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Geospatial Systems, Inc.

1. What is Geospatial Systems, Inc.?

Geospatial Systems, Inc. (GSI), a Rochester, NY-based company, designs and produces electro-optical, infrared and radar sensor products and solutions for the commercial, security and defense markets. GSI’s TerraPix, which includes a range of metric sensors (e.g., full-frame, interline, multi-spectral and thermal IR sensors), is a common platform for custom solutions tailored to the airborne survey and mapping, asset management, and tactical intelligence surveillance and reconnaissance (ISR) markets.

TerraPix systems are based on the concept of modular building blocks that can be customized to meet the specific needs of each client. This approach was adopted to address the growing demand from customers for systems that could provide reliable high-resolution capabilities for airborne environments without the downside of added weight and high costs. The systems integrate with other pre-existing user programs, which allows customers to keep costs down by obviating their need to purchase additional compatible programs.

Recently, the Rochester Institute of Technology (RIT) was tasked with providing detailed images of the disaster areas in Haiti. Funded by the World Bank, RIT's Wildfire Airborne Sensing Program (WASP) camera system was tasked by multiagency government and NGO organizations to fly the most devastated areas of Haiti. For seven straight days, RIT and Kucera International flew the WASP system in combination with LIDAR over Port au Prince and surrounding areas, collecting tens of thousands of high-resolution images of over 250 square miles.

Donald M. McKeown, RIT’s Project Manager, said, “The imagery captured by the GSI sensor is one of the highest-quality datasets, according to the users, and the sensor performed flawlessly, enabling the collection of over 1 TB of imagery data co-registered with LIDAR data in a very short period of time. This enabled the rapid production of accurate 3D maps to help first responders, rescue teams and military and civilian aid groups. Our imagery is now being shared across the disaster response community.”

In 2009, working with the Center for Emerging & Innovative Sciences (CEIS), RIT received funding from the New York State Foundation for Science, Technology and Innovation (NYSTAR) to integrate GSI’s KCM-11 Metric Camera with the existing WASP camera system for a program called Airborne Sensing System for Near-Real-Time Emergency Response to support emergency response demonstration flights for Monroe County. The expectations for "demonstration" emergency response flights turned into an actual operational emergency scenario when called upon by the World Bank to support response efforts in Haiti.

2. How was Geospatial Systems created? Can you describe the relationships and collaborative efforts that were involved in bringing the technology to market?

Geospatial Systems, Inc. was created in 2005 through the merger of Pixel Physics, Inc. and Analux, Inc. Pixel Physics began in 1999 as an R&D company in Rochester, and their customers included Bausch & Lomb, Vistakon, Xenogen and Applanix, a leading provider of airborne navigation and imaging systems. After delivering over 120 medium-format camera systems to Applanix, GSI designed a next-generation medium-format system with features specifically designed for airborne applications, such as kinematic mounts, athermal metric lenses and field replaceable shutter. This was just the right fit for Leica Geosystems AG (Leica), who needed a frame camera to pair with its leading ALS line of LIDAR sensors.

We then proceeded to manufacture the systems for Leica under an exclusive arrangement for the commercial market. During the same period, GSI acquired the exclusive manufacturing rights to the well-known and accepted Duncantech 3CCD multi-spectral camera. The MS-4100 and its predecessors have enjoyed broad acceptance as a high-quality, multi-spectral camera product for use in a range of specialized applications requiring true multi-spectral capabilities and performance. GSI has since extended several new 3-, 4- and 5-band configurations, and also introduced the KCM-MS, which provides all the traditional benefits in a configuration more suited for delivering improved metric performance for airborne applications. Also, key to our TerraPix offering is our DGX Framework, which is now available as a new release with support for the multi-spectral and thermal infrared camera modules and, most importantly, has an extensible architecture and is portable to FPGA and DSP technology.

3. Would you briefly describe Geospatial Systems’ business plan?

GSI’s plan, moving forward, will include growth in three primary areas: 1) expanding on its success in the commercial airborne survey and mapping market by serving additional OEM customers and providing turnkey solutions directly to end-users for airborne survey and mapping; 2) continued development of major opportunities in the rapid-growing market for Intelligence Surveillance and Reconnaissance (ISR) solutions, which leverage GSI’s core engineering, manufacturing and systems capabilities; and 3) extending GSI’s reach in the overall value chain of EO/IR systems, including electronics integration and image processing for next-generation systems in our key markets of mapping and ISR, but also in markets for industrial and scientific applications.

4. What is the current status of Geospatial Systems?

In the past year, GSI has been making excellent progress on all three fronts, and we expect continued progress in each throughout 2011. For example, GSI recently entered into an exclusive distribution agreement for its multi-spectral camera product with Sprint Scientific Co., Ltd., which allows its products to be used in the People’s Republic of China; and additional distribution agreements are forthcoming for other key regions of the world. Also, during the last year, we delivered our first multi-sensor TerraPix configuration, which included our multi-spectral and thermal infrared camera modules with our TerraPix DGX Control Framework, which provides camera control, integration with Inertial Navigation Systems, and image pre-processing capabilities. There are several other wins that will be announced over the next quarter, which demonstrate continued progress towards our plan. Finally, we continue to look for the right opportunities for our QUPID Ultra-Wide-Band Radar sensor technology for perimeter intrusion detection applications.

5. Who is on the Geospatial Systems team?

CEO, Maxime Elbaz
CTO, Kevin Kearney
VP Engineering, William Kent
VP Operations, Randy Olson
Acting CFO, Laurel Purdy
Director Sales & Marketing, Barry Cross

For more information about Geospatial Systems, Inc., please visit http://www.geospatialsystems.com/ or call 585-259-5277.