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GEONEX ANNOUNCES $7.3 MILLION AWARD

 ST. PETERSBURG, Fla., May 27 /PRNewswire/ -- Geonex Corporation (NASDAQ: GEOX) announced today that it has been awarded a $7.3 million contract extension by the Egyptian Survey Authority (ESA), Cairo, Arab Republic of Egypt.
 Extending through June 1995, the award increases the total value of ESA's contract with Geonex to approximately $24.5 million, which is principally funded by the U.S. Agency for International Development in support of irrigation management of the Nile River.
 Under the terms of the contract, Geonex is providing a technical assistance team consisting of highly qualified surveying and mapping specialists whose tasks are to modernize the ESA facilities, equipment and operating procedures with the ultimate goal of developing the ESA into a professional and technically competent national mapping agency.
 Geonex, based in St. Petersburg, Fla., is the world's largest commercial supplier of digital maps and maps utilizing advanced photo and image interpretation. Digital mapping data bases created by Geonex allow telephone, electric, gas and water utilities to combine detailed engineering records with geographic information to facilitate the design, construction, management and maintenance of their physical assets. Geonex also offers laboratory analysis of air and water quality, and hazardous site surveying.
 -0- 5/27/93
 /CONTACT: H. A. Moshell of Geonex Corporation, 813-823-3300/
 (GEOX)


CO: Geonex Corporation; Egyptian Survey Authority ST: Florida IN: SU: CON

AW-JB -- FL004 -- 3681 05/27/93 10:16 EDT
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Publication:PR Newswire
Date:May 27, 1993
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