InvestorsHub Logo
Followers 145
Posts 27566
Boards Moderated 3
Alias Born 02/07/2004

Re: Trisha post# 154

Tuesday, 12/26/2006 9:11:10 AM

Tuesday, December 26, 2006 9:11:10 AM

Post# of 205
BVR Systems Awarded a Program for Its Embedded Virtual Avionics (EVA) Solution
via COMTEX

December 26, 2006

ROSH HA'AYIN, Israel, Dec 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --

BVR Systems (1998) Ltd. (OTC Bulletin Board: BVRSF), announced today it was awarded an additional program in Europe for its Embedded Virtual Avionics (EVA) solution. The contract is valued at approximately $US 1.1 million.

"This award is an additional important milestone in achieving a leading position in the airborne embedded training market," responded BVR CEO Ilan Gillies. "Our EVA solution is gaining more and more appreciation by both industry partners and customers as the leading solution for the training of the future air fighters. In the past year BVR was awarded several airborne and naval embedded training programs as part of BVR's strategy to focus and lead this market segment".

BVR was recently awarded by Frost & Sullivan as the Entrepreneurial Company of the year in the market of military training and simulation. Frost & Sullivan acknowledged the potential of BVR's unique and mature EVA (Embedded Virtual Avionics) solution as well as the IP rights related to this product.

About BVR Systems

BVR Systems (1998) Ltd. is a world leader in advanced defense training and simulation systems. The Company offers highly efficient, cost-effective solutions to the simulation, training and debriefing needs of modern air, sea and ground forces.

For more information visit the Company's web site at http://www.bvrsystems.com Contact: Ilan Gillies -- CEO BVR Systems (1998) Ltd. Tel +972-3-900-8000


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.