Thursday, September 10, 2009

PCI Geomatics receives $1,500,000 investment from The Fonds régional de solidarité FTQ Outaouais

Gatineau, Quebec – September 10, 2009: The Fonds régional de solidarité FTQ Outaouais has finalized a $1 500 000 investment in PCI Geomatics Enterprise Inc. (PCI Geomatics) to aid in fostering PCI’s international growth and presence. This is the first time that the Fonds régional de solidarité has invested in PCI Geomatics, which is a world leading developer of geo-imaging software and systems.

PCI Geomatics takes pride in its 27+ year history of providing geo-imaging software and solutions to more than 135 countries world wide. Its technology enables users to apply satellite imagery to support a wide variety of applications including the environment, agriculture, security and intelligence and aerospace and defense industries.

"We look forward to expanding our relationship with the Fonds régional de solidarité FTQ Outaouais as we use these proceeds to accelerate our world wide growth," said Dr. Robert Moses, President and CEO, PCI Geomatics. "Geospatial technology has been identified as a key economic driver this century and our award winning software and solutions will continue to provide geo-imaging knowledge and technology to help sustain our planet."

Ms. Édith Gaudet, Director of the Fonds régional de solidarité FTQ Outaouais is very proud to have gained the trust of entrepreneurs in the region and she is proud to help contribute to the region’s economic development. She supports PCI by saying, "The team at PCI Geomatics has shown great dynamism and understanding of sector issues which has allowed them to rank among the world leaders in the industry." "We have followed the company’s evolution in recent years and are particularly proud to note the excellent reputation it has within its field of activity and its steady growth throughout these past years, " said Stephane Poirier Defoy, Investment Adviser to the Fonds régional de solidarité FTQ Outaouais.

About the Fonds régionaux

Since their establishment in 1996, the 16 Fonds régional FTQ have participated actively in economic development in each region of Quebec. As of June 30, 2009, the Fonds régionaux’s portfolio regrouped 295 investment business partners for a total worth of approximately $176 million in projects totaling $664 million, bringing the number of jobs created and maintained to over 13 831. The Fonds régional contributes, in the form of equity, loans and investments of up to $2 million dollars. These contributions are primarily awarded to growing businesses and organizations that are planning to commercialize a product or that are planning an acquisition or merger.

About PCI Geomatics

PCI Geomatics is a world leading developer of hardware/software systems for geo-imaging solutions. Since 1982, we have specialized in remote sensing, digital photogrammetry, spatial analysis, cartographic production, automated production systems, image management and on demand mapping solutions. PCI Geomatics’ advanced hardware/software systems address a wide variety of industry applications including the environment, agriculture, security and intelligence, aerospace & defense, and satellite receiving stations. We have the expertise and know-how to turn images into useful information.

For more information, visit

Press Contacts

Guylaine Fortin
Coordonnatrice des communications
Fonds régionaux de solidarité FTQ
Tel: (514) 383-2548

Alysia Vetter
Marketing Manager
PCI Geomatics
Tel: 819-770-0022, Ext. 233