The geospatial data being collected and delivered will be generated using the Company's Interferometric Synthetic Aperture Radar (IFSAR) technology aboard one of the Company's five aircraft. Under the agreement, Intermap will process and deliver the data by the first quarter of 2008.
"With our extensive experience collecting elevation data under our contract services business and our NEXTMap(R) proactive mapping program, contracts from our repeat customers continue to reinforce the value we deliver to the GIS community worldwide," stated Garth Lawrence, senior vice president of operations for Intermap Technologies. "The accuracy and relevancy of this data continues to be an invaluable asset to this client."
About Intermap Technologies
Intermap enables customers to facilitate better decision-making and create applications for numerous commercial, governmental, military, and consumer products through the purchase of high quality and affordable 3D geometric datasets. The Company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap(R), consisting of highly accurate digital geometric maps that include elevation data.
Demand for NEXTMap(R) data is growing as new commercial applications are emerging, including geographical information systems (GIS), engineering planning, transportation, automotive, navigation, flood, irrigation, environmental management and planning, telecommunications/wireless network planning, aviation, simulation, and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. Datasets are also used to add interactive intelligence to airborne and satellite imagery.
Headquartered in Denver, Colorado, Intermap employs more than 400 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, and Prague. For more information, visit www.Intermap.com.
Contact:
Intermap Technologies
Richard Mohr, 303-708-0955
Senior Vice
President & Chief Financial Officer
Email Contact
or
Canada
– Financial:
E-vestor Communications Inc.
Corbet
Pala, 416-657-2400
Investor Relations
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or
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States – Financial:
Genesis Select
Corporation
Budd Zuckerman, 303-415-0200
Investor Relations
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UK
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Neil Johnson or Clayton Bush, +(44) (0)
207 518 2777
