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Alliance News Detail


SimiGon Completes System Milestones For Training Programme

[ 05 Jul 2017 10:24 ]

LONDON (Alliance News) - Shares rose in SimiGon Ltd after the developer of learning, training and simulation technologies said on Wednesday it has completed all systems delivery milestones related to a USD6.7 million contract it won in June.

Shares in SimiGon were up 10% to 22.00 pence on Wednesday morning.

The London-listed company said the collaboration with the customer from the contract had led to "a more advanced training system being developed" ,and that the experience gained from the turnkey programme would be useful in marketing its SIMbox training product to other potential customers.

SimiGon provided the customer's trainees with personalised training lessons using its virtual instructor technology, while automated feedback reports provided trainees and instructors with information on areas that required greater focus.

The company said the successful execution of the training programme showed SimiGon's "potential as a leading player in the aviation training market".

"We are pleased to announce the successful completion of all systems delivery milestones. The experience and know-how obtained during the delivery of this programme will be leveraged to further new business opportunities for SimiGon and our partners within the SIMbox ecosystem," SimiGon President and Chief Executive Ami Vizer said.

By Maryam Cockar; maryamcockar@alliancenews.com; @MaryamCockar

Copyright 2017 Alliance News Limited. All Rights Reserved.


SimiGon Completes System Milestones For Training Programme - Alliance News

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