Intermap Technologies Announces $2.2M International Contract for Delivery of Elevation Data and Radar Imagery

News Releases

10 Apr, 2007

DENVER: Intermap Technologies Corp. (TSX: IMP.TO, AIM: IMAP.L) today announced that its Intermap Federal Services, Inc. subsidiary has received a US$2.2M contract to provide digital elevation data and orthorectified radar imagery for an international project. The data will be used by the client for mapping and regional planning.

The geospatial data being collected and delivered will be generated using the Company's Interferometric Synthetic Aperture Radar (IFSAR) technology aboard one of the Company's five aircraft. Under the agreement, Intermap will process and deliver the data by the first quarter of 2008.

“With our extensive experience collecting elevation data under our contract services business and our NEXTMap® proactive mapping program, contracts from our repeat customers continue to reinforce the value we deliver to the GIS community worldwide,” stated Garth Lawrence, senior vice president of operations for Intermap Technologies. “The accuracy and relevancy of this data continues to be an invaluable asset to this client.” 

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 3D geometric datasets. The Company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap®, consisting of highly accurate digital geometric 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 400 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, and Prague. For more information, visit www.intermap.com.

Contacts:
Intermap Technologies
Richard Mohr, Senior Vice President & Chief Financial Officer
rmohr@.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

 

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