OSI Geospatial signs $4 million mapping contract

OTTAWA, April 28 /CNW Telbec/ - OSI Geospatial Inc. (TSX: OSI) announced today that its Mapping Operations has been awarded a contract valued at approximately $4.0 million. Under the terms of the contract, the Company will provide digital mapping production services to the customer over the next 12 to 18 months.

"We are very pleased with the progress that our mapping business is making this year, as we have now secured close to $8 million in contracts in the first five months of our fiscal year," said Ken Kirkpatrick, president and CEO of OSI Geospatial. "This success positions our mapping operations for solid growth in 2010."

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 .