Intermap Technologies Provides Progress Update on Previously Announced US$125M Letter of Award

Posted by Rich Mohr

Dec 31, 2015 7:00:00 AM

DENVER, December 31, 2015 - Intermap Technologies Corporation (“Intermap” or the “Company”) (TSX:IMP), (ITMSF:BB), a leading provider of location-based solutions, is pleased to provide a progress update on the previously announced letter of award for an Orion Platform® spatial data infrastructure program (the “SDI Program”).

In a news release dated September 29, 2015, Intermap disclosed expectations for finalizing the definitive agreements underlying the SDI Program during the fourth quarter of 2015, but was unable to provide exact timing. Intermap is pleased to advise that it continues to make progress toward finalization of the definitive agreements, however, due to the nature and complexity of the transactions and the fact that certain remaining contractual elements are outside of the Company’s control, Intermap remains unable to provide a specific closing date at this time.

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Topics: New Customer, Big Data, Orion Platform

Intermap Receives $2.4M Follow-on Orders for Archived Data and Professional Services Work

Posted by Rich Mohr

Dec 7, 2015 8:27:34 AM

DENVER, December 7, 2015 - Intermap (TSX: IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced that the Company has received three new orders totaling approximately $2.4 million for archived NEXTMap® data and professional services work.

Intermap’s NEXTMap foundation data provides the framework necessary for governments and businesses to make informed decisions and find intelligent solutions to their planning challenges. The Company’s professional services are designed to maximize an organization’s existing data investment. These services include the merging of disparate data into one homogeneous data specification (data fusion), and the engineering of alternative sensor data into value added products.

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Topics: NEXTMap

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