Intermap Completes Conversion of Convertible Note

Posted by Rich Mohr

Aug 30, 2013 8:30:00 AM

DENVER, August 30, 2013 - Intermap (TSX: IMP), (ITMSF:BB), a leading provider of geospatial solutions on-demand created from its uniform, high-resolution 3D digital models of the earth’s surface, today announced that the Company has completed the second and final tranche of the conversion into common shares ("Common Shares") of its US$2,500,000 convertible note (the "Note"), originally issued on June 27, 2012, by way of a private placement (the "Note Financing").  For additional information regarding the Note Financing, please refer to the Company's press releases dated June 28, 2012, and July 3, 2013, and to its quarterly and annual financial statement filings.
Post-conversion, the Company will have 92,139,499 common shares outstanding.

About Intermap Technologies 

Headquartered in Denver, Colorado – Intermap (www.intermap.com) is an industry leader in geospatial solutions on demand. Through its powerful suite of 3DBI applications and proprietary development of contiguous databases that fuse volumes of GIS data into a single source, Intermap is able to provide location-based solutions for customers in diverse markets around the world that solve today’s complex geospatial challenges. 

Investor Relations contact: 
 
Cory Pala
416.657.2400 | Cory.Pala@evestor.com
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Topics: Financial Results

Intermap Delivers Increased Value with NEXTMap World 30 v2.0

Posted by Rich Mohr

Aug 21, 2013 9:30:00 AM

Elevation Data Integrates Seamlessly with Intermap’s Orion Platform

DENVER – August 21, 2013 (TSX: IMP) – Intermap Technologies® today announced the availability of NEXTMap® World 30 v2.0, the world’s most accurate global terrain product. NEXTMAP World 30 v2.0 is available for license via an Application Programming Interface (API) or via Intermap’s cloud-based WebStore™. This latest version of the NEXTMap World 30 product is up to three times more accurate than competing global Digital Elevation Models (DEM) such as NASA’s Shuttle Radar Topographic Mission (SRTM) data and Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) Global Digital Elevation Model (GDEM). It integrates seamlessly with Intermap’s recently announced Orion Platform and provides a foundation data layer for the Company’s web-based 3D Business Intelligence (3DBI®) applications. 

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Topics: NEXTMap

Intermap Reports 2013 Second Quarter Financial Results

Posted by Rich Mohr

Aug 12, 2013 8:00:00 AM

Year-over-year consolidated revenue increases 11% to $8.9M
Net income of $0.2M 
Adjusted EBITDA of $2.2M
Continued trend of positive financial performance
 

DENVER – August 12, 2013 (TSX: IMP) – Intermap Technologies Corporation (“Intermap” or the “Company”), a leading provider of geospatial solutions on-demand created from its uniform, high-resolution 3D digital models of the earth’s surface, today reported financial results for the second quarter ended June 30, 2013. A conference call will be held today, August 12th, at 4:30 p.m. Eastern Time to discuss the results. 

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Topics: Financial Results

Intermap Announces $3.5 Million Mapping Services Solutions Contract

Posted by Rich Mohr

Aug 6, 2013 9:00:00 AM

DENVER, August 6, 2013 - Intermap (TSX: IMP), (ITMSF:BB), a leading provider of geospatial solutions on-demand created from its uniform, high-resolution 3D digital models of the earth’s surface, today announced that the Company was awarded a US $3.5 million contract for an airborne radar mapping services solution. 

Intermap is using its proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology to collect orthorectified radar imagery and high resolution elevation data to enhance the customer’s existing geospatial map database. This new dataset will be used for improved disaster planning, resource management, security interests, and infrastructure planning. The project is scheduled to commence immediately and the final deliveries of the dataset are expected to be substantially complete by the end of the first quarter 2014. 

“Because of its unique capabilities, Intermap’s IFSAR radar mapping technology is considered to be the best and most reliable approach for the customer’s requirements,” said Todd Oseth, president and CEO of Intermap. "Intermap’s unique solutions approach was a key component for this contract win. We began the process by first understanding the customer’s specific requirements. We were then able to showcase Intermap’s unique capabilities and combine the customer’s strategic requirements to create a viable solutions plan. We believe this approach will help to develop an ongoing, long- term relationship with this customer.” 

About Intermap Technologies 

Headquartered in Denver, Colorado – Intermap (www.intermap.com) is an industry leader in geospatial solutions on demand. Through its powerful suite of 3DBI applications and proprietary development of contiguous databases that fuse volumes of GIS data into a single source, Intermap is able to provide location-based solutions for customers in diverse markets around the world that solve today’s complex geospatial challenges. 
Investor Relations contact: 

Cory Pala 
416.657.2400 | Cory.Pala@evestor.com 

Intermap Reader Advisory 

Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. You can find a discussion of such risks and uncertainties in our Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law. 
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Topics: Professional Services

Intermap Technologies 2013 Second Quarter Conference Call Notice

Posted by Rich Mohr

Aug 2, 2013 8:00:00 AM

DENVER – August 2, 2013 (TSX: IMP) - Intermap Technologies Corporation issued notice today that it will release its 2013 second quarter financial results following the close of markets on Monday, August 12, 2013. 

A conference call to review the results will take place the same day at 4:30pm ET (2:30pm MT). To participate in the call, please dial +1-416-764-8609 or 1-888-390-0605 approximately 10 minutes prior to the conference call and provide conference ID 65329895. A recording of the conference call will be available through August 30, 2013. Please dial +1-416-764-8677 or 1-888-390-0541 and provide pass code 329895 to listen to the rebroadcast. The call will also be available on Intermap’s website at http://www.intermap.com/en-us/investors.aspx for replay. 

About Intermap Technologies 

Headquartered in Denver, Colorado - Intermap (www.intermap.com) is an industry leader in geospatial solutions on demand. Through its powerful suite of 3DBI applications and proprietary development of contiguous databases that fuse volumes of GIS data into a single source, Intermap is able to provide location based solutions for customers in diverse markets around the world that solve today’s complex geospatial challenges. 
Investor Relations contact: 

Cory Pala 
416.657.2400 | Cory.Pala@evestor.com
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Topics: Financial Results

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