OSI Geospatial Achieves Formal-Type Approval Against the NATO WECDIS STANAG
4564 Edition 2
OTTAWA, Aug. 26 /CNW/ - OSI Geospatial Inc. (TSX: OSI) ("OSI Geospatial") announced today that its International Systems Operations has achieved formal-type approval from Germanischer Lloyd for its ECPINS® software against the NATO STANAG 4564 Edition 2 for Warship Electronic Chart and Information Display Systems.
"This very important milestone is a unique event as ECPINS is the only software to have achieved a third-party formal assessment by a Notified Body. OSI Geospatial is now able to provide evidence through independent means that our software meets the stringent NATO WECDIS requirements, a statement or fact that no other manufacturer can make," said Ken Kirkpatrick, President and CEO. "Our advanced technology and adherence to stringent military standards position us very well in the high-growth maritime military and security niche markets that the Company is pursuing."
About ECPINS
With the maturity of our product and the unique features of ECPINS, OSI Geospatial is able to deliver the most advanced warship surface and subsurface navigation capabilities in the world. There are 13 navies with over 400 warships operating with ECPINS systems around the world. With one of the largest and most experienced software engineering teams in the industry and over 25 years of experience, OSI Geospatial continues to build on its capabilities and maintain its leadership position.
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.
Forward-Looking Statements
This press release contains forward-looking statements and information which reflect the current view of OSI Geospatial with respect to future events and financial performance. 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.
Copyright © 2010 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 is a registered trademark 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 without notice.
For further information:
Sandra Oneschuk
Investor Relations
+1 613 287 8004 or +1 888 880 9797
+1 613 287 0466 (FAX)
[email protected]
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