Optech and Cardinal Systems Announce Joint Initiative

Toronto, Canada, June 10, 2011

Optech Incorporated, the world’s leading manufacturer of advanced lidar, aerial digital camera and survey instruments, and Cardinal Systems, producer of the Vr Mapping software, are pleased to announce a joint development initiative covering Cardinal's VR suite of photogrammetric and lidar processing products. Under the terms of the agreement Optech and Cardinal Systems agree to jointly enhance existing software and develop new software solutions for Optech’s industry-leading line of imaging products, including Optech’s new line of multispectral and interline frame cameras.

“This is a synergistic partnership. Cardinal’s cutting-edge information extraction software is very complementary to Optech's world-class line of imaging and lidar sensors. We are excited about the possibilities,” said Don Carswell, CEO of Optech Incorporated.

“Both Optech and Cardinal's traditional and emerging markets create common software goals that make this a unique opportunity. These are extraordinary times and we look forward to the implementation of these goals. Optech is one of the most highly respected and accomplished companies in the industry, and we are privileged to work with them," said Mike Kitaif, Manager of Software Development for Cardinal Systems. "We believe this collaboration will augment our concentration on the development of leading-edge technology for our clients in the geospatial community."

About Optech Incorporated
Optech is the world leader in the development, manufacture and support of advanced lidar and imaging-based survey instruments. With operations and staff worldwide, Optech offers both standalone and fully integrated lidar and camera solutions in airborne terrestrial mapping, airborne laser bathymetry, mobile mapping, mine cavity monitoring, and industrial process control, as well as space-proven sensors.

About Cardinal Systems, LLC
Cardinal Systems, LLC is a provider of software solutions for use in the geospatial industry. With a long and successful history of developing photogrammetric and mapping solutions, Cardinal Systems continues to provide the most powerful, pragmatic mapping tools available today. Cardinal’s corporate mission is to aggressively maintain its financial investment in software development while keeping abreast of its clients’ needs through superior service and response. Cardinal continues to develop a suite of programs that interact and perform virtually all software functions required in a rapidly changing market.

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