OTTAWA, Aug. 25 /CNW Telbec/ - OSI Geospatial Inc. (TSX: OSI) ("OSI")
announced today that its U.S. Operations has signed a contract with the U.S.
Department of Homeland Security (DHS). Under the terms of this contract, the
company will deliver its DC4S-Responder, a version of DC4S-Assaulter(TM) and
DC4S-Base(TM) technology to provide navigation and tracking capabilities which
allows DHS agents to operate in GPS denied environments while being tracked
and controlled from a remote command post. The systems will be delivered in
the fourth quarter of 2009.
"This is our first project with this customer and we are pleased that
they have selected our DC4S technology to support operations being conducted
under these extreme conditions," said Ken Kirkpatrick, president and CEO of
OSI Geospatial. "We are optimistic that this initial success will lead to
additional business with this customer and other DHS agencies."
Dismounted Close Combat Command and Control System (DC4S) - DC4S is a
range of lightweight, highly man-portable products that enable Military or
First Responder Team Leaders and Individuals to acquire, share and maintain
real-time Situational Awareness. It provides the ability to navigate in even
the most extreme conditions, share real-time information, and provide reports
and updates on developing situations. The product range incorporates many
advanced capabilities not found in similar systems produced by competitors.
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.
This press release contains forward-looking statements and information
which reflect the current view of OSI Geospatial Inc ("OSI") with respect to
future events and financial performance. Any such forward-looking statements
are subject to risks and uncertainties and OSI's actual results of operations
could differ materially from historical results or current expectations.
Additional information on these and other potential factors that could affect
OSI's financial results are detailed in disclosure documents filed from time
to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
Copyright (C) 2009 OSI Geospatial Inc. and its affiliated or related
companies. ECPINS and COP-IDS are registered trademarks of Offshore Systems
Ltd., an OSI Geospatial company. IGEN, C3CORE, DC4S Base, DC4S Assaulter and
DC4S Commander are registered trademarks of CHI Systems Inc., an OSI
Geospatial company. Other company brand, product and service names are for
identification purposes only and may be either trademarks, service marks or
registered trademarks of their respective owners. Data subject to change
For further information:
For further information: Jane Hayward, Investor Relations, (613)
287-8004 or 1-888-880-9797, (613) 287-0466 (FAX), firstname.lastname@example.org