Xedar Corporation Acquires Land Links Company.ENGLEWOOD, Colo. -- Xedar Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : XDRC) ("Xedar"), a provider of complex data management solutions, today announced that it has acquired Land Links Company, Ltd., pursuant to an agreement dated January 1, 2007. Albuquerque-based Land Links provides survey record raw data collection, adjustment computations, section subdivision, and parcel polygon attribution to a number of federal government clients. It is one of the few companies in the world specializing in the geographic coordinate database (GCDB GCDB Geographic Coordinate Database ), which is a collection of geographic information representing the Public Land Survey System of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Xedar's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Hugh Williamson Hugh Williamson (December 5, 1735–May 22, 1819) was an American politician. He is best known for representing North Carolina at the Constitutional Convention. Williamson was a scholar of international renown. III, "The Land Links acquisition is highly synergistic for both companies, because we can now provide an expanded range of services to an identical customer base. As a result, we can sell more products with no additional investment in sales personnel. In addition, the expanded capabilities of the combined companies will allow us to bid on more broad-ranging government projects." According to Land Links Company's president, Glen Thurow, "This acquisition is reflective of a new dynamic occurring within the land information industry as land surveying and geographic information disciplines become increasingly interconnected. The acquisition will allow Xedar Corporation to uniquely position itself in the geospatial marketplace." About Xedar Corporation Xedar Corporation provides land information databases to many of the word's largest oil companies and the federal government, while also analyzing computer system security for a number of federal agencies. Forward-Looking Statements This news release includes forward-looking statements that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our ability to manage the Land Links acquisition and subsequent merger of sales operations and (2) our ability to win additional government business based on the expertise of the combined companies. |
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