FOR IMMEDIATE RELEASE
OSI Geospatial to Present at the Rodman & Renshaw Investor Conference on June 19
Vancouver, Canada
- OSI Geospatial Inc. (TSX: OSI; OTCBB: OSIIF) announced today it will present at the Rodman & Renshaw Third Annual Security, Biodefense & Connectivity Investor Conference being held at the St. Regis Hotel in New York City, New York, on Monday, June 19, 2006, at 12:45 p.m. ET. Speaking from management will be Andrew Carniel, vice president, corporate development. The presentation will be webcast live on the investor homepage of the company’s website at www.osigeospatial.com. For those unable to listen to the live broadcast, a replay of the presentation will be available for a period of 90 days after the live presentation.
OSI Geospatial provides fast, flexible, open and precise technology for military and commercial applications worldwide. The company’s systems and products strengthen decision support at the strategic, operational and tactical level. The investor presentation will feature investment highlights, including:
Focusing on Growth
OSI Geospatial is focused on gaining market access, building critical mass, broadening its product line, and expanding its strategic partnerships. In May, OSI Geospatial was awarded a significant U.S. Navy contract by L-3 Communications Marine Systems for the development and integration of its Common Operational Picture product for a U.S. Navy program. This development marked an important company milestone and the contract value exceeded the total of all contracts awarded by the U.S. Navy in the company’s 20-year history.
Emerging Market Leader
OSI Geospatial is emerging as a leading provider of software and systems for situational awareness in command, control, communications, and intelligence applications. With its proven “Best of Breed” technology, the company continues to expand its top-tier list of military, government and commercial customers and is working with some of the industry’s biggest and best names, including BAE Systems, General Dynamics, Kelvin Hughes, Lockheed Martin, Northrop Grumman, and Raytheon.
Well Positioned in Large, High Priority Markets
OSI Geospatial addresses large and fast-growing parts of the defense, commercial, and homeland security markets, which generates an estimated US$1.1 billion of annual spending and is at the earlier stages of market maturity. The company’s systems and software address critical issues – the need for enhanced situational awareness, interoperability, and network-enabled operations.
Parties interested in scheduling one-on-one meetings with Mr. Carniel are invited to contact Lily Khaykina at (212) 356-0529.
The company also announced it will present at the C.E. Unterberg, Towbin Emerging Growth Conference, which is being held July 11-12, 2006 in New York City. The company will provide additional details when available.
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
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 harbor’ 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 actual results to be materially different from the results implied herein. OSI Geospatial can give no assurances that its representations will be achieved or that it will update them at any time in the future.
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