Earth Search Sciences Accepts Delivery of New Instrument
McCALL, Idaho, Aug 19, 1999 (BUSINESS WIRE via COMTEX) -- EarthSearch
Sciences Inc. (OTC BB:EDIS) today announced that the company has
accepted the delivery of its second hyperspectral remote sensing
instrument. Upon delivery, the instrument was immediately sent to
Africa on its first mission.
"The delivery of our second instrument increases our flexibility to
operate on two continents simultaneously," Larry Vance said. "This
enables us to serve multiple clients at one time without interruption."
Earth Search Sciences' original Probe-1 recently returned from a
successful mission in Yellowstone National Park where the company
collected what it believes to be the first commercial one-meter data.
The Probe-1 is currently in McCall undergoing preparation for a new
mission with Noranda Mining and Exploration, Inc., a Canadian mining
giant.
"We are currently working with Noranda on a number of projects on
several continents and expect to be able to keep both instruments
busy," said John Peel, Earth Search Sciences CEO. "We currently have
about $2.5 million in projects in our backlog."
Earth Search Sciences' officials believe hyperspectral remote sensing
instrument capabilities can deliver authoritative information to
clients in many industries, including mining, defense, agriculture and
the environment. The cost of data from Probe-1 and its fixed-wing
platform is substantially below that of existing satellite technology,
creating a competitive advantage for ESSI's customers in the race to
learn the Earth's secrets.
This news release includes forward-looking statements that involve a
number of risks and uncertainties, some or all of which may at times be
beyond the control of the company. Thus, there can be no assurance that
the forecasts will be achieved. Actual results will vary from those
forecasted and the variations may be material.S.
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