DigitalGlobe Announces New Agreement With Microsoft for High-Resolution Aerial Imagery
[ Back ]   [ More News ]   [ Home ]
DigitalGlobe Announces New Agreement With Microsoft for High-Resolution Aerial Imagery

LONGMONT, CO -- (MARKET WIRE) -- Oct 29, 2009 -- DigitalGlobe (NYSE: DGI), a leading global provider of commercial high-resolution world-imagery products and services for defense and intelligence, civil government, and commercial customers, today announced it has signed an agreement with Microsoft Corp. (NASDAQ: MSFT) to launch the Clear30 program, an initiative to distribute high-resolution, 30-cm aerial imagery of contiguous landscapes, initially in the U.S. and Western Europe. These orthophoto mosaics will be available through Bing Maps and through DigitalGlobe channels.

The Clear30 initiative is a new agreement that expands the current relationship between Microsoft and DigitalGlobe and reflects a commitment to increase accessibility and use of high-resolution digital imagery. To collect the first ever multicontinental aerial imagery from 30 cm, the companies will use the UltraCamG, a large format digital aerial camera manufactured by Vexcel Imaging GmbH, a wholly owned subsidiary of Microsoft, which is based on Vexcel's UltraCam large format camera systems, the top selling large format aerial sensors internationally.

"We're excited about the launch of the Clear30 program and our continued relationship with DigitalGlobe," said Steve Stanzel, general manager of Bing Maps at Microsoft Corp. "By providing DigitalGlobe exclusive access to our advanced UltraCamG imagery, we can provide our mutual customers easy access and integration of high-resolution digital aerial orthophotos for vast landscapes around the world."

"We are very pleased to be expanding our relationship with Microsoft and look forward to introducing the UltraCamG imagery into our world imagery solutions," said Jill Smith, chairman and chief executive officer of DigitalGlobe. "The addition of large quantities of very high-resolution digital aerial imagery, collected quickly and published on a consistent update schedule, will further enhance our ability to distribute a comprehensive digitized globe to our customers."

The companies did not provide financial details concerning the agreement.

Imagery from the UltraCamG will further expand DigitalGlobe's industry leading ImageLibrary and will complement the satellite imagery products available from the DigitalGlobe high-resolution satellite constellation, including the recently launched WorldView-2 satellite. Current collection areas for the UltraCamG program include the contiguous United States and Western Europe.

To learn more about advanced DigitalGlobe's constellation of sub-meter satellites, please visit www.digitalglobe.com.

About DigitalGlobe

DigitalGlobe ( http://www.digitalglobe.com) is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than 730 million square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, please visit www.digitalglobe.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements relate to future events or our future financial performance. We generally identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or other similar words, although not all forward-looking statements contain these words. Any forward-looking statements contained in this release are based upon our historical performance and on our current plans, estimates and expectations. Such forward-looking statements are subject to various risks, uncertainties and assumptions. Our actual financial and operational results may vary materially from those indicated in these statements. Additional information regarding risk factors, uncertainties and assumption concerning our business is described more fully in documents filed by us with the Securities and Exchange Commission (SEC). We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

Media Contacts:
KC Higgins
DigitalGlobe
303.999.1578

Email Contact

Erika Dornaus
Racepoint Group
781.487.4637

Email Contact

Investor Contact:
Linda Rothemund
Market Street Partners
303.684.4210

Email Contact