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CAE names Colabatistto new military group president

He will be replacing Martin Gagne who, after 16 years of service with
CAE, has decided to retire. Gagne has agreed to stay on as a consultant
in order to ensure a smooth transition and support a number of key
strategic initiatives.

"I would like to thank Martin Gagne for having been a key player in
making CAE's military business the global leader it is today," said Marc
Parent, CAE's president/CEO. "Martin has been instrumental to the
significant growth we have achieved and we look forward to continuing to
work with him in his new consulting capacity."

"We are very happy to welcome Gene Colabatistto, a highly skilled leader
in the defence industry with over 25 years of experience in global
markets," said Parent. "He brings to CAE a strong pedigree, having held
senior positions in companies where he achieved strong growth in the US
and around the world. His new mandate at CAE will be to continue to grow
our presence in our core military markets as well as develop our
position in adjacent markets."

Colabatistto has held leadership positions within the industry and the
military. Prior to joining CAE, he was a Senior Vice President in the
Intelligence, Surveillance and Reconnaissance (ISR) Group at Science
Applications International Corporation (SAIC).

Previously, Colabatistto was president of Olive Group North America, a
global, integrated security corporation. Prior to this position, he was
President of Space Imaging Solutions, responsible for the satellite
imagery products and services. He was also President of SPOT Image
Corporation, a subsidiary of the world's first commercial provider of
satellite imagery. With Veridian Corporation, he was responsible for the
strong sales growth of its engineering products, specializing in
imagery and signals intelligence.

Colabatistto also served in the United States Marine Corps, responsible
for intelligence information systems and acting as the service's
representative for satellite and airborne reconnaissance during Desert
Storm.

Mr. Colabatistto has an M.S. in Electrical Engineering from George
Washington University, and a B.S. in Aerospace Engineering and an M.S.
in Systems Management from the University of Southern California (USC).
He is a member of the Intelligence and National Security Alliance
(INSA), Armed Forces Communications-Electronics Association (AFCEA),
National Defense Intelligence Association (NDIA), United States
Geospatial Intelligence Foundation (USGIF), American Institute of
Aeronautics and Astronautics (AIAA), and the Institute of Electrical and
Electronics Engineers (IEEE).