$2 Million Contract Awarded to Intermap Technologies from Leading Energy Company

Posted by Rich Mohr

Dec 31, 2010 9:00:00 AM

Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, today announced receipt of a USD $2 million contract for high-resolution digital elevation models to a large producer of natural gas in the United States. The client will take delivery of the Company’s NEXTMap USA countrywide multi-client data library in January. This contract award marks the next significant step in the successful penetration in the energy sector. Multiple sales of elevation data have been made to oil and gas, natural gas, wind power, and solar companies following the completion of the NEXTMap USA data set. 

The Company will deliver its NEXTMap USA data via a managed account service established on the client’s behalf. The managed account provides the customer with online, as-needed access to digital surface models (DSMs) that include cultural features (such as vegetation, buildings, and roads) and digital terrain models (DTMs) that display the bare earth (with all cultural features digitally removed). 

"Not only is the client pleased with the high quality of our data and the timeliness of our initial delivery,” said David Cunningham, Intermap’s senior vice president of global sales and marketing, “but the ease of access afforded them by our web enabled managed account service option will ensure they have all the data they need, where and when they need it.”


About Intermap Technologies
Intermap (TSX: 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 and the Company’s contract mapping services is growing as commercial applications emerge within the GIS, federal & civil government, national mapping, defense and intelligence, automotive, insurance risk assessment, wireless telecommunications, and cloud-based web services markets. 

Headquartered in Denver, Colorado, Intermap has offices in Calgary, Jakarta, Munich, and Prague. For more information, visit www.Intermap.com or www.NEXTMap.com.
 

For more information, please contact: 
Intermap Technologies
Nigel Jackson, Interim Chief Financial Officer 
njackson@intermap.com 
+1 (303) 708-0955

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Topics: Professional Services

$12.4 Million Contract Awarded to Intermap Technologies for Digital Map and Image Data

Posted by Rich Mohr

Dec 29, 2010 10:00:00 AM

DENVER: Intermap Technologies today announced that it received a USD $12.4 million contract to provide 3D digital elevation models and orthorectified radar images as part of a National Spatial Data Infrastructure (NSDI) program to update the client’s current 1:50,000-scale base map. The geospatial data will be used for topographic map production to manage sustainable forestry projects and to support other local infrastructure needs. 

Under the terms of the agreement, Intermap will begin collecting the data in January 2011 via interferometric synthetic aperture radar (IFSAR). Prior to data delivery, Intermap will also provide training to the client on the creation of topographic maps.. The Company’s airborne IFSAR data collection system was chosen as the best option for collecting data in rugged areas obscured by prevailing cloud cover.  

“Our ability to quickly collect high-resolution elevation data and images in remote regions of the world continues to provide value for our geospatial customers,” commented Todd Oseth, president & CEO for Intermap Technologies. “This contract demonstrates the confidence our customers have in our technical expertise, ability to execute and deliver, and mapping products we provide in the custom-collection mapping services industry.”   

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, Jakarta, Munich, Prague, and Washington D.C. 

For more information, visit www.Intermap.com. NEXTMap® is a registered trademark of Intermap Technologies Corporation.

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Topics: Professional Services

France’s National Mapping Agency Licenses NEXTMap France Map Data from Intermap Technologies

Posted by Rich Mohr

Dec 16, 2010 8:30:00 AM

December 16, 2010 – DENVER – Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, today announced a USD $804,518 contract with the national mapping agency of France, the Institut Géographique National (IGN). The Company will supply IGN with digital terrain models (DTMs), generated as part of its completed NEXTMap Europe countrywide mapping program, for portions of southeastern France and the entire island of Corsica (approximately 30,000 km2 total) to improve its altimetric database in these regions. 

Intermap won a 2008 IGN-tender to provide DTM data for the French Alps after a rigorous validation of the Company’s methodology for creating DTMs in mountainous areas was conducted by IGN. Today’s announcement further supports IGN’s plan to upgrade its national geospatial database for France and calls for the provision of INSPIRE-compliant metadata along with the DTMs – scheduled for delivery beginning December 2010. 

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Topics: NEXTMap

Richard Mohr Returns to Intermap Technologies as Chief Financial Officer

Posted by Rich Mohr

Dec 14, 2010 8:00:00 AM

DENVER: Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, today announced Richard Mohr will rejoin the organization as chief financial officer and senior vice president effective January 1, 2011. Richard had previously worked for Intermap from 2003 until 2010 and served as the Company’s chief financial officer during that period. 

