OSI Geospatial Signs $925,000 US Navy Training Contract

(Ottawa, Canada, April 114, 2008) -- OSI Geospatial Inc. (TSX: OSI; OTCBB: OSIIF) announced today that its U.S. Systems Operations has signed a contract valued at approximately US$925.000. Under the terms of the contract, the company will further develop and enhance its Simulation Based Training technology for the U.S. Navy.

"We are pleased that our leading-edge training simulation technology is of interest to U.S. Navy and we are excited about contributing to this important project," said Ken Kirkpatrick, president and CEO of OSI Geospatial. "Our U.S. operations have developed significant capabilities in this area and this is evidence that we are getting some traction."

Source : OSI Geospatial Inc.

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