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SpatialNews.com Press Release
OSI Geospatial Awarded New Mapping Business of US$1.5 Million
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VANCOUVER, BRITISH COLUMBIA-- OSI Geospatial Inc. (TSX:OSI)(OTCBB:OSIIF) announced today that its mapping operations has been awarded new business valued at approximately US$1.5 million since May 17, 2006. This total includes a US$620,000 prime contract with the United States Department of Agriculture (USDA).
"We continue to make solid progress in developing our U.S. mapping business," said Ken Kirkpatrick, President and CEO of OSI Geospatial. "The USDA win positions us to secure additional business with this customer and other U.S. Federal Government agencies."
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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