Archive News

January 2006 - OSI Geospatial Awarded Royal New Zealand Navy 

OSI Geospatial Inc. (TSX: OSI; OTCBB: OSIIF) announced today that its international systems operations has been awarded a contract totaling approximately US$1.9 million by the Royal New Zealand Navy. Under the contract terms, OSI will provide the RNZN maintenance support including hardware and software updates, help desk and training services over a ten year period. The contract also establishes a set rate structure for customer directed engineering services to be provided on an as required basis.

"The Royal New Zealand Navy is an important customer and we are extremely pleased to be expanding our relationship to include long term systems maintenance and ongoing engineering services. We stand committed to supporting the Royal New Zealand Navy and look forward to a strong and healthy long term relationship," said Ken Kirkpatrick, president and CEO of OSI Geospatial.