OSI Geospatial Inc. Announces the Release of ECPINS® 6.0 and Royal Navy Fleet-Wide Deployment
28 Novembre 2011 - 2:00PM
PR Newswire (Canada)
VANCOUVER, Nov. 28, 2011 /CNW/ - OSI Geospatial Inc. , a world
leader in naval navigation and tactical solutions, announces the
release of ECPINS 6.0 for Warships (ECPINS-W) and Submarines
(ECPINS-W Sub), and the fleet-wide deployment by the Royal Navy.
ECPINS 6.0 delivers the most advanced navigation and tactical
capabilities for surface and subsurface naval operations. As
the company's latest and most advanced product, it offers
significant enhanced capabilities including leading-edge 3D
imagery, networking capabilities, and upgraded dived
navigation. Further, ECPINS 6.0 has achieved International
Maritime Organization (IMO) ECDIS certification, and it is
the only product formally tested by a recognized certification body
that is fully compliant to the NATO STANAG 4564 Edition 2 WECDIS
standard. The UK Royal Navy will be the company's first customer to
upgrade to ECPINS 6.0. The software upgrade will be implemented
across systems currently operating on approximately 75 warships and
submarines. About OSI Geospatial OSI Geospatial Inc. operates two
distinct business units: Offshore Systems Ltd. (based in Vancouver,
British Columbia), a world-leading naval fleet supplier of
integrated navigation and tactical solutions; and CHI Systems, Inc.
(based in Philadelphia, Pennsylvania), a leading-edge research,
development, and systems integration supplier of technology
solutions for defense, aerospace, health, and bioscience
markets. OSI Geospatial systems and software are in use by
military, government, and commercial customers around the world.
The Company is publicly traded on the TSX Venture Exchange. For
additional information please visit www.osigeospatial.com. Neither
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. Forward-Looking Statements This press release includes
forward-looking information within the meaning of applicable
securities laws including information concerning the business and
future results of OSI Geospatial, specifically with respect to the
results of the Company's US research and development
operations. Any such forward-looking statements are subject
to risks and uncertainties and OSI Geospatial'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 Geospatial's financial
results are detailed in disclosure documents filed from time to
time with the applicable Canadian securities regulatory
authorities. Data subject to change without notice. OSI Geospatial
Inc. CONTACT: Jim GirardChief Financial Officer+1 778-373-4600+1
888 880 9797+1 778-373-0027 (FAX)invest@osigeospatial.com
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