9 Aug, 2005 Denver, Colorado (August 9, 2005): Intermap Technologies Corp., (IMP -TSX) announced today that its wholly-owned subsidiary, Intermap Technologies GmbH, has been awarded a new data acquisition contract in the amount of 1,033,418 Euros (U.S. $ 1.3 million). The contract is for delivery of Intermap's high resolution digital elevation data and radar imagery. Delivery of the product is expected to occur during the third and fourth quarters of calendar 2005.
"This is an important award for the Company as it confirms this new customer's belief in our technology and our ability to deliver accurate and timely data," said Brian Bullock President and CEO of Intermap. "We're confident that we will continue to be an ongoing supplier of high quality products to this new customer in the future as a result of the value and cost-savings provided by Intermap."
Intermap is digitally remapping entire countries, building unprecedented national databases, called NEXTMap, of highly accurate digital topographic maps (including elevation). Customers purchase Intermap's high-quality, low-cost data to facilitate better decision-making for numerous commercial, governmental, military and consumer applications.
Demand for NEXTMap data is growing as new commercial applications are emerging, including geographical information systems (GIS), engineering planning, transportation, automotive, navigation, flood, irrigation, environmental management and planning, telecommunications network planning, aviation, simulation and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. The products are also used to add interactive intelligence to airborne and satellite images.
Headquartered in Denver, Colorado, Intermap employs more than 280 people worldwide, with offices in Calgary, Ottawa, Munich and Jakarta. Intermap is publicly traded on the TSX Toronto Stock Exchange under the symbol IMP. For more information, visit www.intermap.com.
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