12 Oct, 2005 Denver, Colorado (October 12, 2005): Intermap Technologies Corp. (IMP:TSX) announced today that its wholly-owned subsidiary Intermap Technologies GmbH has signed a joint development agreement with HARMAN/BECKER Automotive Systems GmbH. The agreement combines Harman/Becker's innovative automotive systems knowledge with Intermap's highly accurate geospatial databases. This teaming arrangement will provide the two companies with the resources to develop advanced 3D car navigation applications and to meet market demand for more intuitive navigation systems and advanced vehicle safety systems.
"Out of this cooperation we expect a significant drive for the display of the digital map as well as a substantial step towards advanced driving assistance systems. The premium segment of future navigation systems will contain both high-precision 3D terrain models and other advanced functionality where the navigation will deliver information about the route ahead to other subsystems within the vehicle. For this purpose, high-precise digital maps are essential," commented Dr. Erich A. Geiger, executive chairman of Harman/Becker.
"This is an important cooperative agreement for both Intermap and Harman/Becker," commented Dr. Manfred Krischke, managing director of Intermap Technologies GmbH. "Improving advanced car navigation and related applications continues to be a worldwide focus. We believe that moving from today's coarse 2D data to accurate 3D information will provide the automotive industry with more accurate, visually aesthetic, and effective automotive applications."
HARMAN/BECKER Automotive Systems provides products for the automotive industry and the aftermarket. Drawing upon world-class technologies from Becker(R), harman/kardon(R), JBL(R), Infinity(R), Mark Levinson(R) and Lexicon(R), HARMAN/BECKER integrates innovative automotive entertainment, information, and communication systems. HARMAN/BECKER offers the most advanced technologies for cars, from branded high-end audio systems with leading-edge multi-channel surround sound technology, to complete infotainment systems with navigation, media players (DVD Audio, DVD Video, CD, MP3), speech dialog systems, telephone and telematics solutions (Internet, WAP, Email, SMS, Bluetooth), analog/digital tuner and receiver technologies, headphones and rear seat entertainment.
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 250 people worldwide, with offices in Calgary, Ottawa, Munich and Jakarta. Intermap is publicly traded on the TSX under the symbol IMP. For more information, visit www.intermap.com.
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