ASDWire distribution date: Mon, 7 Jun 2010 15:52:00 GMT +0100

Northstar Network Ltd and DEW Engineering & Development ULC sign Letter of Intent for collaboration on upcoming defence work

June 02 2010 - St. John’s NL --[ASDWire]-- Northstar Network Ltd. (Northstar) is pleased to announce that it has signed a Letter of Intent with DEW Engineering and Development ULC (DEW) covering up to $16M in total opportunities for Northstar. This agreement provides for collaboration between Northstar and DEW on a number of Canadian defence projects.

DEW, of Ottawa, Ontario, and Miramichi, New Brunswick is well positioned for selection as both a prime contractor and top-tier supplier for a number of Canadian military land-vehicle and related programs. Recent Canadian Forces announcements include CDN$5.2 billion in funding for land-vehicle upgrades and acquisition projects, including:
  o Light Armoured Vehicle (LAV) Fleet Upgrade
  o Mobile Tactical Vehicle (MTV)
  o Close Combat Vehicle (CCV)
  o Medium Support Vehicle System (MSVS)
  o Tactical Armoured Patrol Vehicle (TAPV)
With over three decades of experience supporting the Canadian Forces on many major vehicle, trailer and shelter re-life, re-role and acquisition programs, DEW has a substantial history of success in the field, delivering a range of development and manufacturing capabilities.

St. John's, Newfoundland-based Northstar is a prominent Atlantic Canadian supplier for contract manufacturing, assembly and integration services. Northstar manufactures a number of defence products on contract, including consoles for the Halifax-Class Frigates and Victoria-Class Submarines, aircraft parts and assemblies for the P-3 Orion/CP-140 Aurora Maritime patrol aircraft, and a number of sonar systems for threat detection and classification. Northstar also backs its products with a suite of support services including design optimisation, engineering, trainer development and in-service support.

"DEW's extensive track record and unmatched products provide a wealth of opportunities for Northstar," says Howard Nash, President of Northstar. "And we bring to the table a solid range of services, exceptional value and quality, and added regional diversity for DEW's supply chain. The relationship we have built with DEW will be mutually rewarding for many years to come."

Northstar and DEW are both committed to Canada’s Industrial and Regional Benefit policy, providing 100% Canadian Content. DEW sees this new relationship with Northstar as a way to not only provide a high-quality, best value product to the Canadian forces, but also maintain Canadian jobs. As expressed by DEW President Tim Dear, , “DEW is pleased to continue to expand and diversify our capabilities and experience. This agreement between DEW and Northstar will bolster DEW's Canadian supply chain, and provide valuable and long-term contract manufacturing opportunities for Northstar now and in the future.”


About Northstar Network Ltd.
Northstar Network Limited, an AS9100 and ISO 9001:2000 registered company, provides systems integration, OEM and contract manufacturing, engineering and supply chain management services. Together with its 25 affiliated companies and educational institutions, Northstar offers industry leading capabilities in systems integration, design engineering, precision machining, sheet metal fabrication, and electronic contract manufacturing. Northstar Network is wholly owned by Northstar Electronics Inc. (OTCBB: NEIK).


About DEW Engineering and Development ULC
Founded in 1978, DEW Engineering and Development ULC is a wholly owned subsidiary of CoorsTek of Golden, Colorado and organized in two geographic areas employing over 400 people with the main plant and headquarters in Ottawa (125,000 square feet of manufacturing) and a manufacturing organization in Miramichi, New Brunswick (90,000 square feet of manufacturing).

DEW specializes in military vehicle assembly and manufacturing, land combat vehicle re-life/re-role and add-on armour protection systems. DEW’s Armour Unit specializes in offering one-stop shopping for the design, engineering, testing, prototyping, manufacture and support of large scale high-tech ceramic composite armour systems. DEW has designed and manufactured thousands of modular add-on ceramic armour kits and customized panels for a broad range of wheeled and tracked military vehicles.

DEW takes concepts and brings them to combat! www.dewengineering.com




Company Information

Howard D. Nash
President
Northstar Network Ltd.
1 Duffy Place, Suite 9
St. John’s, NL, Canada
A1B 4M6
(709) 738-6448 Ext 237
(709) 687-7326
howard.nash@nnl.ca
www.northstarnetwork.ca

Craig Campbell
Vice President, Business Development
DEW Engineering and Development, ULC
(613) 736-5100
c.campbell@dewengineering.com
www.dewengineering.com

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