PCI Geomatics to supply core image analysis software to RapidEye AG.

Richmond Hill, Ontario - June 17, 2004: PCI Geomatics, a leading supplier of image centric Geospatial technology, announced today that it will supply core image analysis software for the RapidEye AG initiative. This relates to an announcement made recently by RapidEye AG of Munich, Germany that it has secured financing for the implementation of a constellation of five Earth Observation satellites, a satellite ground control center and an image processing chain.

"PCI Geomatics has a powerful solution for image processing and their technology is a perfect fit for the RapidEye system," said Dr. Frederik Jung-RothenhTMusler, member of the management team, RapidEye AG.

More about RapidEye AG
Key features of the RapidEye system include: the delivery of up-to-date data with each point on earth capable of being revisited at least once a day; a large imaging capacity of more than 4 million square kilometres per day; and imaging sensors optimized for vegetation monitoring. The system will provide regular, up-to-date information about vegetation status and its changes.

RapidEye will focus on customers in the agricultural sectors - insurance companies, farmers, food producers - and cartography sectors as well as on national and international public entities.

About PCI Geomatics
PCI Geomatics is a leading developer of image-centric geospatial technologies. PCI Geomatics' flagship product, Geomatica, provides Remote Sensing, GIS, Cartography, and Photogrammetry and supports the widest range of spatial data formats in the industry. PCI Geomatics is celebrating over twenty years as an international geospatial solution provider and is recognized for their high value geospatial technology solutions, advanced algorithms, training and customer support.


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