TECTERRA Inc.: Funding Announced for Geomatics Applied Research in Alberta

Calgary, April 27, 2011: TECTERRA Inc., announced today a new Call for Proposals for funding for geomatics applied research at three Alberta universities for commercialization of products and services for integrated resource management. The Alberta University Applied Research Funding Program is the result of the master agreements TECTERRA signed earlier this month with the University of Alberta, the University of Calgary and the University of Lethbridge for TECTERRA to fund applied geomatics research.

“This is a key element of TECTERRA’s programs that complements the tiers of our initiatives to help bring innovative geomatics technology to critical resource management applications in the province,” said Dr. Mohamed Abousalem, Chief Executive Officer of TECTERRA.

Applicants under this call for proposals will be principal investigators from one of the respective universities working in partnership with a Canadian company and/or an end-user government agency to address a specific resource management operational challenge or a significant market need. Principal investigators without established partnerships are invited to utilize TECTERRA’s GEO-Link Program, which can help to identify potential partner candidates.

Project funding will range from $100K to $500K, depending on the scope and duration of the project.

Interested parties can apply the Alberta university Applied Research Funding Program and sign up for the GEO-Link program by visiting TECTERRA’s website.

TECTERRA Inc. is a national organization supporting the Canadian development and commercialization of geomatics technologies for integrated resource management. With current funding from the Province of Alberta and Government of Canada, TECTERRA invests in technology solutions for energy, forestry, agriculture, environment, and land management and development applications. The first centre of its kind, TECTERRA works with industry, entrepreneurs, researchers, and government partners to enable the use of geomatics technologies in addressing local, national and global challenges in resource management. TECTERRA, a non-profit organization, is governed by an independent Board of Directors representing key industry sectors associated with TECTERRA’s focus markets. For more information, visit www.tecterra.com.