OSI Geospatial Signs Fleet-Wide ECPINS® 6.0 Software Upgrade Contract with the Royal Danish Navy
05 Décembre 2011 - 10:10PM
PR Newswire (Canada)
VANCOUVER, Dec. 5, 2011 /CNW/ - OSI Geospatial Inc. ("OSI
Geospatial") a world leader in naval integrated navigation and
tactical solutions, announced today that it has signed a contract
to upgrade the Royal Danish Navy to the newly released ECPINS
6.0. The software upgrade will be installed on ECPINS systems
that are currently deployed across a fleet of approximately 50
warships. The company has been providing navigation and tactical
solutions and services to the Royal Danish Navy since 2001. 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 Girard, CFO+1
778-373-4600+1 888 880 9797+1 778-373-0027
(FAX)invest@osigeospatial.com
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