DENVER (March 30, 2009): Intermap Technologies today announced that its Intermap Federal Services, Inc. subsidiary has received a USD $11.3 million contract to provide 3D digital elevation data and orthorectified radar imagery for an international project. The Company’s client will use the geospatial data for topographic map production, 3D visualization, and natural resources management.
Using the Company’s proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology, Intermap will collect data during the second quarter and will deliver final map products to the client during the second half of 2009.
“Our clients continue to receive great value from the data we collect, process, and deliver on their behalf,” commented Brian Bullock, president & CEO for Intermap Technologies. “Now that our data collection efforts are complete for the NEXTMap® Europe and NEXTMap® USA programs, we are able to easily deploy assets to serve our custom collection business. Additionally, with the increased capacity in our editing operations, we can continue to deliver an edited final product that meets the immediate needs of the client.”
About Intermap Technologies
Intermap (TSX: IMP.TO, AIM: IMAP.L) is a preeminent digital mapping company creating uniform high-resolution 3D digital models of the earth’s surface. The Company has proactively remapped entire countries and is building uniform national datasets, 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, consumer electronics, insurance risk assessment, oil and gas, renewable energy, 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.
NEXTMap® is a registered trademark of Intermap Technologies Corporation
For more information, please contact:
Intermap Technologies
Richard Mohr, Senior Vice President & Chief Financial Officer
Email Contact
(303) 708-0955
Canada – Financial
Corbet Pala, Investor Relations
E-vestor Communications Inc.
Email Contact
(416) 657-2400
United States – Financial
Budd Zuckerman, Investor Relations
Genesis Select Corporation
Email Contact
(303) 415-0200
United Kingdom – AIM, Nominated Advisor
Canaccord Adams Limited
Andrew Chubb
Clayton Bush
+44 (0) 207 050 6500
$11.3 Million Contract Awarded to Intermap Technologies for Digital Mapping and Imagery Data
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