BVR Systems Awarded a Hybrid Datalink Program With a Leading Aircraft Integrator

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Thu Oct 23, 2008 5:24am EDT

ROSH HA'AYIN, Israel, October 23 /PRNewswire-FirstCall/ -- BVR Systems
(1998) Ltd. (OTC Bulletin Board: BVRSF), announced today it was awarded a
program with a leading aircraft integrator for the integration of its
advanced Hybrid Datalink solution. The contract is valued at approximately
$US 2.4 million.
    The awarded Hybrid Datalink solution allows for both live participants,
such as real aircraft, and virtual participants, such as Computer Generated
Forces (CGF), to be shared on the same network, thus allowing for both
operational and training platforms to train on the same network with full
interoperability. The awarded program includes the adaptation phase with an
initial serial quantity.
    "This award is an additional important milestone in strengthening our
leading position in the airborne live training market," Said BVR's CEO Ilan
Gillies.
    Mr. Aviv Tzidon, Founder and Chairman of BVR added: "Our capabilities to
provide field-proven Datalink solutions with connectivity to our live
training products enables us to deliver to our customers the most mature and
integrated airborne live training solutions in the market today."
    About BVR Systems
    BVR Systems (1998) Ltd. is a world leader in advanced defense training
and simulation systems. The Company offers highly efficient, cost-effective
solutions for the simulation, training and debriefing needs of modern air,
sea and ground forces.
    For more information visit the Company's web site at
http://www.bvrsystems.com
    This press release may contain forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on the current
expectations of the management of BVR only, and are subject to a number of
factors and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements. The
following factors, among others, could cause actual results to differ
materially from those described in the forward-looking statements: changes in
technology and market requirements; decline in demand for BVR's products;
inability to timely develop and introduce new technologies, products and
applications; loss of market share and pressure on pricing resulting from
competition, which could cause the actual results or performance of BVR to
differ materially from those contemplated in such forward-looking statements.
BVR undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events. For a more
detailed description of the risk and uncertainties affecting BVR, reference
is made to BVR's reports filed from time to time with the Securities and
Exchange Commission.
    Contact:

    Ilan Gillies - CEO
    BVR Systems (1998) Ltd.
    Tel +972-3-900-8000


SOURCE  BVR Systems (1998) Ltd.

Contact: Ilan Gillies - CEO, BVR Systems (1998) Ltd., Tel +972-3-900-8000
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