DENVER (June 18, 2010): Intermap Technologies today announced that it has received a USD $1.9 million contract to provide 3D digital elevation data and orthorectified radar imagery for an international project. The Company's client will use the geospatial data for topographic map production, 3D visualization, and resource management.
Intermap will deliver NEXTMap data to the customer from its multi-client data library (MCDL). The customer will immediately receive a majority of the digital surface models (DSMs) that include cultural features (such as vegetation, buildings, and roads), digital terrain models (DTMs) that display the bare earth (with all cultural features digitally removed) and orthorectified radar images (ORIs) corrected to remove normal geometric distortions (grayscale images that accentuate topographic features). The remaining elevation models and images will be delivered over the coming months.
"The immediate availability of our NEXTMap data in this region of the world is a real plus for our customers," commented Brian Bullock, president & CEO for Intermap Technologies. "We are continuing to deliver extreme value to customers who receive high-quality products that enable them to immediately solve their pressing needs."
About Intermap Technologies
Intermap (IMP.TO) is a preeminent digital mapping and geospatial solutions provider that has set the industry standard for creating uniform high-resolution 3D digital models of the earth's surface. The Company has proactively remapped entire countries and built uniform national databases, called NEXTMap®, consisting of affordably priced elevation data and geometric images of unprecedented accuracy. Demand for NEXTMap data is growing as new commercial applications emerge within the GIS, engineering, automotive, GPS maps, insurance risk assessment, oil and gas, hydrology, renewable energy, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets.
Headquartered in Denver, Colorado, Intermap has offices in Australia, Calgary, Detroit, Jakarta, London, Munich, Prague, and Washington D.C.
For more information, visit www.Intermap.com. NEXTMap® is a registered trademark of Intermap Technologies Corporation.
For more information, please contact:
Brian Musfeldt, Vice President & Chief Financial Officer
+1 (303) 708-0955
Canada — Financial
Corbet Pala, Investor Relations
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