Xedar Corp.
 
Background:

Xedar Corporation provides strategic consulting services, aerial imagery, and critical infrastructure information and systems. The company's Information Technology Consulting segment provides strategic consulting services to the national intelligence community and the department of defense; and independent verification and validation, information assurance, and consulting services to various federal agencies. This segment serves the U.S. Agency for international development and the U.S. State Department as a subcontractor. Its Geographical Information Systems (GIS) segment collects digital aerial photographs of various areas within the United States through the ownership and lease of airplanes, processes these images to correct errors, links the images to form larger-scale imagery, enhances the resulting images, and sells them to commercial and government customers; and provides land database products and production services related to the creation or enhancement of land queries, reports, and digital maps. Its production services provide data editing and enhancement, scanning, data conversion, data integration, and custom mapping, which are used by the customers to convert existing GIS data into a digital format, extract information from aerial imagery, or to integrate disparate data sets. This segment serves the Bureau of Land Management, the Bureau of Reclamation, and the National Park Service, as well as oil and gas customers. Xedar Corporation markets its products and services through a Web site, a quarterly e-newsletter, attendance at trade shows, participation in trade associations, and an assortment of collateral materials. The company was founded in 1994 and is headquartered in Englewood, Colorado.

INCORPORATED: in Colorado May 6, 1974. December 31, 2006, merged PDS Acquisition Corp., a wholly owned subsidiary of the company, with Premier Data Services, Inc., a Delaware concern. To effect the merger, the company issued 14,082,871 shares of its Common upon the conversion of 13,685,018 Common and 2,685,253 Ser. A Preferred shares of Premier Data Services, Inc., based on a ratio of 0.78199 Common shares for each Premier Data Services Common share, and 1.25922 Common shares for each Premier Data Services Preferred share outstanding. The remaining 91,244 and 477,688 shares of Premier Data Services Common and Preferred respectively, were offered appraisal rights. Following the merger, Premier Data Services became a wholly owned subsidiary of the company. Premier Data Services, Inc. was incorporated in Delaware in 2001 as the successor to a Colorado concern formed in 1994. January 1, 2007, PDS GIS/LIS, a subsidiary of Premier Data Services, Inc., acquired all the membership interests of Land Links Company, Ltd., a New Mexico limited liability company, in exchange for 360,000 shares of the company's Common stock.

SUBSIDIARIES:

FuGEN, Inc.
PDS GIS/LIS
Premier Data Services, Inc.

Privacy Notice
Copyright © 2009, Standard & Poor's. All rights reserved.