Nasdaq GlobeNewswire

USSOCOM Awards Vricon Foreign Comparative Test Contract

Del

Vricon to increase the resolution and accuracy of SOCOM's 3D geospatial data

McLean, Virginia, Nov. 09, 2017 (GLOBE NEWSWIRE) -- The US Special Operations Command (USSOCOM) awarded Vricon a contract for a Foreign Comparative Test for commercial data, software, and testing to increase the resolution and accuracy of the Command's 3D geospatial data.  Vricon also will work to automate workflows to reduce manual processes involved in producing enhanced geospatial data and 3D scene visualizations.

"This collaboration between SOCOM and Vricon should result in superior geospatial data, as well a reduction in time-consuming manual work to produce the data," said Magnus Brege, Vricon CEO. "These results are increasingly important in a time when national security is dependent upon ever-shrinking timelines and precise information."

The sole source award is based on USSOCOM's assessment that Vricon "is the only vendor which currently has the highly specialized software algorithms to generate pre-processed 3D data capable of meeting the government's requirements." The contract is valued at approximately $1.3 million.

About Vricon

Vricon serves the global professional geospatial market with world-leading 3D geospatial and digital elevation data and 3D visualization solutions. Vricon is headquartered in McLean, Virginia. For further information, visit vricon.com

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b11c5e0f-7851-405d-ac56-080164e00f0a

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/86993422-66cc-4cf5-a0c8-e7cead79303b

Craig Brower
Vricon
703-283-4588
craig.brower@vricon.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vricon via Globenewswire

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