OSI Geospatial Awarded $1.6 M US Army Contract

(Ottawa, Canada, April 29, 2008) -- OSI Geospatial Inc. (TSX: OSI; OTCBB: OSIIF) announced today its U.S. Systems Operations has been awarded a contract valued at approximately US$1.6 million including all options. Under the contract terms, the company will further develop and enhance its command and control technology to meet U.S. Army operational requirements. Work is expected to be performed over the next 24 months.

"The U.S. Army is a valued customer and we are pleased that our relationship continues to strengthen. The award of this contract confirms their commitment to our command and control technology and our ability to meet their operational requirements," said Ken Kirkpatrick, president and CEO of OSI Geospatial.

Source : OSI Geospatial Inc.

Recent News / Press releases from OSI Geospatial Inc.

• OSI Geospatial Signs Australian Navy Contracts [Defence] [ Tue 8 Jul 2008 ]
• OSI Geospatial Signs $1.5 M US Military Contracts [Defence] [ Wed 14 May 2008 ]
• OSI Geospatial Signs $10 M Contract With US Army [Defence] [ Thu 8 May 2008 ]
• OSI Geospatial Awarded $1.6 M US Army Contract [Defence] [ Wed 30 Apr 2008 ]
• OSI Geospatial Signs $925,000 US Navy Training Contract [Defence] [ Tue 15 Apr 2008 ]
• The RNZN to Upgrade Project Protector Fleet to ECPINS W [Defence] [ Tue 26 Feb 2008 ]
• Offshore Systems to deliver Submarine Navigation System to LM for Brazilian Navy [Defence] [ Tue 19 Feb 2008 ]