SOURCE: GeoScopix, Inc.

June 06, 2007 09:15 ET

GeoScopix Contracts Tetracam to Begin Manufacturing and Engineering the Gator

JACKSONVILLE, FL--(Marketwire - June 6, 2007) - GeoScopix, Inc. (PINKSHEETS: GSPX) announced today that Tetracam, Inc. has been contracted to begin the process of further developing, manufacturing and engineering the Gator, a portable measuring instrument with the ability to accurately identify the GPS coordinate of a subject and return the coordinate and a captured stereo image for mapping or measuring purposes. A four phase program has been devised which will guide engineers in the process of manufacturing the Gator from prototype construction through full production. Dr. John Alexander, the original inventor of the technology, will be spearheading the design and engineering of the final product.

Tetracam is a firm based in Chatsworth, California that designs digital camera systems and software for specialized applications. In addition to designing systems, Tetracam also offers full prototype development and pilot production services and will customize systems to suit the requests of their clients. Tetracam engineers have over 60 years of experience in digital camera and imaging software design. (Source: www.tetracam.com).

The "Gator" uses a state of the art "stereo" camera system to take high resolution photographs. The 3-D photos can then be used to map relevant details such as elevation, distance, height, width and location. Some of the market segments that the Gator is geared towards are disaster recovery, military surveillance, construction, first responders, police, crime scene investigation teams, insurance companies and others. Specific agencies that would find this technology especially useful include the Army Corps of Engineers, the Bureau of Land Management and the Department of Homeland Security / FEMA. The University of Florida holds the patent for the Gator, while GeoScopix has the exclusive worldwide rights to its development and manufacturing.

Gunther Than, President of GeoScopix, states, "Our collaboration with Tetracam is a significant step towards the Gator's debut in the marketplace. Tetracam's carefully planned strategy to build these complex units while allowing for specific market driven modifications upon request is in accord with my plans for the system. I am confident that Tetracam's well-trained, experienced staff will do an excellent job in bringing our planned prototype to life."

About GeoScopix

GeoScopix is a state of the art technology company based in Jacksonville, FL. The company was formed with the goal of discovering, nurturing, and selling innovative new technologies. The company's founders have decades of experience running high tech firms and dealing with challenges facing emerging technologies. The company currently has one product developed and is currently expanding its manufacturing capability to adjust to expected demand. GeoScopix, Inc. specializes in development and marketing of integrated GPS stereo camera products (GPS Stereoscopic) for applications in insurance, emergency management, and first response markets.

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