SOURCE: Geospatial Corporation

Paulette Duderstadt

January 05, 2015 10:40 ET

Geospatial Corporation Kicks Off Uber-Like Pipeline Mapping Model

New Software Links Salesforce.com API and GeoUnderground -- Positioning Geospatial to Enlist a Vast Network of Data Acquisition Service Providers Across the US

PITTSBURGH, PA--(Marketwired - January 05, 2015) - Geospatial Corporation (OTC PINK: GSPH) announced today that the Company has launched its Strategic Service Provider ("SSP") platform "kicking off" our national "go-to-market" initiative with proprietary new software and a model similar in many respects to the successful car service provider Uber.

Geospatial's SSP Program enables established service providers access to each of Geospatial's data acquisition technologies in addition to participation in our national and regionally targeted marketing and direct sales programs. In addition, Geospatial will provide, as required, operational assistance, project management services, pre-sales assistance, training on our data acquisition technologies, as well as access to and training on GeoUnderground.

Coupling the Salesforce.com API with GeoUnderground provides a "geo-referenced" view of the SSPs market areas and allows Geospatial to better organize and manage the relationships between the Company and our SSPs online via GeoUnderground.

Geospatial's SSP platform layered on GeoUnderground, our secure, mobile, enterprise strength, location-based infrastructure management system, provides a powerful technology platform, enabling the Company to systematically establish operation centers in major cities, first across the US and then globally. Each operation center will provide our Strategic Service Provider Partners access to Geospatial's data acquisition technologies, national sales and marketing services, national branding, training, and access to GeoUnderground via our economical Software as a Service ("SaaS") monthly subscription model. Engineers, contractors, GIS professionals and utility employees in the field, among others, can easily collaborate and securely share data with colleagues located anywhere in the world without the need for expensive hardware, software or trained development engineers.

Mark Smith, Geospatial's CEO stated, "With well over 3 million miles of underground pipeline infrastructure yet to be accurately mapped, Geospatial's SSP program will seek to enlist a substantial portion of the 60,000-plus service companies currently collecting various types of infrastructure data. Ideal candidates are existing surveyors, engineers, private utility locating companies, various pipeline inspection companies and a vast assortment of specialized channel partners."

About Geospatial Corporation

Geospatial Corporation utilizes integrated technologies to determine the accurate location and position of underground pipelines, conduits and other underground infrastructure data allowing Geospatial to create accurate three-dimensional (3D) digital maps and models of underground infrastructure much like Navteq (now "Here.com"), Google and others have created digital maps of the world's above-ground infrastructure. Our website is www.GeospatialCorporation.com. The Company manages this critical infrastructure data on its Cloud-Based GIS Portal called GeoUnderground, our proprietary GIS platform custom designed around the Google Maps API and Google Maps Engine. (www.GeoUnderground.com).

About GeoUnderground

GeoUnderground is the company's powerful cloud-based geographic information system (GIS) constructed around Google Maps Engine and the Google Maps API. GeoUnderground enables users to securely gather, share, view and edit all types of geo-referenced information from the field with their laptop, tablet or phone. Engineers, contractors and utility employees in the field can easily collaborate and share data with colleagues located anywhere in the world without the need for expensive hardware, software or trained GIS technicians. 

Licensed users, for the first time, have available a suite of technologies allowing them to collect data and create highly accurate 3D maps and models of both above-ground and below-ground pipeline infrastructure and view and share this valuable information in a secure manner with their peers and associates through a conventional browser via the Cloud.

Forward looking statements

This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements, if any, are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company's news releases and/or its filings or as a result of other factors.

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