exactEarth Wins Significant Renewal Contract

Cambridge, ON- May 3 2012 -- exactEarth Ltd., the leading provider of satellite AIS data services for global vessel tracking and monitoring today announced that the Canadian Government has awarded it a new multi-year contract for its exactAIS® data service. The initial $4.59M order received under this new contract renews the current annual subscription and includes a licence for data usage throughout the whole of the Canadian Government.

exactAIS is already widely used by the Marine Security Operations Centre which consists of multiple departments and agencies consisting of the Department of National Defence, Transport Canada, the RCMP, the Canada Border Services Agency, the Department of Fisheries and Oceans and the Canadian Coast Guard. Typical uses include enhanced maritime security and surveillance, arctic vessel traffic monitoring and analysis, environmental protection and enforcement, regulatory compliance, economic trade analysis, and Search and Rescue (SAR) support. The decision to renew the subscription service Government-wide will enable the existing uses to be expanded and new applications to be developed, helping to secure borders, protect the environment and save lives.

Peter Mabson, President of exactEarth, commented: “This renewal order, won in a competitive bid environment continues to demonstrate how exactAIS is gaining traction in many Government Departments with uses spreading beyond the traditional maritime agencies. It shows that the exactAIS data service is now being recognized as a vital part of mission-critical decision support systems. We expect to gain further renewals and wider market penetration worldwide throughout 2012 as more and more customers realize the value of our service, and as we add to both our in-orbit and ground-based infrastructure.”

About exactEarth Ltd. exactEarth, based in Cambridge, Ontario, is a data services company providing the most advanced information on global maritime traffic available today. Our premium service, exactAIS®, delivers an unrivalled view of the recognized maritime picture at a global scale. Offering fully secure data in a variety of industry standard formats and delivery methods, exactEarth's data provides real value for a wide range of operational maritime applications delivering operational efficiencies, enhancing security, safeguarding the environment, and assisting in saving lives. exactEarth is jointly owned by COM DEV International Ltd (TSX: CDV) and HISDESAT Servicios Estratégicos S.A. For more information, visit our new website at www.exactearth.com.

Contact Information:
Nicole Karns
Marketing Communications
Tel: +1 519-620-5890
Email Contact




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