Pulse announces Terrapoint LIDAR subsidiary signs C$1.14MM contract



    TSX:PSD

    CALGARY, April 30 /CNW/ - Pulse Data Inc. ("Pulse") announces that its
wholly-owned subsidiary, Terrapoint USA Inc., has signed a US $988,750
(approximately C$1.14 million) contract to provide surveying in New York
State. The project will utilize LiDAR technology to survey several thousands
of square miles for the purpose of flood mapping.
    James Ferguson, President of Terrapoint Canada Inc. stated "Our
reputation for high-quality work, coupled with our ability to quickly deploy
significant LiDAR resources for this project were key to securing this
contract."
    In anticipation of the project Terrapoint is currently in the process of
flying several state-of-the-art Optech 3100 EA LiDAR Sensors on the site to
capture the survey area prior to any "leaf-on" conditions that may prevail.

    Pulse is a Calgary-based company with two operating units: Pulse Seismic
which specializes in acquiring, marketing and licensing seismic data to the
western Canadian energy sector, and Terrapoint which focuses on acquisitions
and processing of digital elevation and image data (or LiDAR) to diverse
markets. Through these two operating units, Pulse Seismic and Terrapoint, the
Company has evolved into an industry leader providing Better Information
Faster(TM).
    Pulse trades on the Toronto Stock Exchange under the symbol PSD.

    Certain information contained herein may constitute forward-looking
statements under applicable securities laws. Such statements are subject to
known or unknown risks and uncertainties that may cause actual results to
differ materially from those anticipated or implied in the forward-looking
statements. Investors are encouraged to review the "Risk Factors" section of
the Management's Discussion and Analysis in the Company's most recent Annual
Report and interim reports for a discussion of risks that could affect the
Company's operations and financial results. Forward-looking statements are
based upon management's assumptions, expectations and estimates at the time
that such statements are made. Pulse does not update forward-looking
statements should circumstances change or management's assumptions,
expectations or estimates change, except as required by law.




For further information:

For further information: Ken MacDonald, President & C.E.O. of Pulse,
Tel.: (403) 237-5559, Toll-free: 1-877-460-5559, E-mail:
info@pulsedatainc.com, Website: www.pulsedatainc.com. James Ferguson,
President of Terrapoint Canada Inc., Tel.: (613) 820-4545, Toll-free:
1-800-231-4969, Website: www.terrapoint.com

Organization Profile

Pulse Seismic Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890