EmerGeo Solutions Worldwide Inc.
TSX VENTURE : EMG

EmerGeo Solutions Worldwide Inc.

April 12, 2011 09:01 ET

EmerGeo Wins Crisis Management Software Tender with Global Bank

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 12, 2011) - EmerGeo Solutions Worldwide Inc. (TSX VENTURE:EMG), a leading provider of emergency management software, is pleased to announce that it has secured a €198,450 (~C$270,000) contract with a large global banking institution to implement its EmerGeo Fusionpoint and integrated mapping software.

The bank was looking to purchase a Crisis Management and Mapping tool that gives its internal operating groups and global partners a greater level of situation awareness and disaster response capability before during and after a crisis. The EmerGeo software was selected through an international competitive tender to find the best in class provider who offered the highest quality, timely and cost efficient services that meets with the bank's high standards and policies.

"We are extremely pleased to win this important contract and, more importantly, to begin working with a global leader in the banking industry," said Michael Morrow, President of EmerGeo Solutions. "Like our government and utilities customers, banks have to maintain a very high state of readiness to ensure quick and effective response and business resumption when disaster strikes. Situational awareness is not just about monitoring global events and the status of facilities on a real-time basis. It is also about understanding, and being alerted to, real or potential impacts on people and assets and having easy tools to effectively manage response activities and resources across multiple departments and stakeholders," explains Morrow.

EmerGeo has vast international crisis management and event experience, applying best practices and open technology solutions through work with a range of government and industry organizations around the world.

About EmerGeo

EmerGeo develops emergency management software solutions and provides consulting services and support to government and industry around the world. EmerGeo's Fusionpoint™ and emergency mapping applications are used to log, track and communicate critical information required by emergency and security personnel. By leveraging open web standards, EmerGeo's software brings together data from dispatch, crisis management, mapping, camera and other third-party systems, providing a common operating picture. EmerGeo's technology and people have been at the forefront of some of the world's largest disasters and are proven effective in helping government and industry to mitigate against, prepare for, respond to and recover from potential or actual incidents, natural disasters, acts of terrorism, or pre-planned events.

About the Client

The customer is one of the world's leading international financial services providers operating in 72 countries worldwide.

On behalf of the Board of Directors

EMERGEO SOLUTIONS WORLDWIDE INC.

Michael Morrow, President

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