OSI Geospatial Signs UK Navy Submarine WECDIS Software Supply Contract

OTTAWA, Sept. 16 /CNW/ - OSI Geospatial Inc. (TSX: OSI) ("OSI Geospatial") announced today that its International Systems Operations has been awarded a contract under which the Company will supply its world-leading ECPINS(R) W (Sub) software to the UK Royal Navy's Astute Class Submarine.

"This significant win in a highly-competitive situation represents yet another example of the maturity and flexibility of OSI Geospatial's software for the submarine market," said Ken Kirkpatrick, President and CEO. "OSI Geospatial's software was chosen for the UK Royal Navy's most advanced nuclear attack submarine after critical analysis determined that the unique features of ECPINS(R) W (Sub) provide the submariner with a clear tactical advantage in both open ocean as well as the complex littoral battlespace. OSI Geospatial's solutions for the submarine market are the most cost effective and lowest risk, which is why we continue to see this market expand. The Company's submarine solutions also include hardware products designed to fit into the demanding space restrictions posed by submarines. Amongst the list of customers that use OSI Geospatial hardware are the Brazillian Navy, Royal Australian Navy, and the Canadian DND. Our software is also able to be installed into legacy and future submarine hardware environments, bringing our total of submarine customers to 7, and it has been successfully interfaced to existing submarine Combat Management Systems. OSI Geospatial's submarine WECDIS solutions are the most advanced, operationally proven, and widely deployed today."

About Our Technology

With ECPINS(R), OSI Geospatial provides the most advanced surface and subsurface navigation functionality in the world. We have the largest customer base and greatest number of ships using our ECPINS(R) technology. In addition to ECPINS(R), OSI Geospatial has fielded the advanced Warship-AIS (W-AIS) product. W-AIS provides intelligence and analysis as well as situational awareness and is a fleet-wide installation in the UK Royal Navy. OSI Geospatial's Asset Control and Tracking (ACT) technology was employed by the Canadian Navy for port security during the recent 2010 Winter Olympics in Vancouver. ACT allows a mother-ship or shore-based command and control centre to securely communicate and positively control small fast patrol boats and Rigid Hull Inflatable Boats (RHIBs) for interception and boarding operations. With OSI Geospatial's ACT technology, these complex and dangerous operations can be carried out with utmost confidence and security. In addition to these technologies, OSI Geospatial has developed an innovative small boat Integrated Navigation and Tactical System (INTS) that provides all of the traditional functions of an Integrated Bridge System (IBS) in addition to providing the essential tactical functions of a Combat Management System (CMS). The INTS is aimed at fast attack craft and patrol vessels for littoral warfare and homeland defence.

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 (C) 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, [phone], or [phone], [phone] (FAX), [email protected]