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OSI Geospatial Inc.

10:00 AM EST - OSI Geospatial Inc. : announced that its U.S. Systems Operations signed research and development contracts worth approximately US$1.7 million. Under the terms of these contracts, the company will provide leading edge technology research and development for U.S. military organizations. OSI Geospatial Inc. shares T.OSI are trading unchanged at $0.23.