Monday, April 28, 2008

Geospatial Holdings, Inc. acquires Geospatial Mapping Systems

Geospatial Holdings, Inc. (OTC BB: GSPH) (“Geospatial Holdings” or the “Company”) today announced the completion of the acquisition of Geospatial Mapping Systems, Inc. (“GMSI”). As a result of the transaction, the Company has (i) changed its name from Kayenta Kreations, Inc. to Geospatial Holdings, Inc.; (ii) effected a 2.8 for 1 forward stock split; (iii) appointed new executive officers; (iv) installed a new board of directors; and (v) changed the Company’s trading symbol from “KKRI” to “GSPH.”

Mark A. Smith the Founder and former CEO of Underground Solutions, Inc. has been appointed the Chairman and Chief Executive Officer of Geospatial Holdings. Thomas Oxenreiter has been named the Chief Financial Officer and a director and Richard Nieman has been named Executive Vice President/Corporate Development and a director.

Mr. Smith stated, “Geospatial Holdings has been established to aggregate cutting-edge infrastructure technologies to allow us to gather and manage important spatial data which will assist municipalities, engineers, utilities and energy companies in effectively managing their global infrastructure assets.”

GMSI (d/b/a Geospatial Corporation) is an innovative solutions provider of proprietary technologies that permit the accurate mapping of underground pipelines. GMSI’s technologies will permit the Company to economically collect, store and retrieve XYZ mapping coordinates of a pipeline centerline to create three-dimensional Geographic Information System (GIS) databases. GMSI is the exclusive licensee of the DuctRunner Pipeline Mapping Technology throughout North America, South America and Australia.

Additional information on Geospatial can be found on our website at


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