DigitalGlobe operates three imaging satellites: Worldview I, Worldview II, and QuickBird. These satellites collect the highest resolution commercial imagery of the Earth, and offer the largest image size, and greatest on-board storage capacity and resolution compared to any other commercial satellite imagery available today.
The market has become increasingly aware of the advantages of navigation and Global Positioning System (GPS) tools, especially for vehicle navigation systems. These tools include both built-in systems and Personal Navigation Devices (PNDs), which are handheld devices that users can carry with them and use in their vehicles. Industry analysts estimate that sales of PNDs will grow from approximately 14 million units in 2006 to approximately 56 million units in 2011. As the demand for these personal navigation devices continues to grow, so does the need for better quality images covering more parts of the world.
Columbus is a rapidly growing player in the geographic imaging systems and navigation industry. The company's leading product, Ranger, is a cutting-edge navigation software package providing location-based, GPS mapping, navigation, and information solutions for the off-road environment.
"High-quality mapping images are an essential component of any effective navigation system. Access to DigitalGlobe's advanced images will enable us to dramatically improve the scope and quality of the Ranger," says Columbus CEO, Tsvika Freidman. "We are determined to maintain our position as a leading player in the world of navigation systems and are very excited to partner with DigitalGlobe to enable us to maintain and enhance this position."
About Columbus Geographic Systems
Columbus Geographic Systems (GIS) Ltd. is a rising player in the field of geographic information systems (GIS) and navigation applications. The Company brings advanced software capabilities to a wide range of users and devices, previously only accessible to trained professionals on dedicated devices.
-- Highly-effective off road, outdoor GPS navigation tools, working on a full range of devices including Car PC, PDA, and Personal Navigation Devices (PND), with options for 3D imaging.
-- Innovative, affordable GIS tools easily used in a range of applications, including businesses, agriculture, surveys, and government agencies.
-- Aerial GIS applications for military and civilian aircraft operating in complex or threatening environments.
For more information, please visit www.columbusgis.com .
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties.
There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Web site: http://www.columbusgis.com/