The geospatial data being collected and delivered will be generated using the Company's Interferometric Synthetic Aperture Radar (IFSAR) technology aboard one of the Company's five aircraft. Under the agreement, Intermap will process and deliver the data during the fourth quarter of 2007.
About Intermap Technologies
Intermap enables customers to facilitate better decision-making and create applications for numerous commercial, governmental, military, and consumer products through the purchase of high quality and affordable 3D geometric datasets. The Company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap(R), consisting of highly accurate digital geometric maps that include elevation data.
Demand for NEXTMap(R) data is growing as new commercial applications are emerging, including geographical information systems (GIS), engineering planning, transportation, automotive, navigation, flood, irrigation, environmental management and planning, telecommunications/wireless network planning, aviation, simulation, and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. Datasets are also used to add interactive intelligence to airborne and satellite imagery.
Headquartered in Denver, Colorado, Intermap employs more than 400 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, and Prague. For more information, visit www.Intermap.com.
Richard Mohr, 303-708-0955
Senior Vice President & Chief Financial Officer
Canada – Financial:
E-vestor Communications Inc.
Corbet Pala, 416-657-2400
United States – Financial:
Genesis Select Corporation
Budd Zuckerman, 303-415-0200
UK - Canaccord Adams Limited
Neil Johnson, +(44) (0) 207 518 2777
Clayton Bush, +(44) (0) 207 518 2777