VANCOUVER, Dec. 5, 2011 /CNW/ - OSI Geospatial Inc. ("OSI Geospatial") a world leader in naval integrated navigation and tactical solutions, announced today that it has signed a contract to upgrade the Royal Danish Navy to the newly released ECPINS 6.0.  The software upgrade will be installed on ECPINS systems that are currently deployed across a fleet of approximately 50 warships. The company has been providing navigation and tactical solutions and services to the Royal Danish Navy since 2001. About OSI Geospatial  OSI Geospatial Inc. operates two distinct business units: Offshore Systems Ltd. (based in Vancouver, British Columbia), a world-leading naval fleet supplier of integrated navigation and tactical solutions; and CHI Systems, Inc. (based in Philadelphia, Pennsylvania), a leading-edge research, development, and systems integration supplier of technology solutions for defense, aerospace, health, and bioscience markets.  OSI Geospatial systems and software are in use by military, government, and commercial customers around the world. The Company is publicly traded on the TSX Venture Exchange. For additional information please visit www.osigeospatial.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This press release includes forward-looking information within the meaning of applicable securities laws including information concerning the business and future results of OSI Geospatial, specifically with respect to the results of the Company's US research and development operations.  Any such forward-looking statements are subject to risks and uncertainties and OSI Geospatial's actual results of operations could differ materially from historical results or current expectations. Additional information on these and other potential factors that could affect OSI Geospatial's financial results are detailed in disclosure documents filed from time to time with the applicable Canadian securities regulatory authorities. Data subject to change without notice. OSI Geospatial Inc. CONTACT: Jim Girard, CFO+1 778-373-4600+1 888 880 9797+1 778-373-0027 (FAX)invest@osigeospatial.com

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