PCI Geomatics Signs Memorandum of Understanding with Hansa Luftbild for Collaboration on Image-Centric Opportunities

Richmond Hill, Ontario – October 14, 2004: PCI Geomatics announces that it has signed a Memorandum of Understanding with Hansa Luftbild Consulting International GmbH of Muenster, Germany that outlines terms of collaboration for identifying and pursuing Image-Centric opportunities.

“Our association with Hansa Luftbild is indication of our commitment to partner with the best and brightest suppliers in the area of image-centric geospatial solutions,” said Dr. Robert Moses, president of PCI Geomatics. “We believe this is the beginning of a successful, long term relationship between our two companies,” he added.

“We are looking forward to our business alliance with PCI Geomatics,” said Dr. Axel Nawrocki, CEO of Hansa Luftbild. “Starting this cooperation further underpins our corporate strategy to liaise with partners worldwide who are committed to excellence and complement our own professional services.”

Under the terms of the memorandum, the focus markets will be urban & regional planning and environmental modeling. Areas of cooperation include: joint marketing, joint business development, know-how transfer and skills development, and joint development of solution/application portfolio.

More about Hansa Luftbild Consulting International GmbH

Hansa Luftbild Consulting International is part of Hansa Luftbild - German Air Surveys-, one of Europe's leading group of companies in the field of aerial surveying and Geographic Information Systems (GIS). The range of worldwide activities includes photo interpretation, remote sensing and environmental studies, airborne geophysics and exploration work, as well as data processing, software development, digital cartography along with related consultancy services.

About PCI Geomatics

Founded in 1982, PCI Geomatics is a leading developer of image-centric geospatial solutions that allow customers to analyze and extract intelligence from satellite imagery, aerial photos and other geospatial data. PCI Geomatics has a complete range of offerings including Packaged Software, OEM, Professional Services and Enterprise Systems. The Company sells direct and through an international reseller network.

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Press Contact
Tricia McIntosh
Marketing Coordinator
Tel:  (905) 764-0614, Ext. 2217
Fax: (905) 764-9604
Email:  mcintosh@pcigeomatics.com
Web: www.pcigeomatics.com