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SpatialNews.com Press Release
OSI Geospatial Signs U.S. Navy Contract to Provide Risk Assessment Services
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Ottawa, Ontario - OSI Geospatial Inc. (TSX:OSI) announced today that its U.S. Systems Operations has signed a contract with the U.S. Navy valued at approximately US$350,000. Under the terms of this contract, the company will provide integrated vulnerability assessment (IVA) services in support of anti-terrorism/ force protection requirements.
"This is our first contract to provide our IVA service to the U.S. Navy and we are very pleased to be contributing to their anti-terrorism initiatives," said Ken Kirkpatrick president and CEO of OSI Geospatial. "We are confident that this project will be a success and will position the company to secure future force protection business with this customer."
About OSI Geospatial
OSI Geospatial Inc. delivers advanced geospatial systems and software that enable shared real-time situational awareness for military, safety and security applications. Our products and services enable our customers to integrate and visualize live data with any combination of sensor data, imagery, maps and charts. This capability provides our customers with enhanced operational performance, safety and security through shared real-time situational awareness. OSI Geospatial systems and software are in use by military, government, and commercial customers around the world. The company is publicly traded on the Toronto Stock Exchange. For additional information please visit www.osigeospatial.com.
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