Derived from the Company's NEXTMap data set, AccuTerra Europe to provide the most accurate GPS recreational maps for Western Europe |
Wednesday, December 10, 2008
DENVER — Intermap Technologies today announced the expansion of their AccuTerra™ GPS maps product line into Western Europe. The launch of AccuTerra Europe ushers in a new breed of GPS maps, with unprecedented detail, accuracy, and uniformity—unavailable in Europe until now. Targeted to meet the needs of millions of outdoor enthusiasts across Western Europe and the rapidly growing handheld GPS market, AccuTerra Europe provides users with greater access to high-tech GPS maps to enrich their outdoor experiences. Derived from elevation data collected as part of the Company's NEXTMap® Europe digital mapping program, AccuTerra Europe provides high accuracy shaded reliefimagery, topographic contour lines, hydrology detail, and land cover classifications. NEXTMap Europe delivers a uniform 3D digital elevation model with a 1-meter vertical accuracy for 2.4 million km2 of terrain across Western Europe. “The experience for outdoor enthusiasts across Europe has just taken a major leap forward,” stated Michael Bullock, Intermap Technologies' vice president of consumer electronics. “What sets AccuTerra Europe apart from any other GPS mapping content on the market is the detail and accuracy of the NEXTMap terrain data. Because Intermap has just completed remapping Western Europe, we are able to take advantage of this dataset to build a product that has never been seen before. Our plan is to continue to enhance AccuTerra Europe with additional features and layers that leverage our NEXTMap data. The market has been calling for better mapping solutions and Intermap has stepped up to fill the void.” AccuTerra Europe GPS maps will be pre-loaded on several GPS devices as well as made available for download or purchase via SD card for a manufacturer's line of soon to be announced select devices. The Company expects products to be on the shelf in the spring of 2009 with revenue generation beginning immediately upon shipment for the embedded line of products. More information about AccuTerra can be found at www.AccuTerra.com. 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 approximately 850 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, Paris, Prague, and Washington D.C. For more information, visit www.Intermap.com. Contact: Intermap Technologies # # # This news release contains certain forward-looking statements, which include certain assumptions with respect to the future business and operations of the Company. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive there from. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. |