CALGARY, Alberta - October 31, 2006 - Intermap Technologies Corporation, (TSX: IMP, AIM: IMAP) issued notice today that it will release its 2006 third quarter financial results after the Toronto Stock Exchange closes on Monday, November 6, 2006.A conference call to review the results will take place the following day, November 7 at 2:00pm EST (12:00pm MST, 7:00pm GMT). Brian Bullock, president and CEO and Richard Mohr, CFO will speak on behalf of the Company. Mr. Bullock and Mr. Mohr will provide an update on the Company's strategies and progress on its NEXTMap business model. A question-and-answer period will follow the review of the financial results. A slide presentation will accompany Intermap's conference call and will be available for download on November 6 at: ftp1.intermaptechnologies.com (copy and paste into your browser). Username and password will be provided in the Q3 results press release.To participate in the call, please dial +1-416-644-3430 or +1-866-250-4892 approximately 10 minutes prior to the conference call. A recording of the conference call will be available through November 14, 2006. For replay, please dial +1-416-640-1917 or +1-877-289-8525 and provide the following password: 21208201#. An audio webcast of the teleconference will also be available on Intermap's website.For further information, please contact:Canada - Financial
Corbet Pala, Investor Relations E-vestor Communications Inc.[email protected] (416) 657-2400 United States - Financial Budd Zuckerman, Investor RelationsGenesis Select Corporation[email protected](303) 415-0200United Kingdom - AIM, Nominated Advisor
Canaccord Adams LimitedNeil JohnsonClayton Bush+(44) (0) 207 518 2777
Denver, Colo. (October 9, 2006): Intermap Technologies Corp. (TSX: IMP.TO, AIM: IMAP.L) today announced that its subsidiary Intermap Technologies GmbH has received a contract from an important international client for geospatial data valued at US$3.7 million. Under the agreement, Intermap will collect, process and deliver the data by the end of 2006.
Contract deliverables include high-resolution digital elevation data and radar imagery generated through Intermap's Interferometric Synthetic Aperture Radar (IFSAR) mapping systems. The client will use the data to orthorectify existing high-resolution satellite imagery for updating regional maps, databases, and future planning.
"We are pleased to have the opportunity to work with this client on this important project," commented Dr. Manfred Krischke, managing director of Intermap Technologies GmbH. "The high accuracy and resolution of our data will prove to be of significant value as the client performs map updates at a scale previously not achievable."
With this contract, Intermap has now announced over $25 million of contracts during 2006 with $20 million originating from contract services work and $5 million originating from NEXTMap multi-client data licensing. During the second half of the year, Intermap has already announced $9.6 million in contract services work and $3.2 million in NEXTMap multi-client data licensing. This increased level of contracting highlights the strength of the Company's underlying global contract services business, which helps to finance the creation of Intermap's NEXTMap databases and also shows an increasing demand for the Company's NEXTMap products.
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 280 people worldwide, with offices in Calgary, Ottawa, Munich and Jakarta. For more information, visit www.intermap.com.
DENVER, Colo, and MUNICH, Germany (October 5, 2006) Intermap Technologies Corp. (TSX: IMP, AIM: IMAP) today announced an agreement with Siemens VDO to jointly develop products to support emerging Intelligent Transportation System (ITS) applications. The development agreement brings together Siemens VDO, a leading provider of innovative automotive systems, and Intermap Technologies, a preeminent mapping company that is proactively creating a worldwide three-dimensional geospatial database called NEXTMap.
This agreement sets the stage for a synergistic relationship integrating Intermap's 3D road vector data, derived from the Company's highly accurate NEXTMap data, into Siemens VDO's map-based predictive automotive applications. Once developed, these applications will deliver functionality and on-board sensors that provide active safety within vehicles to reduce accidents and traffic fatalities.
"Intermap is excited about the opportunity this partnership brings to the table. As one of the world's leading international automotive electronics and mechatronic suppliers, Siemens VDO is an ideal partner for introducing this highly innovative technology," commented Dr. Manfred Krischke, European vice president and managing director of Intermap Technologies GmbH.
As part of the NEXTMap Europe program, Intermap will finish mapping Germany in early 4Q 2006 and the remainder of Western Europe by the end of 2007. The entire U.S. will be mapped concurrently with the European initiative and is scheduled for completion in 2008.
"The automotive industry is continuing its move to digital applications and, as we complete accurate 3D maps for Europe and the U.S., our comprehensive 3D road vector databases will enable future active safety, driver assistance, and navigation systems," commented Eric DesRoche, Intermap's senior vice president of strategic business development. "These databases will enable automotive electronics to predict what lies ahead and alert drivers of impending hazards. Advance predictions of road geometries will be an invaluable component of visualization devices, vehicle fuel performance enhancement systems, and Advanced Driver Assistance Systems (ADAS)."