Australian Navy picks OSI for navigation systems

VANCOUVER, British Columbia, 15 Nov. 2005. Offshore Systems International Ltd. (OSI) has been awarded a $1.2 million contract to supply the Royal Australian Navy with immediate delivery of OSI's most advanced electronic warship navigation systems ('WECDIS').

VANCOUVER, British Columbia, 15 Nov. 2005. Offshore Systems International Ltd. (OSI) has been awarded a $1.2 million contract to supply the Royal Australian Navy with immediate delivery of OSI's most advanced electronic warship navigation systems ('WECDIS').

This is a follow-on order to the $8 million subcontract OSI signed with its teaming partner, Nautronix, in March 2004, when OSI became fleet supplier to the Royal Australian Navy for electronic chart navigation systems.

"This is another demonstration of the revenue potential of follow-on business with key customers," said Ken Kirkpatrick, President and CEO of OSI. "In the last month alone, we have secured approximately $2.5 million in additional orders from the Royal Australian Navy; a clear indication of the power of having satisfied customers."

Offshore Systems International Ltd. (OSI) makes geographic-intelligence software, systems and data products mainly for large government and civilian customers. The company operates three business units: OSI Navigation Systems (moving-map display systems and software for naval surface ships and submarines); OSI Applications (network-based map and target display software and services for national defence and homeland security) and Mapcon Mapping (digital land mapping and marine charting services for civilian customers). For more information, see www.osil.com.

More in Home