ImageTree, GeoEye and MJ Harden Sign Agreements to Develop Cost-Effective Forest Inventory Solutions

MORGANTOWN, W. Va. — (BUSINESS WIRE) — July 1, 2009 — ImageTree Corporation has signed agreements with GeoEye, Inc., and MJ Harden Associates, Inc., enabling the three companies to cooperatively create, market, sell and deliver commercially viable, management inventory solutions to the forestry industry.

GeoEye and its wholly owned subsidiary MJ Harden are premier, complementary providers of timely, accurate and accessible location intelligence, products and services.

“Under a teaming agreement, ImageTree drives the marketing and proposal phases of any collaborative project,” said ImageTree Executive Vice President George Fulton, who is the ImageTree executive responsible for agreement oversight.

“GeoEye and MJ Harden work closely with us to ensure that we leverage their developing technologies, which not only improve the accuracy and precision of our products, but also provide more efficient data and imagery acquisition and processing, resulting in cost savings for our customers,” he continued.

In the project phase, Fulton added, “We collaborate to customize a remote-sensing solution for each project that meets all agreed-to quality-assurance requirements for both collection and processing.”

A separate master services agreement, he said, calls for MJ Harden to provide LiDAR, CIR and other specialized imagery collection services, in addition to data conversion, application development, and other services, as required.

“Projects are completed on a contract basis and could require use of GeoEye’s satellites, MJ Harden’s fixed-wing aircraft or both — for either imagery or data collection,” explained Fulton. “With these agreements – which provide easy access to multi-sensor data – a full range of options are available to best serve clients on a case-by-case basis.”

“GeoEye and MJ Harden are teaming with ImageTree because of their expertise in using remote-sensing information; combined with field measurements inputs, automated software and advanced mathematics, to develop accurate forestry inventories,” said Joel Campbell, senior director of product management at GeoEye.

Campbell added, “Our expertise is in the capture and processing of exceptional quality information products, services and solutions, including imagery suitable for forest management applications, and ImageTree’s expertise is in the development of remote-sensing systems that are necessary to facilitate visual analytics and feature extraction. The combined resources make this a powerful partnership for offering forest management companies innovative solutions,” he said.

About ImageTree Corporation

ImageTree Corp. is a forestry-technology-solutions company with a patented technology platform which combines remote sensing, field inputs, automated software and advanced mathematics to provide a comprehensive view of a forest, down to every visible tree crown. Known as “the precision forestry company,” ImageTree uses its precise baseline assessments of forest assets, including biodiversity and carbon-stock assessments, to create valuable forest-management information, then reformats the data to create management tools that enable recommendations for more profitable forest management. Please visit www.imagetreecorp.com

About GeoEye, Inc.

GeoEye’s products and services enable timely, accurate, and accessible location intelligence. Recognized as one of the geospatial industry's most trusted imagery experts, GeoEye [NASDAQ: GEOY] has developed an advanced information technology infrastructure for collecting, receiving, processing and distributing imagery information products and processing services to the U.S. Government, including the national security community and international governments and commercial customers. These products serve such applications as defense and intelligence, precision mapping, on-line mapping, infrastructure development, planning and monitoring, and environmental assessment. The company collects tens of millions of square kilometers of imagery per year with its satellites and aerial assets, which include GeoEye-1, the world’s highest resolution commercial imaging satellite. Headquartered in Dulles, Va., GeoEye maintains a comprehensive Quality Management System and has achieved companywide ISO accreditation. Please visit www.geoeye.com

About M.J. Harden Associates, Inc. (MJ Harden)

MJ Harden, a wholly owned subsidiary of GeoEye, offers a range of geospatial products and services to help customers efficiently develop and manage Geographical Information Systems (GIS), and to support engineering and development, documentation and resources inventory applications. An ISO 9001:2000 certified business, MJ Harden offers high-quality photogrammetry and geospatial technology services, including image acquisition, photogrammetric mapping, GIS consulting and implementation, and mobile data solutions. Founded in 1956, the company is located in Mission, Kan. Please visit www.mjharden.com

Note: ImageTree, ForestSense, and The Precision Forestry Company are trademarks of ImageTree Corporation. The names of other actual companies, organizations and/or products/services mentioned herein may be the trademarks of their respective owners.



Contact:

For ImageTree Corp.
Rick Sacks, 973-467-8728
Email Contact




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