Calian Changes Name to 'Calian Technologies Ltd.'

Business Wire, March 14, 2005

KANATA, Ontario -- Calian Technology Ltd. (TSX:CTY) announced today that the company's name has been changed to "Calian Technologies Ltd." with immediate effect. This name change was approved by Calian's shareholders at the annual and special meeting of shareholders held on February 2, 2005. Despite this name change, there will be no change to Calian's trading symbol on the Toronto Stock Exchange, which will remain "CTY".

"The new name more accurately represents who we are as a company," explained Ray Basler, Calian's President and Chief Executive Officer. "We have undertaken this minor name change to more accurately reflect our business, which is made up of the Systems Engineering and the Business and Technology Services Divisions. Each of these Divisions provides services with respect to a number of technologies in the satellite communications and information technologies areas."

About Calian

Calian Technology Ltd. (TSX:CTY) sells technology services to industry and government in Canada and around the world.Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering and other skilled professionals.The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators, as well as providing contract manufacturing services for customers in North America.

DISCLAIMER

Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as "intend", "anticipate", "believe", "estimate", "expect" or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company's most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

CALIAN TECHNOLOGIES LTD. (TSX:CTY)