Calian wins two key deals

Article Excerpt

CALIAN TECHNOLOGIES $16.50 (Toronto symbol CTY; TSINetwork Rating: Speculative) (613-599-8600; www.calian.com; Shares outstanding: 7.4 million; Market cap: $121.7 million; Dividend yield: 6.8%) has won two more contracts for emergency response preparedness training, a new area for the company. These deals build on the first deal it signed, with Bruce Power, earlier this year. No terms were disclosed. Under one of these new contracts, Calian will help Emergency Management British Columbia design, develop, conduct and evaluate an exercise in support of the province’s new Earthquake Immediate Response Plan. The other agreement, with the City of Kingston, involves setting up a plan for simulating complex emergency situations and enhancing the city’s response procedures. Calian Technologies is still a buy. buy…