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OSI Geospatial Hosts First-Ever Super-User Conference
Welcomes 35 Prestigious International Delegates from Eight Navies and Military Branches, February 19-23 in North Vancouver
Vancouver, Canada — OSI Geospatial Inc. (TSX: OSI; OTCBB: OSIIF) announced today that its first-ever Super-User Conference will begin this evening. Thirty five global Electronic Chart Precise Integrated Navigation System (ECPINS®) military users from eight of the world’s navies and military branches are gathered in North Vancouver to share their experiences and user capabilities and to collaborate with OSI on how to best develop and evolve this product.
“The participation of this esteemed group in our first Super-User Conference is a testament to the world-wide success of our ECPINS product, said Ken Kirkpatrick, president and CEO. “This event provides a significant marketing opportunity for our company and it will provide a forum for our customers to discuss and provide direction on how we can meet their current and future operational requirements.”
Representatives include “visionaries” from the military user community, requirements personnel, navigators, data producers and program staff from Australia, Canada, Denmark, New Zealand, Norway, Portugal, the United Kingdom and the United States.
The conference offers attendees the opportunity to:
• interact with the OSI Geospatial team and other ECPINS customers
• discuss ideas for future development of ECPINS and other OSI products
• share experiences about the implementation and use of ECPINS • discover OSI’s vision for the future of ECPINS and other products
Mr. Kirkpatrick went on to say, “We’ve created a unique opportunity for delegates to work in a collaborative environment where they can share their experiences in using our product and help guide the evolution of ECPINS from the operational perspective.”
Attendance at the Super-User Conference is restricted to NATO, AUSCANUKUS Navies and OSI Geospatial personnel.
ECPINS is OSI’s line of electronic chart navigation systems for commercial and military customers. ECPINS helps to reduce the risk of navigation-related incidents by giving bridge crews a precise, real-time display of their position, course and speed, against a background of fixed obstacles and other navigational hazards. It is an International Maritime Organization (IMO) approved Electronic Chart Display Integrated Systems (ECDIS) with installations worldwide.
OSI’s success in the military market is mainly credited to its ECPINS® full compliance with NATO’s Warship ECDIS Standards. It is the most advanced IMO ECDIS with full military functionality available today and is the standard by which military ECDIS is judged. As a result, ECPINS® has been selected as the fleet standard for the Royal Australian Navy, Canadian Navy, Royal British Navy, Royal New Zealand, Royal Danish Navy and Portuguese Navy. It is also used by the United States Navy and Royal Norwegian Navy.
About OSI Geospatial
OSI Geospatial Inc. delivers advanced systems and software to address the growing need for enhanced situational awareness in command, control, communications, and intelligence applications. By providing essential tactical and geospatial information, the company’s systems and software help decision-makers know the precise location of mission operations across all military forces while integrating information with allies. OSI Geospatial systems are in use by military, government, and commercial customers around the world. The company is publicly traded on the Toronto Stock Exchange (OSI) and the Over the Counter Bulletin Board (OSIIF). For additional information please visit www.osigeospatial.com.
Forward-Looking Statements
Certain statements made in this news release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934 and Section 138.4(9) of the Ontario Securities Act. These forward-looking statements are subject to risks and uncertainties. Actual results may differ from these projections. The risks associated with the Company's business include risks related to its reliance on international government contracts; the number of large customer transactions and the related lengthy sales cycles in executing those opportunities; uncertainties associated with competitive bidding processes and contract negotiations; actions by government authorities; the effects of general economic and political conditions; changing foreign exchange rates; and challenges related to the company's ability to introduce, develop and implement new products and enhancements to existing products that respond to customer requirements in a changing, complex, technological market. A complete discussion of the company’s risk factors is presented in the company’s most recent annual reports, filed with the United States Securities and Exchange Commission (“SEC”) and the Canadian Securities Administrators (“CSA”), as well as other periodic reports filed with the SEC and the CSA. The Company does not undertake any obligation to update the forward-looking statements.
Copyright © 2006 OSI Geospatial Inc. and its affiliated or related companies. ECPINS and COP-IDS are registered trademarks of Offshore Systems Ltd., 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.
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