Intermap Technologies Announces $1.57 Million Contract for Geospatial Elevation Data

DENVER, May 4 /PRNewswire/ -- Intermap Technologies Corp. today announced that it has been awarded a $1.57 million contract to provide elevation and geospatial data from the company's NEXTMap USA and NEXTMap International data collection. Under the agreement, the company will perform work and deliver radar imagery and elevation products over the next twelve months.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060403/LAM068LOGO )

A majority of the data comes from the company's NEXTMap USA dataset, comprised of recently collected areas of the country, including the Hawaiian Islands. The data will include digital surface models (DSMs), digital terrain models (DTMs), and orthorectified radar imagery (ORI).

"Intermap is pleased to announce another major licensed sale of our NEXTMap data," commented Brian Bullock, president and CEO of Intermap Technologies. "Through our NEXTMap program, the client is able to immediately utilize the highly accurate elevation datasets from our NEXTMap database at affordable prices. The NEXTMap program creates an economy of scale allowing multiple clients to license elevation data over time, thus distributing and reducing acquisition costs for customers."

About Intermap Technologies

Intermap enables customers to facilitate better decision-making and create applications for numerous commercial, governmental, military, and consumer products through the purchase of high quality and affordable elevation datasets. The company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap, consisting of highly accurate digital topographic maps that include elevation data.

Demand for NEXTMap data is growing as new commercial applications are emerging, including geographical information systems (GIS), engineering planning, transportation, automotive, navigation, flood, irrigation, environmental management and planning, telecommunications/wireless network planning, aviation, simulation, and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. Datasets are also used to add interactive intelligence to airborne and satellite imagery.

Headquartered in Denver, Colorado, Intermap employs more than 250 people worldwide, with offices in Calgary, Ottawa, Munich, and Jakarta. Intermap traded on the TSX under the symbol IMP. For more information, visit www.intermap.com.

    Contacts:

    Intermap Technologies
    Kevin Thomas, Vice President, Marketing
    
Email Contact
    (303) 708-0955

    Canada -- Financial
    Corbet Pala, Investor Relations
    E-vestor Communications Inc.
    
Email Contact
    (416) 657-2400

    United States -- Financial
    Budd Zuckerman, Investor Relations
    Genesis Select Corporation
    
Email Contact
    (303) 415-0200

CONTACT: Kevin Thomas, Vice President, Marketing of Intermap Technologies,
+1-303-708-0955, Email Contact; or Canada -- Financial, Corbet Pala,
Investor Relations of E-vestor Communications Inc., +1-416-657-2400,
Email Contact, for Intermap Technologies Corp.; or United States --
Financial, Budd Zuckerman, Investor Relations of Genesis Select
Corporation, +1-303-415-0200, Email Contact, for Intermap
Technologies Corp.

Web site: http://www.intermap.com/


Rating:
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Review Article
  • October 09, 2008
    Reviewed by 'JoePublic'
    Article does not indicate who is acquiring the data or what they will use it for. Assumption is that it's for DOD. If private or classified use, the article should state so.

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