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Geospatial Corporation (Formerly Geospatial Holdings, Inc.) Unveils Latest Version of Cloud-Based GIS Platform

Constructed Around the Google Maps API and Google Maps Engine

PITTSBURGH, PA--(Marketwired - May 05, 2014) - Geospatial Corporation (PINKSHEETS: GSPH) has unveiled the Company's newest version of GeoUnderground, our proprietary "Cloud-Based" GIS platform custom designed around the Google Maps API and Google Maps Engine.

Mark A. Smith, Geospatial's CEO stated, "The economic and social benefit gained through accurately locating, mapping and managing the world's underground infrastructure assets in a systematic fashion is huge. To accomplish this Geospatial has developed a comprehensive suite of technologies capable of gathering accurate 3D positional data on most underground or underwater pipelines. The combination of these data acquisition technologies with our cloud-based GeoUnderground GIS platform provides our clients with a total solution to their underground asset management needs."

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 and Google Maps Engine. (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. 

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.

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