SOURCE: GeoScopix, Inc.

May 01, 2007 16:05 ET

GeoScopix Enters Into Final Testing and Manufacturing Phase for The Gator

JACKSONVILLE, FL -- (MARKET WIRE) -- May 1, 2007 -- GeoScopix, Inc. (PINKSHEETS: GSPX) announced today that the company has moved into secondary testing and manufacturing for its patented "Gator," a Stereoscopic, GPS-based, geometric land assessment application. The Gator has been developed for applications in the disaster recovery, military surveillance, and construction industries.

The "Gator" uses a state of the art "stereo" camera system to take high resolution photographs. This information can be used to render a detailed 3-D picture of the photographed area. The 3-D photos can then be used to map relevant details such as elevation, distance, height, width and location. The expected launch date for the "Gator" is in the third quarter of 2007.

GeoScopix Senior Engineer, John Sarman, states, "This product was developed with the initial goal of monitoring and documenting natural disasters. The Gator is deployable in hazardous areas, such as hurricane zones. The GPS-enabled cameras will upload 3-D images and other relevant information to disaster control centers. This will give the authorities the ability to determine things such as the accessibility of roadways or the number of downed power lines." Sarman continues, "The most exciting aspect of our development is the range of uses for The Gator benefiting other government agencies and civilian industries including the Bureau of Land Management, The Army Corps of Engineers, The Department of Homeland Security, and others."

The "Gator" was developed at the University of North Florida by Dr. John Alexander who heads Research and Development for GeoScopix. A recently retired Distinguished Research Professor from the University of North Florida, Dr. Alexander leads the Electrical Engineers in the technology transfer and manufacturing process. He is also a founder of GeoAge, a geographic information emergency response software development firm, and the founder and Director of the Applied Global Systems Lab. He has also done consulting and professional presentations for corporations such as IBM, Motorola and IEEE Computer Society.

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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