Automotive Veterans Join Intermap Technologies

News Releases

30 Oct, 2007

DENVER & Munich, Germany (October 30, 2007): Intermap Technologies Corp. today announced the strategic expansion of their automotive team through the hiring of three seasoned automotive industry experts in the U.S. and Germany. As advance driver assistance systems (ADAS) initiatives gain traction worldwide, the Company is committed to supplying the most accurate and uniform geometric data to enable auto safety devices, fuel performance applications, and other advanced technologies. 

Steven Zaroukian joins the company as the director of automotive business development in Detroit supporting North America and Asia. His extensive background includes 25 years in the automotive industry with Panasonic Automotive Systems and Johnson Controls. Steven's experience encompasses strategic product planning with major original equipment manufacturers such as General Motors, Ford, Chrysler, Nissan, Subaru, Mazda, and Mitsubishi.  

Stefan Engels brings more than 12 years experience as a general manager and international key account manager for PTV AG (formerly Map&Guide GmbH), Motorola, ReBASE International, Deutsche Telekom, DaimlerChrysler Services, and UPS Deutschland. Stefan will lead the automotive division as the director of business development for Europe, Middle East, and Africa (EMEA). 

Klaus Schönke joins the Company as customer program manager in the Munich office. Klaus has more than 17 years experience in business development and product management with Infineon and various groups within Siemens, including Siemens VDO automotive. 

“The combined worldwide experience these individuals bring to Intermap will help deliver collaborative support to original equipment manufacturers and suppliers in the automotive and trucking industries,” states Eric DesRoche, Intermap's senior vice president, automotive and consumer electronics. “In addition, being able to draw on their considerable knowledge and past successes will allow us to provide innovative products and services to next-generation vehicle safety and fuel efficiency initiatives worldwide.”

About Intermap Technologies
Intermap (TSX: IMP.TO, AIM: IMAP.L) is a preeminent digital mapping company creating uniform high-resolution 3D digital models of the earth's surface. The Company is proactively remapping entire countries and building uniform national databases, called NEXTMap®, consisting of affordably priced elevation data and geometric images of unprecedented accuracy. Demand for NEXTMap® data is growing as new commercial applications emerge within the GIS, engineering, automotive, personal navigation device, insurance risk assessment, oil and gas, hydrology, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets.

Headquartered in Denver, Colorado, Intermap employs more than 550 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, and Prague. For more information, visitwww.intermap.com.

Contacts:
Intermap Technologies
Kevin Thomas, Vice President, Marketing
kthomas@.intermap.com

(303) 708-0955