Denver, Colo. (May 24, 2006): Intermap Technologies Corp. (TSX: IMP) today announced that its Intermap Federal Services subsidiary has been awarded a $5.6 million contract to collect and deliver geographic three-dimensional elevation and imagery data via Intermap's radar mapping technology. Under the agreement, the company will deliver Digital Surface Model (DSM) and Orthorectified Radar Imagery (ORI) data incrementally through 2006 and into early 2007.
The collected data will enable Intermap's client to update topographic maps and digital databases for terrain that has not been accurately mapped or updated in recent years. Accurate geospatial information is important for the client in order to support and drive solutions within the region.
"Intermap has delivered data to this particular client for multiple years and the repeat business is a testament to the value and level of service we continue to deliver to the market," commented Michael Bullock, vice president of engineering and president of Intermap Federal Services. "We are pleased to have the opportunity to provide highly accurate digital elevation data and imagery that enable our client to have the most accurate geospatial information available for the region."
About Intermap Technologies
Intermap enables customers to facilitate better decision-making and create applications for numerous commercial, governmental, military, and consumer products through the purchase of high quality and affordable elevation datasets. The company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap, consisting of highly accurate digital topographic maps that include elevation data.
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/wireless network planning, aviation, simulation, and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. Datasets are also used to add interactive intelligence to airborne and satellite imagery.
Headquartered in Denver, Colorado, Intermap employs more than 250 people worldwide, with offices in Calgary, Ottawa, Munich, and Jakarta. Intermap trades on the TSX under the symbol IMP. For more information, visit www.intermap.com.
Contacts:
Intermap Technologies
Kevin Thomas, Vice President, Marketing
kthomas@.intermap.com
(303) 708-0955
Canada--Financial
Corbet Pala, Investor Relations
E-vestor Communications Inc.
cpala@evestor.com
(416) 657-2400
United States--Financial
Budd Zuckerman, Investor Relations
Genesis Select Corporation
bzuckerman@genesisselect.com
(303) 415-0200