RapidEye Announces Distributor for Mexico and Central America

                        GIS / Earth Observation / Satellite Images / Remote Sensing / Partnership / Distributor

Brandenburg / Havel, Germany - February 23, 2009 - RapidEye, the only geospatial solutions provider to own and operate their own satellite constellation, has reached a contractual agreement with the Mexican company Bufete de Ingeniería en Telecomunicaciones y Sistemas, S.A. de C.V. (B.I.T.S.), to be their sole distributor of satellite imagery in Mexico and Central America. The agreement was signed in Brandenburg, Germany, last week between the CEO of B.I.T.S., Mr. Hector Betancourt and RapidEye's CEO, Mr. Wolfgang G. Biedermann.

Hector Betancourt, CEO of B.I.T.S., said: “We are extremely satisfied to be part of the worldwide team of RapidEye distributors. RapidEye's satellite data will provide our customers in Mexico and Central America with invaluable information about our countries. Due to our country's geographical and meteorological characteristics, we trust RapidEye data will be of vital importance. We are positive about the capacities of RapidEye's satellite system and the quality of their satellite imagery and will contribute to the economic growth of RapidEye in our region.”

“We are very proud to have B.I.T.S. as a dynamic business partner, and we have been talking with them for quite some time. RapidEye is happy that we have a common vision for the partnership of our companies,” commented Michael Prechtel, Head of Marketing and Sales for RapidEye. “We are looking forward to working with Hector and his team. They have a great enthusiasm that should help increase our visibility and boost the sales of our products on that side of the Atlantic.”

A worldwide network of distributors is being assembled by RapidEye to allow their customers easy access to RapidEye in their own language and region. For a full list of RapidEye's distributors, please visit www.rapideye.de/home/about-us/distributors-partners/.

About Bufete de Ingeniería en Telecomunicaciones y Sistemas (B.I.T.S.)

B.I.T.S. is a leading company in the design and implementation of integrated communications. B.I.T.S. counts on more than twelve years of experience and offer the best “end-to-end” solutions in the Mexican network. B.I.T.S. is a 3COM certified sales professional, a Cisco Systems SMB selected partner, and has worked on substantial projects for Citigroup, the Mexican Secretary of National Defense and the Mexican Secretary of the Environment and Natural Resources. B.I.T.S. has recently become the exclusive distributor for RapidEye satellite imagery for the Mexican market and for Central America. For more information please refer to www.gpo-bits.com.mx

About RapidEye AG

RapidEye is an ISO-certified geospatial information provider focused on integrating customized and industry specific solutions into the workflow of global customers in agriculture, forestry, energy, infrastructure, government, security, and emergency. RapidEye experts and the satellite system – a constellation of five satellites capable of downloading over 4 million km² of high resolution, multi-spectral imagery per day, and a ground segment for processing and archiving data – allow for cost-effective customized services. The unique combination of large area coverage, high spatial resolution and the possibility of daily revisit to an area provide for superior management information solutions. Currently, more than 100 experts from more than 20 countries are employed by RapidEye, with plans to grow the team to 140 by early 2009. RapidEye benefits from a public-private partnership with the Space Agency of the German Aerospace Center (DLR), which is supported by the Federal Ministry of Economics and Technology. RapidEye is also cofinanced by the European Regional Development Fund (ERDF). For more information on ERDF please contact Email Contact For more information about RapidEye, please visit www.rapideye.de


Contact:

RapidEye AG
Molkenmarkt 30, 14776
Brandenburg a. d. Havel, Germany
E-mail: Email Contact




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