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Galdos closes financing of USD 1 million

British Columbia, Canada, 12 June 2006: Galdos Systems Inc., a dealer in Spatial Data Infrastructure (SDI) technology, announced the closing of a strategic investment of USD 1 million. An additional USD 1 million worth of warrants were also issued. The investment will help expand Galdos’ sales and marketing efforts as well as enhance its product offering.

Galdos currently supplies its technology to governments, government agencies and private companies that deal with geographic information. The investment will help expand Galdos’ sales and marketing efforts as well as enhance its product offering.