DigitalGlobe Adds Tencent, China's Largest Internet Services Portal, as New Imagery Customer

LONGMONT, CO -- (Marketwire) -- Apr 30, 2012 -- DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution earth imagery solutions, today announced that Tencent, one of the world's largest online communities and Internet services portals, has signed a multi-year agreement for the use of DigitalGlobe high-resolution imagery. Under the terms of the agreement, DigitalGlobe will provide Tencent with images of 350 major Chinese cities via DigitalGlobe's exclusive distributor in China, China Siwei.

Tencent offers its more than 700 million online customers a range of services, including online gaming, social networking and instant messaging. DigitalGlobe's imagery will first be integrated into Tencent's online mapping service, enabling Tencent to provide a superior end-user experience, increase its subscription base, and expand the location-based features it can offer its customers.

"Tencent is excited to incorporate DigitalGlobe's industry-leading content into one of our most promising applications, the mapping service," said Wang Jianyu, head of Tencent's mapping service. "The launch of this service represents an important step in achieving our strategic goal of providing users with 'one-stop online lifestyle services.' High-resolution satellite imagery is now a basic requirement for any online mapping portal, because it enables a very intuitive user experience."

Moving forward, Tencent will have the ability to integrate the imagery across the full range of their social media and entertainment services, including their QQ instant messaging service, which is today one of the most widely used social media applications in China.

"DigitalGlobe is honored to be Tencent's key provider of high-resolution satellite imagery," said Takayuki Odawara, vice president of Asia Pacific commercial operations at DigitalGlobe. "With the addition of Tencent, one of the world's most influential and rapidly growing technology companies, DigitalGlobe now has relationships with the three largest internet companies in China. This will give us exposure to over half of the Chinese population."

About DigitalGlobe
DigitalGlobe 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 two billion 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, visit www.digitalglobe.com.

About Tencent
Founded in November, 1998, Tencent has grown into one of China's largest and most used Internet services portals. Since its establishment over the last decade, Tencent has maintained steady growth under its user-oriented operating strategies. On June 16, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange. It is Tencent's mission to enhance the quality of human life through Internet services. Presently, Tencent is providing value-added Internet, mobile and telecom services and online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent's leading Internet platforms in China -- QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay -- have brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. As of Sep 30, 2011, the active QQ users accounts for QQ IM amounted to 711.7 million while its peak concurrent users reached 145.4 million. The development of Tencent has profoundly influenced the ways hundreds of millions of Internet users communicate with one another as well as their lifestyles. It also brings possibilities of a wider range of applications to China's Internet industry.

DigitalGlobe is a registered trademark of DigitalGlobe.

Safe Harbor Statement
Our reports, filings, presentations and public announcements may contain or incorporate 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 "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words.

Any forward-looking statements are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward looking statements, including: the loss, reduction or change in terms of any of our primary contracts; the loss or impairment of our satellites; delays in the construction and launch of WorldView-3; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

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. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Add to Digg Bookmark with del.icio.us Add to Newsvine





Review Article Be the first to review this article

DigitalGlobe

Featured Video
Jobs
Currently No Featured Jobs
Upcoming Events
Defence Geospatial Intelligence Conference at QEII Conference Centre London London United Kingdom - Jan 19 - 21, 2015
International Workshop on Spatial Data & Map Quality at Old University Valletta Malta - Jan 20 - 21, 2015
2015 Geodesign Summit, January 22-23, 2015 Redlands, CA at Esri Headquarters 380 New York Street Redlands CA - Jan 22 - 23, 2015
MAPPS Winter Conference at Gran Melia Resort 1000 Coco Beach Blvd. Riio Grande PR - Jan 25 - 29, 2015
Topcon
CADalog.com - Countless CAD add-ons, plug-ins and more.



Click here for Internet Business Systems © 2014 Internet Business Systems, Inc.
595 Millich Dr., Suite 210, Campbell, CA 95008
+1 (408) 850-9202 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and EngineeringEDACafe - Electronic Design AutomationTechJobsCafe - Technical Jobs and Resumes	MCADCafe - Mechanical Design and EngineeringShareCG  - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy