OSI $1.3m Contract with Australian Navy

Maritime Activity Reports, Inc.

March 11, 2009

OSI Geospatial Inc. (TSX:OSI) announced that its International Systems Operations has signed a contract with the Australian Navy valued at approximately $1.3m. Under the terms of the contract, the company will provide a software upgrade and 12 months of software support.

OSI Geospatial Inc. delivers advanced geospatial systems and software that enable shared real-time situational awareness for military and security applications. OSI products and services enable customers to integrate and visualize live data with any combination of sensor data, imagery, maps and charts.

(www.osigeospatial.com)

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