DENVER-- In response to comments made by the Company in its 2011 first quarter conference call, Intermap (TSX: IMP) clarifies that it is not currently in receipt of any formal or informal bids regarding the sale of the Company. The exploration of strategic alternatives to realize the value of the NEXTMap database and its unique 3D data collection and processing systems is ongoing.
Intermap® is a worldwide leader in providing geospatial solutions that allow customers to make better terrain-based decisions. By providing the best-of-breed 3D terrain products and geospatial services, Intermap® enables many industries to build a wide variety of innovative geospatial applications and efficiently perform analyses.
Contacts
Intermap Technologies
Rich Mohr, Senior Vice President and Chief Financial Officer
rmohr@intermap.com
+1 303-708-0955
Canada – Financial
e.vestor Communications Inc.
Cory Pala, Investor Relations
cpala@evestor.com
+1 416-657-2400
United States – Financial
Genesis Select Corporation
Budd Zuckerman, Investor Relations
bzuckerman@genesisselect.com
+1 303-415-0200