Geospatial Holdings to Present at ASCE's International Pipeline Conference
Thu Jul 17, 12:12 PMPITTSBURGH--(BUSINESS WIRE)--Geospatial Holdings, Inc. (OTCBB: GSPH.OB) today announced that Mark Smith, the Companys Chairman and CEO will participate in ASCEs International Pipeline Conference Workshop on Tuesday, July 22, 2008. The Workshops title is Underground Pipeline Asset Management Sanitary Sewers State of the Art. Mr. Smiths session in the workshop will discuss utilizing the companys innovative Smart ProbeTM technology and GIS capabilities to collect and manage data for underground infrastructure assets. Geospatial personnel will also be available to discuss its technology and capabilities in Booth 312 during the Conference July 22 through July 24, 2008.
Mr. Smith has been instrumental in the development of several patented and patent pending technologies for the underground pipeline and infrastructure industry, including the most recent Geospatial Tension/Calc3D Technology which utilizes the Companys proprietary Smart ProbesTM along with custom designed software to quickly and accurately calculate bending radius, joint integrity and pulling tension data of underground conduit critical for the safe installation of high voltage underground transmission and distribution cabling. As Founder and former CEO of Underground Solutions he was responsible for the development of the revolutionary Duraliner and Fusible PVC pipeline technologies.
The Workshop, part of ASCEs International Pipeline Conference and Exposition held at the Omni Hotel in Atlanta, Georgia, will discuss Underground Pipeline Asset Management-Sanitary Sewers - State of the Art.
The full-day seminar will be presented as an interactive workshop to discuss the State of the Art in condition assessment techniques as they apply to underground sanitary sewer and the management of these assets. Owners, contractors, and engineers will present their perspective as it relates to condition assessment, a review of various inspection techniques and computer software / hardware for managing and evaluating field data.
The expected audience of the workshop will be public agencies, including pipeline mangers, operations, and administrators; and consultants interested in learning more about State of the Art inspection techniques in combination with what this information means to a Utility Asset Management Program and how to apply the information.
About ASCE
Founded in 1852, the American Society of Civil Engineers (ASCE) represents more than 140,000 members of the civil engineering profession worldwide and is America's oldest national engineering society. Its Mission is to provide essential value to their members, their careers, partners and the public by advancing technology, advocating lifelong learning, promoting the profession, developing leadership and advocating infrastructure and environmental stewardship.
Additional information about the ASCE can be found at www.asce.org.
ABOUT GEOSPATIAL
Based in Pittsburgh, Pennsylvania, Geospatial operates globally through its wholly-owned operating subsidiary, GMSI. (d/b/a Geospatial Corporation). GMSI is an innovative solutions provider of proprietary technologies that permit the accurate mapping and interior geometry assessments of underground pipelines. GMSIs technologies permit the Company to economically collect, store and retrieve XYZ mapping coordinates of a pipeline centerline to create three-dimensional Geographic Information System (GIS) databases. GMSI is the exclusive licensee of the DuctRunner Smart Probe Pipeline Mapping Technology throughout North America, South America and Australia.
Additional information on Geospatial can be found on our website at www.geospatialcorporation.com.
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. The Company makes forward-looking statements in this news release that represent the Companys beliefs or expectations about future events or financial performance. These forward-looking statements are based on information currently available to the Company and on managements beliefs, assumptions, estimates and projections and are not guarantees of future events or results. When used in this document, the words anticipate, estimate, believe, plan, intend, may, will and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Such statements are subject to known and unknown risks, uncertainties and assumptions, including those referred to in the Risk Factors section of the Companys Annual Report on Form 10-K for the year ended December 31, 2007, as filed with the Securities and Exchange Commission (the Commission) on March 10, 2008 and in the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations sections of the Companys Report on Form 8-K filed with the Commission on May 1, 2008. In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur. In addition, our actual results may vary materially from those anticipated, estimated, suggested or projected. Except as required by law, we do not assume a duty to update forward-looking statements, whether as a result of new information, future events or otherwise. Investors should, however, review additional disclosures made by the Company from time to time in its periodic filings with the Securities and Exchange Commission. Please use caution and do not place reliance on forward-looking statements. All forward-looking statements made by the Company in this news release are qualified by these cautionary statements.
Geospatial Holdings, Inc.
Mark A. Smith, Chief Executive Officer,
724-353-3400
msmith@geospatialcorporation.com
or
Corporate
Communications, Inc.
Kevin S. Inda, 407-566-1180
Kevin.Inda@cci-ir.com




