DENVER - August 6, 2010 Intermap Technologies Corporation ("Intermap" or the "Company") (TSX: IMP.TO) announced today that, by mutual agreement with the Intermap board, Brian L. Bullock will be stepping down as the Company’s president and chief executive officer. He will be succeeded by fellow director Howard J. Nellor, who will serve as an interim president and chief executive officer until the board completes a currently ongoing executive search. Mr. Bullock will remain chairman of the board of directors and, in that capacity, will remain engaged with Intermap’s strategic initiatives and major sales as well as providing Mr. Nellor assistance with the transition.
Larry G. Garberding, the Company’s lead independent director said, “The board of directors would like to thank Brian for his service as CEO. He was the animating force in the Company’s formation and has been its guiding light ever since. In particular, the board is grateful for the enormous competence he demonstrated over the past six years at the difficult and complex task of managing the creation of the extraordinary NEXTMap database. Completed last month, on time and under budget, it will be a benefit to every citizen in the countries it covers.”