Analytical Surveys' Shareholders Approve Reverse Stock Split
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Analytical Surveys' Shareholders Approve Reverse Stock Split

INDIANAPOLIS, Oct. 2 /PRNewswire-FirstCall/ -- Analytical Surveys, Inc. (ASI) (Nasdaq: ANLTD), a provider of customized data conversion and digital mapping services for the geographic information systems (GIS) and related spatial data markets, today announced that shareholders have approved a one-for-ten reverse split of the Company's common stock, effective today. In conjunction with the reverse split, ASI's stock will trade under the ticker symbol "ANLTD" for 20 trading days, at which point it will revert back to the former symbol "ANLT."

Analytical Surveys Inc. (ASI) provides technology-enabled solutions and expert services for geospatial data management, including data capture and conversion, planning, implementation, distribution strategies and maintenance services. Through its affiliates, ASI has played a leading role in the geospatial industry for more than 40 years. The Company is dedicated to providing utilities and government with responsive, proactive solutions that maximize the value of the information and technology asset. In addition to corporate offices in Carmel, Indiana, ASI maintains facilities in Wisconsin and Texas. For more information, visit www.anlt.com .

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business -- "risk factors" and elsewhere in the Company's Annual Report on Form 10-K.

For further information, please contact Michael Renninger, Chief Financial Officer of Analytical Surveys, Inc., mrenninger@anlt.com; or Geoff High of Pfeiffer High Public Relations, Inc., +1-303-393-7044, Email Contact, for Analytical Surveys, Inc.



Source: Analytical Surveys, Inc.