Monday, June 28, 2010

PCI Geomatics Signs Comprehensive Technology License Agreement with Rolta

Richmond Hill, Ontario – June 28, 2010: PCI Geomatics, a world leading developer of geo-imaging software and systems, is pleased to announce it has signed an extended technology license agreement with Rolta India Limited. Under the terms of the agreement, Rolta will develop geo-imaging products and solutions using core PCI Geomatics/Rolta technologies for release to the global market. Using PCI’s advanced geo-imaging technology, Rolta will now be able to offer world-class products and solutions for processing satellite imagery in areas such as environmental modeling, forestry and natural resources, emergency planning and management, agriculture, security and defense.

Mr. K.K. Singh, Chairman and CEO of Rolta said, “This strategic and comprehensive technology partnership with PCI Geomatics is an important milestone in the evolution of Rolta as a major global player in the geospatial technology space. This will enable us to offer world-class end-to-end solutions to our customers globally for applications in mapping and earth sciences, and to provide enterprise-level integration of their organizations’ spatial and non-spatial data through Rolta GeospatialFusionTM.”

The agreement also includes ongoing collaboration for PCI Geomatics expertise, which will facilitate Rolta to jump-start development of additional state-of-the-art imaging solutions that will augment its portfolio of offerings in the geospatial space, further strengthening Rolta’s solid reputation in this field worldwide.

“PCI Geomatics is pleased with our relationship with Rolta and this latest agreement further extends our partnership,” said Terry Moloney, Interim President and CEO, PCI Geomatics. “This agreement is beneficial to both parties for it leverages each other’s expertise as well as market knowledge and reach. In combination with PCI’s cutting-edge technologies, Rolta’s solutions will provide unique opportunities to customers world-wide to better exploit modern imaging applications.”


About PCI Geomatics

PCI Geomatics is a world leading developer of software and 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 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.

Geomatica, GeoImaging Accelerator and GeoConference are trademarks or registered trademarks of PCI Geomatics.

For more information, visit http://www.pcigeomatics.com/.

About Rolta

Rolta is an Indian multinational organization that has executed projects in over 40 countries. Rolta serves these markets by providing innovative solutions in Enterprise Geospatial Information Solutions (EGIS), Defense & Homeland Security; Enterprise Design & Operations Solutions (EDOS); and Enterprise Information Technology Solutions (EITS). Rolta, through its joint venture with the Shaw Group Inc. USA – Shaw Rolta Ltd. – provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta provides state-of-the-art C4ISTAR information systems, Military Communications, Digital Soldier and Vehicle System solutions, covering the entire “sensor to shooter” chain based on Rolta IP, which is integrated with high-end technology sourced from world leaders like - Thales through our Joint Venture, Rolta Thales Limited. Rolta, headquartered in Mumbai, employs over 4500 professionals with countrywide infrastructure and international subsidiaries across the globe. The Company has benchmarked its quality processes with the world's best quality standards. Rolta is accredited with the prestigious BSI ISO/IEC 27001:2005 certification, the ultimate benchmark for information security; the BSI ISO/IEC 20000-1:2005 IT Service Management Standard; and the Company has been assessed at Maturity Level 5 of the Capability Maturity Model Integrated CMMI SW version 1.1 in 2006. The Company is now engaged in upgrading to Maturity Level 5 of version 1.2. Forbes Global has ranked Rolta amongst the "Best 200 under a Billion" for four times in six years. Rolta has been included in the S&P Global Challengers ListTM 2008, by Standard & Poor’s. This List identifies 300 mid-size companies worldwide that have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth. Rolta was ranked at the #1 position in Human Relations (HR), and at the 3rd position in overall ranking in the 2009 DATAQUEST survey of Best Employers in the IT sector. The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The Company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.

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Press Contact
Alysia Vetter
Marketing Communications Manager
Tel: 819-770-0022, Ext. 233
Fax: 819-770-0098
Email: vetter@pcigeomatics.com
Web: http://www.pcigeomatics.com/