATM System

Latest improvement allows for enhanced communications and radar functionality.

November 16, 2006
Adacel Technologies Limited 2006 AGM; Address by Chairman, Julian Beale

The company returned to profitability with an after-tax profit of $4.9 million and generated stronger cash flows.

November 1, 2006
Adacel Technologies Annual Report

Strong profits and cash flow, improved operating costs, continued market leadership in key segments, new products and services leverage Adacel's core technologies.

October 11, 2006
Adacel Awarded NASA Contract

Company to Upgrade FutureFlight Central Simulator.

September 24, 2006
Adacel Delivers 26 MiniMax Classroom Tower Simulators to Italian Aviation Authority

With this addition to the 6 previously installed full-sized MaxSim 270 simulators, there now are a total of 32 Adacel ATC tower simulation systems in use by ENAV.

September 20, 2006
Adacel Awarded New FAA Tower Simulator Upgrade Contract

New agreement will upgrade and expand the 360-degree tower simulator at critical FAA research and development center.

September 13, 2006
SRI International Licenses DynaSpeak Speech Recognition Software to Adacel for Aviation Applications

Adacel is integrating DynaSpeak into aviation applications developed for pilots, crewmembers, mission specialists and unmanned aerial vehicle (UAV) operators.

August 29, 2006
Adacel Secures IDIQ Sub-Contract with United States Navy

The Seaport-e ID/IQ provides support services for all phases of Weapon Systems acquisition and life cycle support.

August 28, 2006
Adacel Names New Director of Business Development

Industry veteran Marcus P. Stevens joins the Company to solidify and grow nationwide sales effort.

August 21, 2006
Adacel Receives US$2.2M in Contract Extensions From Lockheed Martin

FAA’s ERAM program – designed and implemented by Lockheed Martin – replaces existing US En Route air traffic control automation systems and infrastructure.

August 15, 2006
Adacel Completes Upgrade of NAV Portugal’s Oceanic ATM System

Company Also Awarded Five Year Contract Extension for Site Support.

August 10, 2006
Adacel Secures IDIQ Sub-Contract with United States Army

New Contract Extends Company’s Advanced Aviation Simulation and Training Activities.

June 30, 2006
Adacel Technologies Financial Report

Adacel Technologies Limited has reported a return to profitability and strong cash inflows from operations for the 12 months to 30 June 2006.

June 28, 2006
Silvio Salom Steps Down as Adacel Returns to Profitability

Mr. Salom will continue as a Director and will continue to work with the Board on the strategic development of the company.

April 11, 2006
Adacel Receives Additional Order for ATC Tower Simulators To Support United States Marine Corps

With the current contract modification, the USMC will purchase four (4) additional systems.

March 15, 2006
Half Year Result to 31 December 2005

Based on the steps taken over the past two years, the company remains cautiously optimistic for continued improvement in group performance during the remainder of the financial year.

March 1, 2006
Adacel Provides Airbus with Advanced Simulation Tools for Research and Development Programs

Under the latest order, which follows an earlier contract from 2005, Adacel will supply tactical military simulation tools.

February 28, 2006
Adacel Secures New Simulator Contract With Georgia Aviation Technical College

GAVTC has received funding from the state of Georgia to expand their aviation department to include an air traffic control program.

February 28, 2006
Adacel Named Among Top 100 Military and Training Technology Companies

The latest honor comes from Kerrigan Media International and Military Training Technology magazine.

February 24, 2006
Adacel Introduces New Precision Approach Radar Training Product

Midwest ATC Services to Receive PAR Simulator.

June 30, 2005
Adacel Technologies 2005 Financial Report

Management efforts during the year were on consolidating the group’s operations following the restructuring of 2004. The company continued to focus on the North American based global aviation and defence simulation and control operations.

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