Point of Beginning

Geospatial Holdings' Subsidiary Enters Into Five Year Contract with Qwest Corporation

October 22, 2009

PITTSBURGH (BUSINESS WIRE) -- Geospatial Holdings, Inc. announced that the Company, through its recently acquired subsidiary Utility Services and Consulting Corp. (USCC), has entered into a contract with Qwest Corporation to provide utility locating services throughout the state of New Mexico. Work on this five-year unit price contract is scheduled to begin November 20, 2009.

Utility Services and Consulting Corp. was purchased from Dennis E. Dickenson. Dennis remains as President/CEO of USCC and has opened a new office and warehouse facilities at 3404 Vista Alameda NE, Suite B in Albuquerque, New Mexico. Dennis stated, “I am excited to have joined such a “cutting-edge” infrastructure technology company as Geospatial. This contract and our new association with Geospatial will position us as a major player in the infrastructure management industry throughout New Mexico.”

Mark A. Smith, Geospatial’s CEO stated, “We intend to leverage the great opportunity we have with the addition of Dennis, Utility Services and Consulting Corp. and our new relationship with Qwest to greatly expand our presence in the Southwestern U.S.” Mr. Smith added, “We will greatly accelerate this expansion by providing USCC with additional technologies and services to offer to their current clients, such as our Smart Probe Pipeline Mapping Technologies and our GeoUnderground Web-based GIS Portal.”