PITTSBURGH – May 21, 2015 — (OTC Pink: GSPH), Geospatial Corporation announced plans to formally launch GeoUnderground our secure, mobile, enterprise strength GIS software platform sold in an affordable SaaS format. Unlike most current GIS software, GeoUnderground eliminates all upfront software and set-up fees and replaces them with an economical monthly subscription model. A free 14-day trial subscription of the software can be downloaded at www.GeoUnderground.com. Also available in the application is a detailed interactive tutorial showing the benefits and full functionality of GeoUnderground.
While Geospatial is constantly developing upgrades, additions and modifications to GeoUnderground, users now have the ability to easily import KML, KMZ and most types of DWG files seamlessly into GeoUnderground. KML stands for Keyhole Markup Language and is an XML file used to display geographic data in a mapping browser. KMZ stands for Keyhole Markup Language Zipped and is a compressed version of KML. GeoUnderground has the ability to import DWG files created with AutoCAD and contain spatial reference information.
Mark Smith, Geospatial’s CEO stated, “Our IT Group has done an excellent job developing GeoUnderground and we’re now ready to implement a national multi-pronged go to market strategy encompassing direct sales, resellers and channel partners. We feel that GeoUnderground’s versatility and ease of use along with a revolutionary Software-as-a-Service (SaaS) low monthly subscription model will result in wide acceptance by engineers, contractors, utilities, municipalities and other government agencies globally.”
About Geospatial Corporation
Geospatial Corporation utilizes integrated technologies to determine the accurate location and position of underground pipelines, conduits and other underground infrastructure data allowing Geospatial to create accurate three-dimensional (3D) digital maps and models of underground infrastructure. Our website is www.GeospatialCorporation.com. The Company manages this critical infrastructure data on its Cloud-Based GIS Portal called GeoUnderground, our proprietary GIS platform (www.GeoUnderground.com).
Licensed users, for the first time, have available a suite of technologies allowing them to collect data and create highly accurate 3D maps and models of both above-ground and below-ground infrastructure and view and share this valuable information in a secure manner with their peers and associates anywhere in the world through a conventional browser via the Cloud.
Geospatial provides integrated data acquisition technologies that accurately locate and map underground and above ground infrastructure assets such as pipelines and surface features via its GeoUnderground Cloud-Based Portal.
Forward looking statements
This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements, if any, are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company’s news releases and/or its filings or as a result of other factors.
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