Geo-3D Announces New President

Geo-3D Inc. is pleased to announce the appointment of Mr. Daniel Desgagné as President of the company. He moves to this new position from his role as Vice President at Geo-3D, which he has held since his arrival at the company last October.

Mr. Desgagné has spent a significant portion of the last 25 years in key senior management and executive level positions within the financial services, consulting and advanced technology industries. Until recently, Daniel held the post of President of companies in the textile industry; more precisely, in retailing and manufacturing.

The founder and outbound president of Geo-3D, Denis Mercier, explained, ”I recruited Daniel with the aim of eventually offering him Geo-3D’s presidency. Since the company was founded 11 years ago, I have always based my management decisions on the company’s healthy growth. My decision to transfer the presidency to Daniel falls under an objective to accelerate Geo-3D’s development."

Mr. Desgagné’s decision to join our organization was made with a view to return to the field of advanced technology, an industry that has occupied nearly half of his professional career. ”Moreover, I wanted to invest in a company in order to support its growth, optimize its profitability and ultimately, to increase its financial value. I also did not want to compromise with regards to corporate values and resource competence. With all credit to the founder’s team, I indeed noticed upon my arrival at Geo-3D, a unique working environment and a significant technological advance within an emerging geomatics market. A challenge for growth on our own doorstep in North America, as well as overseas, is very stimulating to me."

Mr. Mercier remains as majority shareholder of the company and will occupy the position of Vice President of Production, responsible for implementing Geo-3D solutions. ”My goal is to ensure that constant improvements are achieved in the delivery of our products and consequently, the satisfaction of our clients and business partners."

About Geo-3D
Geo-3D INC., a Canadian company founded in 1995, is one of the world leaders in software products and services offered in the field of geomatics and geographic information technologies. The Trident-3D, Kronos based solution is a georeferenced image acquisition system used for mobile mapping and videologging. Survey images can be published in a GIS or transferred to photogrammetric software for further analysis. Resulting georeferenced images are particularly well adapted for use with Trident-3D Analyst to measure and inventory roadside infrastructure. Applications include planning, asset management, appraisal and assessment, GIS, engineering, and emergency response intervention within the transportation, civil and municipal engineering, utilities, homeland security, as well as real estate industries. Geo-3D is increasingly working with international partners to represent its products. For more information about Geo-3D visit www.geo-3d.com.