HAVELSAN to Acquire Quantum3D

PRAGUE -- HAVELSAN, Inc. is in the process of acquiring the flight simulation business assets of Quantum3D, Inc., a leading developer of visual computing solutions for government and commercial applications. When the transaction completes, HAVELSAN's U.S.-based subsidiary will retain the intellectual property and product lines of Quantum3D, and will have offices in San Jose, CA and Orlando, FL.

Existing Quantum3D products, including the award-winning Mantis® software for real-time visual simulation, Independence® IDX Series Image Generators, and the GeoScapeSE® line of World-Wide visual database products, will continue to be sold under the Quantum3D brand name as before. Moreover, the resulting U.S.-based entity will continue to do business using the Quantum3D name, and will be staffed primarily with existing, experienced Quantum3D employees.

Based on modern GPU shader programming technology and with its vast array of plug-ins for special effects, Mantis is well suited to exploit the new levels of hardware power within modern PC platforms. And when packaged with the GeoScapeSE World-Wide Database and the new Independence IDX 8000 Image Generator, Quantum3D provides an out-of-the-box visual solution that's ready to fly to thousands of airports, cities, and other destinations around the globe - which forms a perfect complement to HAVELSAN's larger system-level simulation and training solutions.

"Our simulation and training business has the potential for significant growth, and Quantum3D's products are well known for realism and high performance. We believe that combining our strategies with Quantum3D products will create many new opportunities and allow us to develop Mantis to be the most innovative solution in the market", said Mr. Sadik YAMAC, General Manager/CEO of HAVELSAN. "With these assets from Quantum3D we will not only enhance our core product capabilities worldwide, but will also better serve the large U.S. domestic and other North/South/Central Americas markets for complete training solutions." Mr. Yuksel OZTEKIN, Chairman of the Board of HAVELSAN, further noted "This is indeed a strategic move for HAVELSAN to enter into the US Market and develop a high end technology with Quantum3D."

"Quantum3D is a leader in Image Generator solutions, with 1000's of channels in use worldwide", said Pratish Shah, president, Quantum3D. "Merging our IG solutions and database capabilities with HAVELSAN will accelerate the development and enhancement of our already leading class solutions and enable us to provide greater support, service and new products to our customers."

The acquisition is anticipated to close before the end of 2015, conditional upon receiving regulatory approvals.

For more information, visit:
http://www.havelsan.com.tr
http://www.quantum3d.com

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