Under the terms of the contract, Intermap will deliver high-resolution 5-meter posted / 1-meter vertical accuracy bare earth elevation data, 4-foot contours, and Global Mapper software. The data currently resides in the Company's NEXTMap® USA archive and will be delivered incrementally over the next three months. The total value of the contract is $437,000.
The highly accurate 3D data will become the county's base map, enabling it to precisely orthorectify aerial imagery and perform geospatial projects throughout the county (one of the fastest-growing counties in the state of California) for years to come. Additionally, the value derived to support SAWPA initiatives within the county are vital as the organization works toward protecting the water quality of the Santa Ana River watershed.
“We are pleased with Riverside County and SAWPA's decision to utilize our NEXTMap® USA off-the-shelf data for such an important project,” commented Garth Lawrence, senior vice president of operations for Intermap Technologies. “Using our high-quality digital elevation data is the most cost-effective method of obtaining accurate wide-area elevation data available. This will prove to be a tremendous benefit for the taxpayers of the region as the county moves forward on solving the challenge of supplying sufficient high-quality water for its growing population.”
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 3D geometric datasets. The Company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap®, consisting of highly accurate digital geometric 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 400 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, and Prague. For more information, visitwww.intermap.com.
Contacts:
Intermap Technologies
Richard Mohr, Senior Vice President & Chief Financial Officer
rmohr@.intermap.com
(303) 708-0955
Canada — Financial
Corbet Pala, Investor Relations
E-vestor Communications Inc.
cpala@evestor.com
(416) 657-2400
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Budd Zuckerman, Investor Relations
Genesis Select Corporation
bzuckerman@genesisselect.com
(303) 415-0200
UK - Canaccord Adams Limited
Neil Johnson
Clayton Bush
+(44) (0) 207 518 2777