DENVER: Intermap Technologies Corp. (TSX: IMP.TO, AIM: IMAP.L) today announced that it has been awarded four contracts valued at $2.2 million for radar mapping in Southeast Asia. Under the agreement, the company will collect and deliver three-dimensional digital elevation data and orthorectified radar imagery utilizing Intermap's IFSAR radar mapping technology. Data will be collected and delivered in 2007.
Accurate and current digital elevation models (DEMs) in this region will allow the Company's clients to formulate strategies to assist in the decision-making needs to mitigate tsunami and geohazard effects in this island-rich region. Another client will utilize the data to assist in seismic planning and advanced energy exploration without disturbing the environment.
“We continue to see a multitude of applications around the world where up-to-date and accurate elevation data is greatly needed by our clients,” said Garth Lawrence, senior vice president of operations for Intermap Technologies. “Our client base in Southeast Asia continues to grow as the Company has consistently delivered on time and on budget for a multitude of contracts in the region. Furthermore, our ability to collect height data in constantly cloudy conditions allows us to deliver a product that meets and exceeds our customer's expectations.”
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 425 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, and Prague. For more information, visit www.intermap.com.
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