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SpatialNews.com Press Release
OSI Geospatial Awarded U.S. Army Contracts Valued at US$1.4 Million
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VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 24, 2006) - OSI Geospatial Inc. (TSX:OSI)(OTCBB:OSIIF) announced today that its U.S. systems operations has been awarded contracts totaling approximately US$1.4 million by the U.S. Army. Under the contract terms, the company will further develop and enhance its command and control technology to meet U.S. Army operational requirements. Work will be performed over the next 8 months.
"The U.S. Army is a valued customer and we are pleased that our relationship continues to strengthen. The award of these contracts confirms their commitment to our command and control technology and our ability to meet their operational requirements," said Ken Kirkpatrick, President and CEO of OSI Geospatial.
About OSI Geospatial
OSI Geospatial Inc. delivers advanced systems and software to address the growing need for enhanced situational awareness in command, control, communications, and intelligence applications. By providing essential tactical and geospatial information, the company's systems and software help decision-makers know the precise location of mission operations across all military forces while integrating information with allies. OSI Geospatial systems are in use by military, government, and commercial customers around the world. The company is publicly traded on the Toronto Stock Exchange (OSI) and the Over the Counter Bulletin Board (OSIIF). For additional information please visit www.osigeospatial.com.
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