exactEarth Announces Agreement with VesselTracker

Cambridge, Ontario, Canada, May 1 , 2012—exactEarth Ltd., a leading provider of global maritime vessel data, is pleased to announce a new partnership agreement with VesselTracker GmbH, a leading provider of global coastal AIS data and maritime information.

Under this agreement, VesselTracker will market services deploying exactAIS® satellite data into the global commercial applications market through their world-leading web services platform. VesselTracker currently sell to a wide range of markets such as Port Authorities, Fleet Management, Insurance and Ship Brokering. This deal will enable VesselTracker to fully globalize their service, providing visibility into ship movements out of the range of existing coastal stations. A new custom data solution will be available to provide a wide variety of solutions based on XML Web Service data delivery that can suit specific customer requirements.

“We are excited to sign this deal with VesselTracker” said Peter Mabson, President of exactEarth. “This agreement is great step forward for exactEarth and means a whole new set of customers worldwide will now have access to our exactAIS data and will see the value of truly global coverage of maritime traffic. We see this as a new chapter in the evolution of Satellite AIS and look forward to working even more closely with VesselTracker in the future to deliver premium services to our joint markets.”

About exactEarth Ltd.

exactEarth, based in Cambridge, Ontario, is a data services company providing the most advanced information on global maritime traffic available today. Our premium service, exactAIS®, delivers an unrivalled view of the recognized maritime picture at a global scale. Offering fully secure data in a variety of industry standard formats and delivery methods, exactEarth’s data provides real value for a wide range of operational maritime applications delivering operational efficiencies, enhancing security, safeguarding the environment, and assisting in saving lives. exactEarth is jointly owned by COM DEV International Ltd (TSX: CDV) and HISDESAT Servicios Estratégicos S.A. For more information, visit our website at http://www.exactearth.com/.