May 21, 2010

Geospatial Holdings Enters into Contract to Map Over Six Miles of Underground Pipelines for the University of Mississippi

Ole Miss to Manage Data on Geospatial’s GeoUnderground Portal.

PITTSBURGH - Geospatial Holdings, Inc. (OTCBB: GSPH) announced today that it has entered into a contract with the University of Mississippi to provide utility mapping services to accurately map over six miles of underground pipeline and manage this data on Geospatial’s proprietary GeoUnderground web-based GIS Portal. Work on this contract is scheduled to begin immediately.

Mark A. Smith, Geospatial’s CEO stated, “This opportunity to work with Ole Miss is hopefully the beginning of a long and mutually beneficial relationship. We believe that this is a perfect example of Geospatial continuing to mature from a ‘service provider’ to a ‘solutions provider’ where Geospatial provides proprietary long-term system management solutions to our clients.”

Mr. Smith went on to say, “Geospatial is working on a program to implement our Smart Infrastructure Initiative™ on college campuses globally.”