Automobile industry statistics show that more than 40,000 people per year die in automobile crashes, according to U.S. national statistics published in 2005. Over the years, a lot has been done to improve vehicle occupant safety with the installation of seat belts, airbags, reinforced structures to control crush zones, and other safety advancements. However, next-generation safety systems using high-precision 3D road vectors can provide vehicles with precise knowledge of the road ahead to anticipate potentially dangerous situations, thereby helping reduce the number of serious injuries and fatalities.
Intermap’s 3D road vectors can enable systems that alert drivers of upcoming curves and hills and are a critical element in the development of predictive headlights that automatically follow the road by physically turning into curves and up and down according to the change in grade. Precision road vectors can also provide advanced knowledge of the road ahead to automatically adjust engine and drive-line control units to increase fuel efficiency or extend the range of electric power sources in hybrid vehicles.
The Denver-based Company’s new office in Auburn Hills is located adjacent to Oakland Community College’s Auburn Hills campus, and south of the Chrysler Technology Center. Intermap’s new Detroit-area satellite office will allow the Company to better serve its domestic- and Asian-based automotive partners.
“The company is committed to helping the industry through advanced technologies that allow automobile manufacturers to improve fuel efficiency and future generation vehicle safety systems. Our Detroit and Munich offices enable our customers to receive the highest level of service while benefiting from the most advanced 3D road product in the industry,” said Eric DesRoche, senior vice president of automotive and consumer electronics for Intermap.
“Traditional two-dimensional paper or digital maps provide only vague information on elevation changes that drivers will encounter on hills and mountains. However, our NEXTMap® 3D road vectors provide accurate elevation and imagery information that can be used to aid improved driver safety systems and help the environment by preserving fuel,” DesRoche continued.
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 is proactively remapping entire countries and building uniform national databases, 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, personal navigation device, insurance risk assessment, oil and gas, hydrology, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets.
Headquartered in Denver, Colorado, Intermap employs approximately 800 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, Prague, and Washington D.C. For more information, visit www.Intermap.com.
NEXTMap® is a registered trademark of Intermap Technologies Corporation.
Intermap Reader Advisory
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate," "expect," "project," "estimate," "forecast" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. You can find a discussion of such risks and uncertainties in our Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
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