VMT Announces Teaming Agreement with CAE USA

February 09, 2010

February 9, 2010 - St. John's NL - Virtual Marine Technology (VMT) is pleased to announce it has signed a teaming agreement with CAE USA, based in Tampa, Florida. The teaming agreement provides CAE USA with exclusive rights to distribute VMT's maritime simulation technologies in the United States.

VMT specialized in maritime simulation solutions that deliver safe, focused learning environments. The company is partnered with Canada's leading maritime institutions to research, model and simulate the hydrodynamic properties of small craft motion; specifically fast response craft when operating at speed and survival craft when launched into waves. Complementing VMT's simulation expertise is a team of mariners with over 70 years of Coast Guard, teaching and regulatory experience.

"We are very excited to begin our relationship with CAE USA. As a world leader in simulation-based training, CAE USA's knowledge and expertise will be invaluable in helping VMT achieve success in the United States market," said VMT's President and CEO Captain Anthony Patterson.

As part of the teaming agreement, VMT will be responsible for the development and delivery of simulation hardware, software, and training curriculum. CAE USA will leverage its expertise in system integration and installation.