HiQ WINS NEW SEK 13.1 MILLION ORDER FROM FMV

HiQ WINS NEW SEK 13.1 MILLION ORDER FROM FMV

HiQ has received a new order from FMV, the Swedish Defence Materiel
Administration. The SEK 13.1 million order is for the maintenance of
simulators for training fighter pilots on the JAS 39 Gripen.

“HiQ has worked with FMV and the Swedish Armed Forces for more than a
decade and a half. This latest assignment involves developing systems
further and integrating systems in the best, most cost-effective way in
order to satisfy current training requirements for JAS training
simulators,” says Anders Nilsson, Managing Director of HiQ Mälardalen.

The simulators, which are used to train both Swedish and foreign pilots
to fly the JAS 39 Gripen, are developed in parallel with the aircraft
itself. Simulators are used for flight training and tactical training of
pilots, and also for training technical personnel. The advantage of
flying a simulator rather than a real aircraft is that the costs of a
pass in a simulator are considerably lower. In addition, personnel can
be trained for situations that cannot be carried out during a real
flight for safety reasons.

“As I see it, the agreement with FMV demonstrates how much our client
values the quality and expertise that we offer not just in the
development of training simulators, but also in modelling and
simulation. We are also very proud of our close partnership with the
rest of the defence industry in this area - a partnership that we have
deepened further in recent years. Training simulators for the JAS 39
Gripen represent advanced technology that requires knowledge not only of
the domain concerned, but also specialist expertise in technical
communication, integration, testing and simulation - which in our case
are enhanced by a close working relationship,” says Anders Nilsson.
“HiQ has many years' experience of working on high-tech training
simulators. With the rapid developments in technology, we expect demand
for expertise in simulation technology to remain strong - both for
military and for civil applications. We are naturally very proud of our
strong partnership with FMV,” says Lars Stugemo, President of HiQ
International.

For further information, please contact:

Anders Nilsson, Managing Director HiQ Mälardalen, +46 70-944 72 91

Anna Jennehov, CIO HiQ, +46 70-4200 049

Lars Stugemo, President and CEO HiQ, +46 8 588 90 000