Analytical Surveys, Inc. (ASI), incorporated in 1981, provides customized data conversion, spatial data management and technical services for the geographic information systems market. Geographic information systems (GIS) consist of computer software, hardware, data, and personnel that are designed to help manipulate, analyze, and present information that is tied to a spatial (geographic) location. The Company helps customers by transforming or updating raw, often confusing information from multiple sources, such as maps, blueprints, databases, aerial photography and satellite imagery into a high-resolution, large-scale, richly detailed digital and visual representation that organizations can rely on to make better decisions with speed and confidence. ASI has historically targeted services to utilities and state and local governments. ASI offers a range of services to create digital land base maps and databases of related geo-referenced information used in GIS. The Company uses specialized computers and internally developed software to create land surveys and legal descriptions. These base maps are created using photogrammetric and cadastral mapping technologies. Once the base map is produced, links to tabular databases are created, and other geo-referenced data, such as buildings, telephone poles and zoning restrictions, are collected, verified, converted into digital format and added to the base map to create a GIS. The Company provides an experienced field inventory staff to collect and verify information and use computerized and manual techniques to verify and digitize data from paper sources and legacy electronic systems. Once a GIS is completed, users can view the base map and any or all of the layers of data on a computer screen and can retrieve selected data concerning any desired location appearing on the screen or all data matching one or more variables. The Company maintains these databases for customers on an as-needed basis. The Company derives revenues primarily from two core markets, utilities and state and local governments, and it also serves commercial businesses. Four of the Company's customers accounted for 72% of its consolidated revenues in the fiscal year ended September 30, 2005 (fiscal 2005), which included British Telecommunications PLC (BT), 21%; MWH Americas, Inc., 18%; Worldwide Services, Inc, and Intergraph (WWS), 16%, and Michigan Consolidated Gas Company (Michcon), 17%. In April 2001, the Company sold substantially all of the assets of the Colorado Springs, Colorado-based digital orthophotography and photogrammetric mapping facility to Sanborn Map Company. In March 2002, the Company consolidated its Cary, North Carolina facility and transferred existing project work to its Texas and Wisconsin facilities. The principal activity of the North Carolina facility had been cadastral and photogrammetric mapping. In June 2002, the Company consolidated and relocated its Indianapolis, Indiana office to smaller office space.

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