Euroconsult Award Highlights Company's Vision, Growth and InnovationDULLES, Va., Sept. 8 — (PRNewswire) — GeoEye, Inc. (Nasdaq: GEOY), a premier provider of superior satellite and aerial-based geospatial information and services, announced today it has been named Earth Observation Operator of the Year by Euroconsult.
The award was presented to Matt O'Connell, GeoEye's chief executive officer and president, in Paris during the World Satellite Business Week, the industry's premier event now in its 14th year.
"The Euroconsult awards recognize companies and their leaders who, through their vision, innovation or performance have had a major impact on the satellite industry in the past year," said Pacome Revillon, CEO of Euroconsult. "This tradition at World Satellite Business Week allows these business leaders to celebrate together the winners and the overall success of the industry."
The awards are presented to companies for outstanding achievement in several categories and are based on quantitative data such as performance indicators including EBITDA, revenue and profit growth, subscriber or terminal growth and market penetration; and qualitative data such as innovation, strategic decision making and overall impact on the industry. A jury of industry experts from Euroconsult, Space News and Satellite Finance determines these awards.
"I am very proud to accept this award on behalf of all GeoEye employees, our global partners, customers and investors," said O'Connell. "Our vision is to be the world's best source for location information and insight, so we're honored to receive Euroconsult's prestigious award."
Euroconsult is the leading international consulting and analyst firm specializing in satellite applications, communications, and digital broadcasting. Euroconsult provides strategic consulting and analysis, develops comprehensive research reports and forecasts, and organizes events including the annual World Satellite Business Week, the industry's leading executive-level gathering, including the Symposium for Earth Observation Business ( www.satellite-business.com). With 25 years of experience Euroconsult has over 560 clients in 50 countries, including leaders throughout the satellite industry; satellite operators and service providers; government agencies; satellite manufacturers and launch service providers; equipment providers and integrators; media and broadcasting companies; and banks and investors. The company has completed 500 satellite-related consulting projects. Euroconsult is based in Paris with offices in Montreal and Washington, DC. www.euroconsult-ec.com.
GeoEye, Inc. is a leading international information services company serving government and commercial markets. The Company is recognized as one of the geospatial industry's imagery experts, delivering exceptional quality imagery products, services and solutions to customers around the world. Headquartered in Dulles, Virginia, the Company has over 500 employees dedicated to developing best-in-class geospatial information products and services. GeoEye is a public company listed on the NASDAQ stock exchange under the symbol GEOY. The Company provides support to academic institutions and non-governmental organizations through the GeoEye Foundation ( www.geoeyefoundation.org). Additional information about GeoEye is available at www.geoeye.com.
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This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Without limitation, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "will" and similar expressions are intended to identify forward-looking statements. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future, including statements relating to growth, expected levels of expenditures and statements expressing general optimism about future operating results, are forward-looking statements. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements and those presented elsewhere by our management from time to time are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, but are not limited to, those described in "Risk Factors" included in our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2009, which we filed with the Securities and Exchange Commission ("SEC") on March 12, 2010, and our Quarterly Report on Form 10-Q for the period ended March 31, 2010 and June 30, 2010, which we filed with the SEC on May 10, 2010, and Aug. 9, 2010, respectively. Copies of all SEC filings may be obtained from the SEC's EDGAR web site, http://www.sec.gov/, or by contacting: William L. Warren, Senior Vice President, General Counsel and Secretary, at 703-480-5672.
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