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Fri, Sep 10, 2004

Upgraded: Jean-Pierre Mortreux

CMC Electronics Welcomes New President and CEO

CMC Electronics says Jean-Pierre Mortreux has been appointed President and Chief Executive Officer.

The announcement said Mortreux took over the position Tuesday.

Mortreux has over 25 years of experience in the aerospace industry where he has achieved an impressive record of accomplishments. Mortreux joins CMC from Thales Avionics North America, based in Montreal, where he held the position of President and CEO since 2002. Previously, he spent six years as President and CEO of Thales Avionics Canada Inc. and Vice President / General Manager of the company's Regional and Business Aircraft business unit in Montreal. He was President and CEO of Sextant Avionique Inc. USA (Miami and Seattle) from 1991 to 1995, during which time he established the company's first subsidiary outside Europe.

 Mortreux holds a degree in Engineering from the �cole Sp�ciale des Travaux Publics in Paris, as well as a degree in Public Administration and Economics from the Institut d'�tudes Politiques in Paris.

 Mortreux is a highly distinguished aviation executive who brings extensive capabilities in leading the development, marketing, manufacture and support of aerospace electronics products and systems. The Board of Directors is very pleased to welcome Mortreux at this exciting time in CMC Electronics' evolution to lead the company's aviation electronics growth initiatives.

CMC Electronics designs and produces electronics for the aviation and global positioning markets. Its principal locations are in Montreal, Quebec; Ottawa, Ontario; and Chicago (IL). The company's subsidiary, NovAtel Inc., is headquartered in Calgary, Alberta.

FMI: www.cmcelectronics.ca

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