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Atlantis Systems Corp. Announces Teaming Agreement With CAE

HALIFAX, NOVA SCOTIA -- (Marketwire) -- 11/22/12 -- Atlantis Systems Corp. (NEX:AIQ.H) (the "Corporation"), a globally recognized training integrator in the military and commercial markets, announced today that it has signed a Teaming Agreement with CAE ("CAE") for the provision of training solutions to the Department of National Defence ("DND") in Canada. Under this agreement, Atlantis will support CAE as a key technology partner in a number of areas including Flight Training Devices and Courseware Development. Atlantis is pleased to work with CAE and other Canadian defence industry partners to offer the DND a world-leading training solutions provider capability.

"This Teaming Agreement further strengthens the collaborative relationship between CAE and Atlantis," said Ken Howard, CEO of Atlantis. "We believe that this agreement will help ensure that the high tech work and skilled jobs associated with training our DND personnel will stay in Canada and support growth in this important industry."

About Atlantis Systems Corp.

Atlantis Systems (NEX:AIQ.H) uses its core capabilities in simulation-aided design and engineering and e-learning, combined with various technology tools, to help customers in military and commercial markets to ensure the feasibility, capability, and effective utilization of their complex assets. In more than 30 years of operation, Atlantis has developed a solid reputation for its creative workforce and innovative solutions in supporting global OEM customers and defence organizations. To learn more, please visit the Company's web site at www.atlantissc.com.

About CAE

CAE is a global leader in modeling, simulation and training for civil aviation and defence. The company employs close to 8,000 people at more than 100 sites and training locations in approximately 30 countries. CAE offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crewmembers yearly. In addition, the CAE Oxford Aviation Academy offers training to aspiring pilot cadets in 11 CAE-operated flight schools. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, integrated enterprise solutions, in-service support and crew sourcing. The company applies simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is now leveraging its simulation capabilities in new markets such as healthcare and mining. www.cae.com.

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the accuracy or adequacy of this release.

Contacts:
Atlantis Systems Corp.
Ellie Landale
Corporate Secretary
(416) 738-8074
elandale@atlantissc.com
www.atlantissc.com

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