Richmond Hill, Ontario—December 08, 2009 — PCI Geomatics, a world leading developer of geo-imaging software and systems, is pleased to announce that it has signed an agreement with Rolta India Limited. This agreement, which includes source code, will enable Rolta to develop cutting-edge Earth Science Solutions by using the most advanced geo-imaging and photogrammetry capabilities available on the market and authorizes Rolta to market these solutions throughout the world.
“Rolta has embarked on an ambitious program and is developing the next generation of Earth Science Solutions to meet the varying needs of clients in the geo-imaging market; we are proud to be the first Indian company to have such a robust suite of enterprise geospatial information solutions,” said Mr. K. K. Singh, Chairman and Managing Director of Rolta.
“This agreement with Rolta further validates the value of the $50M investment PCI has made in its core technology over the last number of years,” said Dr. Robert Moses, President and CEO of PCI Geomatics. “Because of this investment, PCI continues to lead our industry in terms of innovation and allows us to further advance our market leading automated geo-imaging technology.”
About PCI Geomatics
PCI Geomatics is a world leading developer of software and systems for geo-imaging solutions. Since 1982, we have specialized in remote sensing, digital photogrammetry, spatial analysis, cartographic production, automated production systems, image management and on demand mapping solutions. PCI Geomatics' advanced software systems address a wide variety of industry applications including the environment, agriculture, security and intelligence, aerospace & defense, and satellite receiving stations. We have the expertise and know-how to turn images into useful information.
For more information, visit www.pcigeomatics.com
Rolta is an Indian multinational organization that has executed projects in over 40 countries. Rolta serves these markets by providing innovative solutions in Enterprise Geospatial Information Solutions (EGIS), Defense & Homeland Security; Enterprise Design & Operations Solutions (EDOS); and Enterprise Information Technology Solutions (EITS). Rolta, through its joint venture with the Shaw Group Inc. USA – Shaw Rolta Ltd. – provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta's joint venture with Thales , France – Rolta Thales Ltd., develops and provides state-of-the-art C4ISTAR information systems, Military Communications, Digital Soldier and Vehicle System solutions, covering the entire “sensor to shooter” chain, under transfer of technology from Thales. Rolta, headquartered in Mumbai, employs over 4500 professionals with countrywide infrastructure and international subsidiaries across the globe. The Company has benchmarked its quality processes with the world's best quality standards. Rolta is accredited with the prestigious BSI ISO/IEC 27001:2005 certification, the ultimate benchmark for information security; the BSI ISO/IEC 20000-1:2005 IT Service Management Standard; and the Company has been assessed at Maturity Level 5 of the Capability Maturity Model Integrated CMMI SW version 1.1 in 2006. The Company is now engaged in upgrading to Maturity Level 5 of version 1.2. Forbes Global has ranked Rolta amongst the "Best 200 under a Billion" for four times in six years. Rolta has been included in the S&P Global Challengers ListTM 2008, by Standard & Poor’s. This List identifies 300 mid-size companies worldwide that have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth. ROLTA was ranked at the #1 position in Human Relations (HR), and at the 3rd position in overall ranking in the 2009 DATAQUEST survey of Best Employers in the IT sector. The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The Company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.
Rolta India Limited
A. P. Singh
Joint Managing Director
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President, International Operations
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Tel.:819-770-0022, Ext. 233
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