DULLES, Va., March 23 /PRNewswire-FirstCall/ -- GeoEye, Inc. (NASDAQ: GEOY), a premier provider of satellite, aerial and geospatial information, announced today MJ Harden's purchase of a new Intergraph Z/I Imaging Digital Mapping Camera (DMC(R)) along with an additional aircraft, a Cessna Conquest. The digital camera is a complete imaging system that simultaneously captures black-and-white, color, and near-infrared digital imagery with engineering-level accuracy. MJ Harden expects the new camera and aircraft to be fully operational this spring.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080625/LAW528LOGO)
MJ Harden has been a leader in digital image acquisition since 2004 and has successfully collected thousands of square miles of aerial imagery. The Cessna Conquest is a proven aircraft for aerial imagery acquisition and greatly increases MJ Harden's collection capacity. It has a cruising speed of 360 mph, an operating ceiling of approximately 28,000 feet above sea level and a range of over 2,100 miles. Combined with its current assets, MJ Harden will have two Intergraph DMCs for aerial imagery collection, which presents more opportunity to support our customers' needs and to pursue a wider range of projects.
Digital imagery is ideally suited for applications that include mapping utility and telecommunication corridors and transportation infrastructure, supporting facilities management, and assisting with planning and assessment activities for state and local governments. The complementary combination of GeoEye's high-resolution satellite and MJ Harden's aerial imagery helps customers solve challenging location-based problems.
"As we continue to grow from a regional to a national practice, our projects are becoming more complex and expansive," said Doug Leibbrandt, general manager of MJ Harden Associates, Inc. "This investment in aircraft and proven digital-imaging technology will ensure that our customers continue to have access to leading-edge technology while meeting their schedule and cost requirements."
Bill Wilt, GeoEye's vice president of North American sales, said, "Satellite and aerial imagery are ideal for mapping and monitoring infrastructure projects. Since every project has some type of geospatial or location-based component, the use of our technology is a cost-effective solution for customers involved in improving our nation's infrastructure."
About MJ Harden
MJ Harden Associates, Inc. (MJH) is a wholly owned subsidiary of GeoEye. MJH, an ISO 9001:2000 certified business, offers a wide-range of high-quality photogrammetry and geospatial technology services. Professional services provided by MJH leverage over 50 years of experience and include: image acquisition, photogrammetric mapping, and GIS consulting and implementations. Through experience and technological expertise, MJH provides value to its customers from planning to deployment, to maintenance and support. Founded in 1956, MJH is located in Mission, KS. For more information, visit http://www.mjharden.com/.
About GeoEye
GeoEye's products and services enable timely, accurate, and accessible location intelligence. The company is recognized as one of the geospatial industry's most trusted imagery experts, delivering reliable service and exceptional quality imagery products and solutions to customers around the world. GeoEye has developed an advanced information technology infrastructure for collecting, receiving, processing and distributing imagery information products and processing services to the U.S. Government including the national security community as well as international governments and commercial customers. These products serve applications including defense and intelligence, precision mapping, on-line mapping, infrastructure development, planning and monitoring, and environmental assessment. The company collects tens of millions of square kilometers of imagery per year with its existing satellites and aerial assets, which includes GeoEye-1, the world's highest resolution commercial imaging satellite. The company also provides support to academic institutions and non-governmental organizations through the GeoEye Foundation ( http://www.geoeyefoundation.org). Headquartered in Dulles, Virginia, GeoEye is a public company listed on the NASDAQ stock exchange under the symbol GEOY. It maintains a comprehensive Quality Management System (QMS) and has achieved company-wide ISO accreditation. For more information, visit http://www.geoeye.com/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Securities Exchange Act of 1934, as amended. Statements including words such as "anticipate", "believe", or "expect" and statements in the future tense are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. GeoEye's actual financial and operational results could differ materially from those anticipated. Additional information regarding these risk factors and uncertainties is described more fully in the Company's SEC filings. A copy of all SEC filings may be obtained from the SEC's EDGAR web site, http://www.sec.gov/, or by contacting: William L. Warren, Senior Vice President, General Counsel and Secretary, at 703-480-5672.
Web site: http://www.geoeye.com/
