Optimal Geomatics Inc.
TSX VENTURE : OPG

Optimal Geomatics Inc.

August 29, 2005 09:00 ET

Optimal Geomatics 2005 Second Quarter Results Teleconference; September 1st, 2005 at 8:00AM PST '11:00AM EST'

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 29, 2005) - Optimal Geomatics Inc., (TSX VENTURE:OPG) ("Optimal") a geomatics service and software provider to the power line and pipeline utility sector will be holding a teleconference on September 1st, 2005 at 8:00am Pacific Standard time, 11:00am Eastern Standard time and 4:00pm Greenwich time to discuss the financial results for the 2005 third quarter, hosted by Colum Caldwell, President and Chief Executive Officer.

The Company would like to extend an invitation to all interested parties to participate in the teleconference by dialing 604-899-1159 for Vancouver callers or 416-883-0139 for callers outside Vancouver, then dial pass code 66491#, approximately five minutes before the call is scheduled to begin. A recording for the conference call will be available following the call until September 16th, 2005 by going to www.optimalgeo.com.

Optimal Geomatics specializes in providing highly accurate geomatic services and software to a customer-base, which is primarily composed of Electric powerline and Gas pipeline utilities. Geomatics is best described as the acquisition, storage, management, retrieval, manipulation, and distribution of spatial or geographically reference data. Optimal employs a number of acquisition systems, including its proprietary technology, for aerial data acquisition, and applies innovative technology, techniques, and expertise for in-house processing. The Company's unique mapping products and services help utilities reduce cost, improve efficiency, and better-manage their assets by turning raw data into highly valuable geospatial information and engineering reports. Optimal's customers include many of the major utilities across the United States and the United Kingdom.

This document may contain forward-looking statements. These statements present management's expectations, beliefs, plans, and objectives regarding future events and conditions and, as such, involve inherent risks and uncertainties. Actual results could be significantly different from those projected.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this new release.

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