Pixxures Canada Changes Name To "Valtus Imagery Services"

Calgary, Alberta, February 23, 2004 – Calgary-based Pixxures Canada, Inc. announced today that it has changed its corporate name to Valtus Imagery Services Ltd. effective immediately. Valtus is the largest private digital imagery distributor in Canada, providing on-line imagery services to thousands of customers in North America.

“Valtus was selected as the name for the new corporation from the Latin roots volatus and altus, symbolizing a view from above”, says Larry Herd, Vice President of Valtus. “This new name properly reflects the strength and depth of our new data acquisition and distribution capabilities for the benefit of our industrial and government clients in Western Canada. Over the next several weeks, we will be announcing a number of new data partners and distribution channels for our data and services that will better serve our customer base.”

About Valtus

Valtus Imagery Services partners with a number of leading data suppliers to provide customers with the most recent and accurate imagery solutions available. As a result of its acquisition by North West Geomatics from Pixxures, Inc, of Denver, CO on January 16th, 2004, Valtus holds the largest private database of rectified orthophoto and LiDAR data in Canada.

Valtus has developed a number of proprietary Internet-based data and e-commerce systems for the on-line delivery of imagery products to its customers. The company serves a broad base of markets including telecommunications, oil and gas, real estate and governments through a network of reseller channels. Valtus continues to provide Pixxures, Inc. with consulting services to ensure continuity with their customers.

About North West Geomatics

North West Geomatics is one of the leading aerial data acquisition firms in North America and operates four aircraft from its Calgary head office location. It was the first North American firm to acquire the new Leica ADS40 aerial digital camera to augment its suite of Leica RC-30 film cameras. Additionally, North West utilizes the Leica ALS40 LiDAR system for its digital terrain modeling requirements.

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