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OSI Geospatial Signs Coast Guard Contract

Maritime Activity Reports, Inc.

October 3, 2008

OSI Geospatial Inc. announced that its U.S. Systems Operations has signed a contract valued at approximately U.S. $1m with the United States Coast Guard (USCG). Under the terms of the contract, the company will provide a hardware upgrade to the ECPINS Navigation Systems installed on the USCG Buoy Tender Fleet. The work is estimated to be completed in the next three months.

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