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SpatialNews.com Press Release
OSI Geospatial Signs U.S. Coast Guard Contract Valued at US $1 Million
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Ottawa, Ontario - OSI Geospatial Inc. (TSX:OSI) announced today that its U.S. Systems Operations has signed a contract valued at approximately U.S. $1.0 Million with the United States Coast Guard (USCG). Under the terms of the contract, the company will provide a hardware upgrade to the ECPINS(R) Navigation Systems installed on the USCG Buoy Tender Fleet. The work is estimated to be completed in the next three months.
"The USCG is a valued customer and we are pleased that our relationship continues to strengthen. We have been working with this customer for many years and currently have navigation systems installed on 41 USCG vessels," said Ken Kirkpatrick, president and CEO of OSI Geospatial. "The USCG has more than 250 vessels in their fleet and we are committed to growing our business with this very important 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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