In 2008, Intermap jointly announced with Magellan® the first commercial availability of Intermap’s AccuTerra™ ( www.AccuTerra.com) maps for Magellan’s handheld GPS devices, providing outdoor enthusiasts with the nation's best recreational map content.
Intermap has a similar relationship with Bushnell Outdoor Products. Intermap’s advanced AccuTerra topographic maps provide access to digital terrain data, off-road and recreation-related roads, trails, and points of interest such as campgrounds, service facilities, and landmarks. In addition, customers can benefit from a land management data layer that displays the location of public lands (national forest, wilderness areas, state parks, etc.) and private property for most recreation areas in the United States.
Subsequent to the close of 2008, Intermap announced the inclusion of their AccuTerra starter maps on a new line of next-generation hand-held GPS devices from Lowrance. In addition to the starter maps, select devices will ship with full AccuTerra premium content, including high-resolution topographic maps, extensive outdoor trail networks, land management maps and extensive points of interest for outdoor recreation.
During the year, Intermap also expanded its AccuTerra GPS maps product line into Western Europe. The launch of AccuTerra Europe ushers in a new breed of GPS maps, with unprecedented detail, accuracy and uniformity unavailable in Europe until now.
Automotive Safety and Navigation Market
Intermap is creating highly accurate 3-D road vectors within NEXTMap to enhance fuel efficiency and help improve vehicle safety in the transportation industry. During the year, a Detroit-area office was established to complement Intermap’s Munich office initiative to support and accelerate advanced automotive technologies in the industry.
Next generation safety systems using high-precision 3-D road vectors can provide vehicles with precise knowledge of the road ahead to anticipate potentially dangerous situations, thereby helping reduce the number of serious injuries and fatalities. These 3-D road vectors can enable systems that alert drivers of upcoming curves and hills and are a critical element in the development of predictive headlights that automatically follow the road by physically turning into curves and up and down according to the change in grade. Precision road vectors can also provide advanced knowledge of the road ahead to extend the range of electric power sources in hybrid vehicles and automatically adjust engine and drive-line control units to increase fuel efficiency and decrease carbon emissions in commercial vehicles.
Energy and Resource Markets
NEXTMap USA license sales in 2008 included petroleum companies in North Dakota and wind energy farms in the Midwest. Petroleum and wind energy represent new markets for NEXTMap data and the Company foresees further sales in these industries.
NEXTMap data is available directly from Intermap or through selected partners worldwide.
Detailed financial results for the quarter and management’s discussion and analysis can be found on SEDAR at: www.sedar.com.
Conference Call March 3, 2009 at 4:30 p.m. EST (2:30 p.m. MST)
Intermap will host a conference call today, March 3, 2009, at 4:30 p.m. EST (1:30 p.m. PST, 2:30 p.m. MST, 9:30 p.m. GMT). To participate in the call, please dial +1-416-695-6140 or +1-800-952-6845 approximately 10 minutes prior to the conference call. A recording of the conference call will be available through March 18, 2009. Please dial +1-416-695-5800 or +1-800-408-3053 and provide the password 3283915 to listen to the rebroadcast.
About Intermap Technologies
Intermap (TSX: IMP) (AIM: IMAP) is a preeminent digital mapping company creating uniform high-resolution 3D digital models of the earth’s surface. The Company is proactively remapping entire countries and building uniform national databases, called NEXTMap®, consisting of affordably priced elevation data and geometric images of unprecedented accuracy. Demand for NEXTMap data is growing as new commercial applications emerge within the GIS, engineering, automotive, GPS maps, insurance risk assessment, oil and gas, hydrology, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets.
Headquartered in Denver, Colorado, Intermap employs more than 850 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, Paris, Prague, and Washington, D.C. For more information, visit www.Intermap.com or www.TerrainOnDemand.com.
NEXTMap® is a registered trademark of Intermap Technologies Corporation.
Intermap Reader Advisory
Certain information provided in this news release constitutes
forward-looking statements. The words "anticipate," "expect," "project,"
"estimate," "forecast" and similar expressions are intended to identify
such forward-looking statements. Although Intermap believes that these
statements are based on information and assumptions which are current,
reasonable and complete, these statements are necessarily subject to a
variety of known and unknown risks and uncertainties. You can find a
discussion of such risks and uncertainties in our Annual Information
Form and other securities filings. While the Company makes these
forward-looking statements in good faith, should one or more of these
risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary significantly from those
expected. Accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or occur,
or if any of them do so, what benefits that the Company will derive
therefrom. All subsequent forward-looking statements, whether written or
oral, attributable to Intermap or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements.
The forward-looking statements contained in this news release are made
as at the date of this news release and the Company does not undertake
any obligation to update publicly or to revise any of the
forward-looking statements made herein, whether as a result of new
information, future events or otherwise, except as may be required by
applicable securities law.