“Richard’s return to Intermap is well timed and he has kept abreast of the Company’s operations, financial status, and restructuring efforts since his departure earlier this year,” said Todd Oseth, president & CEO for Intermap Technologies. “Most importantly, having served with the Company previously for more than 7 years, Richard is thoroughly familiar with Intermap’s financial operations, capitalization, investor base and the NEXTMap opportunity. His background and expertise, both within the industry and the Company, will be extremely valuable for us moving forward. Intermap’s board of directors feel Mr. Mohr’s previous tenure provides the experience and product familiarity necessary to ensure the successful fiscal transition from an engineering and production company to a customer- and market-driven organization. Additionally, I am personally pleased to work with Richard again as he served in the CFO capacity for several years at two previous companies that I was a part of,  DataPlay, Inc. and Ramtron International Corporation.”   

“I’m excited at the opportunity to rejoin the Intermap team and help move the company forward at this juncture in its history,” commented Richard Mohr, Intermap’s new chief financial officer. “I remain optimistic about the tremendous opportunities that are available to the Company and the value that can be created for our customers and investors.”  

Intermap’s current interim CFO, Nigel Jackson, will resume his position as President Director, PT ExsaMap Asia. 

For more information, please contact:

Intermap Technologies
Nigel Jackson, Interim Vice President & Chief Financial Officer
njackson@intermap.com 
+1 (303) 708-0955

Canada – Financial 
Corbet Pala, Investor Relations 
E-vestor Communications Inc. 
cpala@evestor.com

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Topics: Board of Directors

Intermap Technologies Appoints Todd Oseth as President and CEO

Posted by Rich Mohr

Dec 9, 2010 8:00:00 AM

DENVER – Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, today announced that Todd Oseth has joined the Company, effective December 06,2010, as its president and chief executive officer.  Mr. Oseth has been appointed to drive the monetization of Intermap’s valuable NEXTMap database and its associated products and services offerings, advancing Intermap’s transition to a customer- and market-driven organization. 

An accomplished executive, Mr. Oseth brings a wealth of experience to Intermap having successfully led several companies through extensive change – most recently as president and CEO of Neterion, a leader in I/O virtualization.  In early 2010, he facilitated the successful acquisition of the company by Exar Corporation. 

From Fortune 500 companies to start-ups, Todd Oseth’s 30 years of leadership at technology companies  has encompassed the aspects of product management, sales, marketing, engineering, and operations in the network, computing, and data storage industries.  Mr. Oseth replaces Howard Nellor, a member of the board of directors, who has been interim CEO since August of this year.

“Todd brings strong leadership skills, broad functional experience, and a reputation for exceeding expectations to the Company.  The board of directors is extremely pleased to acquire such a high caliber candidate.” stated Mr. Nellor.  “Todd’s track record for leading transitional companies to success makes him the right person for Intermap at this time.”

“I’m excited to join Intermap at this stage in the Company’s development,” stated Mr. Oseth. “The talented team at Intermap has built a very unique and valuable asset and I see great opportunity for the Company.  We have the foundation and the people for outstanding products and services to meet the needs of customers across a broad range of industries and geographies.  The potential value is extraordinary.”

Prior to leading Neterion, Mr. Oseth was CEO of ColdStor Data and chief operating officer of McData, before they were acquired by Brocade. There, Mr. Oseth implemented new product strategies to expand addressable markets, increased channel revenues, and doubled the company’s revenue through acquisition and integration.  As an executive at Storm Venture Capital and Sun Capital Partners where he helped rebuild and sell capital assets.  Mr. Oseth also served as vice president of software infrastructure for EMC Corporation where he grew revenue to deliver a profitable software business by expanding  high-availability software revenue through new operating systems and services.  Prior to EMC, Mr. Oseth held a number of executive roles including senior vice president of DataPlay, Inc., CEO of Accent Software, and vice president of Sony Information Technology, where he brought the Sony VAIO computer line to market in 1995.

About Intermap Technologies
Intermap (TSX: 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 and the Company’s contract mapping services is growing as commercial applications emerge within the GIS, federal & civil government, national mapping, defense and intelligence, automotive, insurance risk assessment, wireless telecommunications, and cloud-based web services 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 or www.NEXTMap.com.


Other companies and products mentioned herein may be trademarks or registered trademarks of their respective trademark owners 

For more information, please contact: 
Intermap Technologies
Howard Nellor, Interim President & CEO
+1 (303) 708-0955

Canada – Financial 
Corbet Pala, Investor Relations 
e.vestor Communications Inc.
cpala@evestor.com 
+1 (416) 657-2400 

United States – Financial 
Budd Zuckerman, Investor Relations
Genesis Select Corporation
bzuckerman@genesisselect.com
+1 (303) 415-0200

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Topics: Board of Directors

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