OSI Signs Contract with DRDC to Deliver Counter-IED Training Solution

(Ottawa, Ontario, September 3, 2009) -- OSI Geospatial Inc. (TSX:OSI) ("OSI") announced yesterday that it has signed a contract valued at approximately $600K with Defence Research and Development Canada (DRDC), an agency of the Canadian Department of National Defense. Under the terms of this contract, the company will deliver a prototype Counter-Improvised Explosive Device (IED) Immersive Training Environment (CIITE) system utilizing OSI's iGEN(TM) Cognitive Synthetic Agents that will assist Canadian Forces to recognize, react to and defeat situations where an IED danger exists.

"This is our first R&D contract with DRDC and we are pleased to be involved in such an important program," said Ken Kirkpatrick, president and CEO of OSI Geospatial. "I am confident that this project will be a success and lead to future business for the company. We are also pleased to be expanding our advanced research and development customer base."

Source : OSI Geospatial