This strategic partnership agreement includes PSI's purchase of the assets of GSI's Tampa/St. Petersburg, Fla. business unit.

Photo Science (PSI), a nationwide, full-service geospatial solutions provider and GIS Solutions Inc. (GSI), a provider of Geographic Information System (GIS) products and services, jointly announced that they have entered into a strategic partnership agreement that includes the signing of a letter of intent for PSI to purchase the assets of GSI's Tampa/St. Petersburg, FL business unit. This transaction will be finalized within the next 30 days.

About Photo Science
Founded in 1974, Photo Science is a full-service geospatial firm, specializing in aerial imaging and data collection, photogrammetric mapping, GIS, remote sensing, and surveying services. Based in Lexington, KY, and with offices located in Philadelphia, PA; Washington, DC; Bangor, ME; Atlanta, GA; Colorado Springs, CO; and Orlando and St. Petersburg, FL, Photo Science's 200 member professional and technical staff are devoted to providing high quality geospatial products and services to federal, state, and private sector customers.

About GIS Solutions Inc.
GIS Solutions, Inc. is a nationally recognized GIS product and services company focused on providing the full spectrum of IT professional services relating to spatial information systems to federal, state, local and private sector clients. Based in Springfield, IL, and with offices in Chicago, IL, GSI specializes in providing custom client solutions for the web and desktop environments including system design and implementation, applications development, system integration, and custom programming.

Source: Photo Science, Jan. 4, 2005