OSI Geospatial announces the opening of a UK Branch Office

OSI Geospatial Inc. (TSX Venture: OSI) is pleased to announce that it has established a Branch Office in the United Kingdom. The UK Royal Navy ("RN") is a significant customer and currently has OSI's tactical navigation software and systems installed across 75 platforms including submarines. The RN has been using OSI's systems since 2004 and the technology will soon be deployed into the Astute Class submarine. "OSI is extremely pleased to announce the opening of a facility in the UK", said Walter Purio, President and CEO. "This investment, through the establishment of a permanent footprint in the UK, demonstrates our long-term commitment to the UK MoD's current and future programs and also demonstrates our commitment to other potential markets in the UK and Europe." "The UK facility has been established to provide direct support to a number of existing programmes", said Jon Nicholson, Director Operations. "The UK Operation located in Portsmouth will be an extension of our existing facility in Vancouver and will carry out the day-to-day management of our Through Life Support solution to the RN. Additionally we will be better placed geographically to service our customers on the near continent in both existing contracts as well as current and future sales initiatives."

Source: OSI Geospatial Inc.
Date: Mar 24, 2011