SimActive Partners with Credent and Announces Sale in Australia to HyVista

Montreal, Canada, May 31, 2011 – SimActive Inc., a world-leading developer of photogrammetry software, is pleased to announce that HyVista Corporation has acquired its Correlator3D™ photogrammetry software.  The transaction was brokered by Credent Technology Asia Pte Ltd., SimActive’s partner in South East Asia and Australia.

“Correlator3D’s robust and automated processing flow, enhanced by use of GPU technology, has enabled HyVista to process detailed DTM and orthophoto mosaic products rapidly, efficiently and most importantly with a high degree of accuracy”, stated Peter Cocks,  General Manager of HyVista Corporation.

“Through this acquisition, HyVista Corporation has strengthened and streamlined its photogrammetric production of its UltraCam large format digital airborne imagery”, said Dr. Philippe Simard, President of SimActive. “SimActive’s continued growth confirms the rising demand for efficient autocorrelation software”.

For a live demonstration of Correlator3D™ at the ESRI International User Conference 2011 (July 11-15, San Diego, California), please send an email to sales@simactive.com or visit booth 2606.

About HyVista
HyVista Corporation Pty Ltd was founded in 1999 and is a privately owned Australian company with headquarters in Sydney, Australia.  The company specializes in the supply of airborne hyperspectral and large format digital remote sensing data for a wide range of applications covering earth resource mapping, environmental monitoring, agriculture, urban mapping and many research development projects such as simulating future hyperspectral satellites, defense surveillance, soil degradation and species habitat mapping. For more information, visit www.hyvista.com.

About Credent Technology
Established since 1982, Credent serves government and private enterprise clients in a range of geospatial industries throughout Southeast Asia. Customers include: national survey and mapping agencies, defense mapping agencies, national Land Information Systems (LIS), telecommunications companies, and water utilities. Credent also supports natural resource mapping, cadastral mapping, civil engineering, utility asset mapping, urban mapping, and urban visualization. For more information visit www.credent-asia.com

About SimActive
SimActive is the developer of Correlator3D™ software, a patented end-to-end photogrammetry solution for the generation of high-quality geospatial data from satellite and aerial imagery.  Correlator3D™ produces precise digital surface models (DSM), digital terrain models (DTM) and orthomosaics.  Powered by GPU technology, Correlator3D™ accelerates project completion timeframe.  SimActive has been selling Correlator3D™ to leading mapping firms and government organizations around the world, offering cutting-edge photogrammetry software backed by exceptional customer support.  For more information, visit www.simactive.com.