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Technology Stocks : bvr systems/BVRSF

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From: midastouch017	9/4/2007 7:08:49 AM
	of 12

BVR Systems Wins Three Support Contracts Valued at US$1.65 Million Tuesday September 4, 5:02 am ET ROSH HA'AYIN, Israel, September 4 /PRNewswire-FirstCall/ -- BVR Systems (1998) Ltd. (OTC Bulletin Board: BVRSF - News), today announced three follow-on contracts from Asian & S. American customers, in an aggregated value of $1.65M. The programs call for the provision of Integrated Logistic Support services for a period of three years for training systems previously provided by BVR. The contracts involve support of both land-based simulators & airborne products, and include on and off-site maintenance, software & hardware support, periodical system upgrades, and supply of spares. BVR Systems' CEO Ilan GillIes commented "These support contracts are an important element in the BVR's value proposition, fulfilling the BVR vision of offering its customers a complete range of products and services to support their training requirements. BVR's support services will allow our customers to enjoy the full benefits of their simulator & training systems and maximise their availability and use." Gillies added that "These contracts further emphasize the confidence of our customers in the quality of BVR's range of services". biz.yahoo.com

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