HiQ receives new FMV order worth SEK 20.5 million

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HiQ receives new FMV order worth SEK 20.5 million The Nordic IT and management consultancy HiQ has received a new order from FMV, Swedish Defence Material Administration. The order, worth SEK 20.5 million, relates to the development of fighter-pilot training simulators for JAS 39 Gripen. "The development of the simulators is advanced technology at its highest level. The simulators used for training pilots to fly the JAS 39 Gripen are being developed in parallel with the aircraft itself. Our contribution is to look in to new system requirements and to produce cost-effective solutions using new technology," says Lars Stugemo CEO of HiQ. Simulators are used to train pilots in purely tactical flight situations involving various allies and enemies, but also to train ground staff. The advantage of flying in a simulator compared to a real plane is that a flight session is far less expensive in a simulator. Moreover, certain routines can be practised which would not be feasible in a real flight situation for reasons of safety, for example. HiQ has worked on high-tech training simulators for the JAS 39 Gripen since 1992 and has long experience of development within the defence industry. For further information, please contact: Lars Stugemo, CEO, HiQ International, tel: +46 (0)8-588 90 000 Anna Svensson, CIO HiQ International, tel: +46(0)8-588 90 015, +46(0)704 200 103 HiQ is an IT and management consultancy that focuses on high-tech solutions in the fields of communication, software development and simulation technology. The company is a leader in these fields and the Nordic region is its domestic market. HiQ employs about 400 people at offices in Sweden, Finland and Denmark. HiQ is listed on Stockholmsbörsen. For more information, please visit www.hiq.se. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/27/20040304BIT20870/wkr0006.pdf

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