13 Oct, 2005
Denver, Colorado (October 13, 2005): Intermap Technologies Inc., a subsidiary of Intermap Technologies Corp. (IMP -TSX), announced today that it has signed a Basic Ordering Agreement with Michael Baker Jr., Inc. (Baker) providing a purchasing vehicle for Baker and its clients, including the Federal Emergency Management Agency (FEMA), to buy Intermap's terrain elevation data products.
This Agreement is valid for one year, with two additional one-year periods that may be exercised by Baker. The Agreement provides Baker and its clients with the ability to acquire data covering areas as small as 100 sq. miles and as large as entire states, with commensurate reductions in unit rate.
"Our data products offer high-accuracy elevation data to support initiatives such as FEMA's Map Modernization program, which has the objective of improving the accuracy of the nation's flood hazard maps," commented Michael Bullock, Intermap's vice president of sales. "Following the recent devastation in the Gulf Coast region, several groups have expressed interest to Intermap regarding our post hurricane Katrina NEXTMap USA data. We are confident that our data can be of great assistance for reconstruction and planning efforts."
About Michael Baker
Michael Baker Jr., Inc. is an engineering unit of Michael Baker Corporation. Michael Baker Corporation (Amex: BKR) provides engineering and operations and maintenance services for its clients' most complex challenges worldwide. The firm's primary practice areas are aviation, environmental, facilities, geospatial information technologies, linear utilities, transportation, water/wastewater and oil & gas. With more than 4,200 employees in over 40 offices across the United States and internationally, Baker is focused on providing services that span the complete life cycle of infrastructure and managed asset projects.
About 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 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.
Corbet Pala
Investor Relations
E-vestor Communications Inc.
(416) 657-2400
cpala@evestor.com