|
OSI's world-leading software drives Royal Navy's electronic chart system; "WECDIS" recognized by the RN and other NATO allies as the most advanced navigation system globally
Vancouver, Canada -- Offshore Systems International Ltd.'s (TSX: OSI/ OTCBB: OFSYF) software is the power behind the electronic chart navigation system that is transforming shipboard navigation for the Royal Navy since the days of Lord Nelson.
Recognized by the Royal Navy as "the world's most advanced electronic chart system," it is being installed on a broad range of submarine and surface vessels across the Royal Navy fleet, and the navies of Australia, Canada, Denmark, Portugal and New Zealand. OSI's ECPINS® (Electronic Chart Precise Integrated Navigation System) product is also the system and software of choice for the US Coast Guard, Canadian Coast Guard and Teekay Shipping.
"The Royal Navy is a pivotal customer for OSI," said John Jacobson, President and CEO. "At this special event honouring Admiral Lord Nelson and celebrating the Royal Navy's history and achievements, we want to congratulate them for their significant contribution; they truly are a leading maritime force globally."
Jacobson said the Royal Navy has been instrumental in OSI's development of "WECDIS" software, which is its most advanced system for warships, and along with WECDIS prime contractor Lockheed Martin UK, the WECDIS team is pioneering highly specialized applications for submarines. "Since they became a customer in January 2004, the Royal Navy have moved rapidly to equip their fleet with the latest navigation technology globally," said Jacobson. "They have helped raise the bar in electronic chart navigation software, and we've been pleased to partner with Lockheed Martin to provide the Royal Navy with increasingly sophisticated functionality for their requirements."
Jacobson applauded the Navy for their foresight, as most navies around the world are just beginning the conversion from traditional paper charts to electronic chart navigation. "As the Royal Navy recognizes, WECDIS is a revolutionary step forward, completely transforming navigation capability. We look forward as fleet supplier with our partners to continuing our long-term relationship with the Royal Navy to support their modernization."
Notes to Editors
- Offshore Systems International is part of a teaming arrangement for the Royal Navy's WECDIS. Partners include Lockheed Martin UK (prime contractor and systems integrator), Kelvin Hughes (hardware and tactical displays) and Babcock Defence and Technology (installation).
- OSI will host a WECDIS demonstration and presentation at Horizons located at the "Action Stations" Display, Portsmouth Historic Dockyard, on June 27 from 1200 to 1330 (lunch provided) and June 29 from 1400 to 1530 (lunch provided). All media are invited to attend. OSI will host an Open House at Horizons to discuss its products and their applications from 1100 to 1630 on June 27 and 1000 to 1630 on June 29.
- Several vessels in the IFR are equipped with OSI's world-leading electronic chart navigation system and software, including the WECDIS, on board the Royal Navy's HMS Illustrious, HMS Westminster, and HMS Nottingham, and the SHINNADS, on board the Canadian Navy's HMCS Montreal.
- OSI is the dominant supplier to NATO and its close allies for electronic chart navigation systems and software. Its ECPINS® product is installed or under contract for installation on more than 340 warships globally.
About Offshore Systems International Limited
Offshore Systems International Ltd. (OSI) makes computer-based geospatial intelligence software, systems and data products mainly for large government and civilian customers. The company has three business units: OSI Navigation Systems (moving map display systems and software for naval surface ships and submarines), OSI Applications (network-based map and target display software and services for national defence) and Mapcon Mapping (digital map data production services for civilian customers). OSI’s common shares are listed for trading on the Toronto Stock Exchange (TSX: OSI) and the OTC Bulletin Board (OTCBB: OFSYF). Visit OSI’s website at www.osil.com for more information and the latest Company updates.
Forward-Looking Statements
This news release contains items that constitute forward-looking statements within the meaning of securities laws including Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. These statements are made under the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995 and, as such, involve known and unknown risks and uncertainties and other factors that may cause the actualresults to be materially different from the results implied herein. Offshore Systems International can give no assurances that its representations will be achieved or that it will update them at any time in the future.
|
