GEOSPATIAL CORPORATION COMPLETES FIRST OF SEVERAL PROJECTS FOR MAJOR ENERGY PIPELINE COMPANY
Geospatial Corporation Expands Footprint in Energy Sector
Pittsburgh Pennsylvania – April 26, 2017– Geospatial Corporation (OTCQB Symbol “GSPH”) announces that the Company has completed its first underground pipeline mapping project for one of North America’s largest energy pipeline companies. The client owns over 70,000 miles of energy pipeline in the US and Canada.
Having been qualified as an approved service provider and with the successful completion of this initial project, Geospatial has been asked to complete 5 additional projects for the client and anticipates substantial additional opportunities across North America.
Mark Smith, Geospatial’s CEO stated, “As we work through the rigorous qualification process for each energy company and they are introduced to our mapping technologies and GeoUnderground, we anticipate a substantial growth opportunity in the energy sector.”
GeoUnderground, designed around the Google Maps API, is Geospatial’s cloud-based GIS platform that provides clients with a total solution to their underground and aboveground asset management needs. (www.GeoUnderground.com). Please feel free to download a free trial from this website. Geospatial is a Google Cloud – Technology Partner.
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 custom designed around the Google Maps API.
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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If you would like more information about this topic, please contact Troy Taggart or Mark Smith at 724-353-3400 or email at Info@GeospatialCorp.com.