Business Services Industry
XeDAR Corporation Awarded U.S. Air Force Contract to Develop Interactive 3D Training Programs
Business Wire, June 26, 2008
ENGLEWOOD, Colo. -- XeDAR Corporation (OTCBB: XDRC), a provider of homeland security consulting and IT services to national intelligence agencies and the Department of Defense, announced today that it has been awarded a contract to develop technically accurate, interactive 3D maintenance training programs for the U.S. Air Force. Work under the contract will be performed by XeDAR's Point One subsidiary in Arlington, Virginia, and is expected to be completed within ten months.
"Readiness is the foundation of homeland security, and effective maintenance is the key to readiness. This Air Force program capitalizes on the inherent strengths of XeDAR's interactive 3D technologies to create training materials and electronic technical manuals that will accelerate installation, maintenance, and repair and ensure first-time, right-performance in the field," said Dale Smith, Director of Point One.
"By demonstrating how XeDAR's 3D imaging technologies can improve readiness and reduce costs, this contract gives XeDAR a toe-hold in an emerging market with enormous growth potential throughout the homeland security community," said Hugh Williamson, Chief Executive Officer of XeDAR.
XeDAR's technology offers an economical, effective, and expedient way to achieve training objectives associated with hard skills training using 3D digital models that allow maintenance personnel to familiarize themselves with equipment through virtual hands-on exploration, including disassembling/assembling, maintenance procedural animations and simulations, rotating, moving, cross-sectioning, x-ray/context view and zooming. Maintainers learn the properties for each part, including name, part number, and description, and have access to hyperlinks from each part to sub-assemblies and/or reference materials.
About XeDAR Corporation
XeDAR Corporation provides strategic consulting, systems analysis, predictive modeling, digital imaging, and geospatial data analysis tools and services to the Department of Homeland Security, the Department of Defense and other national intelligence agencies, as well as commercial clients.
Forward-Looking Statements
The statements included in this news release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "seek," or "believe." These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations about future events. There are important factors that could cause our actual results, level of activity, performance, or achievements to differ materially from the results, level of activity, performance, or achievements expressed or implied by the forward looking statements, including, but not limited to: (1) integration of operations as we acquire companies and (2) our ability to win additional government business based on the expertise of the combined companies. In particular, you should consider the risks outlined under the heading "Risk Factors" in our most recent Annual Report on Form 10-KSB. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not rely upon forward-looking statements as predictions of future events. These forward-looking statements apply only as of the date of this news release; as such, they should not be unduly relied upon as circumstances change. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this report or those that might reflect the occurrence of unanticipated events.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



