PITTSBURGH, July 27, 2015 — Geospatial Corporation (OTC Pink: “GSPH”) announced today that Molly Zuccaro has agreed to join the Company to lead in the design of operational strategy and ensure that strategic business plans are successfully executed. Ms. Zuccaro is a global technology professional with nearly two decades of experience in cutting edge digital mapping. Among her most recent roles were Director of Global Point-of-Interest Program Strategy and Director of Global Content Integration Program at NAVTEQ (NOKIA), currently HERE Maps.
Molly graduated from the University of Illinois, Champaign-Urbana.
Mark Smith, Geospatial’s CEO stated, “ Molly’s vast experience in developing large-scale digital mapping programs both domestically and internationally at NAVTEQ (HERE Maps), will be invaluable to Geospatial as we focus on mapping the world’s underground infrastructure.” Mark went on to say, “By 2050, 70% of the world’s population is expected to live in urban environments. That’s a lot of people trying to use water, sewer, gas and other underground utilities that are way past their intended design-life. By enabling Smart Infrastructure through the development of accurate & complete digital maps, we’re reducing hazards, complications and costs associated with underground infrastructure and allowing “Smart Cities” to better maintain and manage city infrastructure and efficiencies.”
Molly stated, “I am looking forward to being a part of a company dedicated to setting the gold standard for highly accurate underground infrastructure mapping and management.
GeoUnderground, the flagship product and ultimate in GIS data management, as well as cutting edge underground mapping technologies make this a very exciting opportunity. The combination of these technologies along with the implementation of the Partner Program will help us to scale rapidly nation-wide.”
About Geospatial Corporation
Geospatial Corporation utilizes integrated technologies to determine the accurate location and position of underground pipelines, conduits and other underground infrastructure data allowing Geospatial to create accurate (3D) three-dimensional digital maps and models of underground infrastructure. Our website is www.GeospatialCorporation.com. The Company manages this critical infrastructure data on its Cloud-Based GIS Portal called GeoUnderground, our proprietary GIS platform custom designed around the Google Maps API. (www.GeoUnderground.com).
GeoUnderground is the company’s powerful Cloud-Based (GIS) geographic information system database that enables users to view and utilize this 3D pipeline mapping information securely from any desktop or mobile device. GeoUnderground seamlessly integrates with Geospatial’s technologies gathering underground, underwater or aboveground geo-referenced digital information of all types of infrastructure.
Licensed users, for the first time, have available to them a suite of technologies allowing them to collect data and create highly accurate 3D maps and models of both above-ground and below-ground infrastructure and view and share this invaluable information in a secure manner with their peers and associates anywhere in the world through a conventional browser via the Cloud.
Geospatial provides integrated data acquisition technologies that accurately locate and map underground and above ground infrastructure assets such as pipelines and surface features via its GeoUnderground Cloud-Based Portal.
GeoUnderground, designed around the Google Maps API, is Geospatial’s cloud-based GIS platform that provides clients with a total solution to their underground asset management needs.
Forward Looking Statements This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements, if any, are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company’s news releases and/or its filings or as a result of other factors.