Contract calls for delivery of high-resolution elevation data for critical water management application
Wednesday, October 21, 2009
DENVER - Intermap Technologies, a global 3D mapping company, today announced that it has been selected to supply high-resolution digital elevation models, orthorectified radar images, and technical consulting services under a new contract. The USD $1.8 million mapping contract requires delivery of the data and services during the fourth quarter, 2009.
The purchase will allow the customer to evaluate how well the data supports a comprehensive 3D basin model that shows water accumulation, flow, catchment, and use potential. This 3D model is a key to the success for a large river restoration program. The area is experiencing its lowest in-flows on record, which, combined with a 7-year drought, has contributed to a severe water shortage throughout the region.
"The data for this important project is based on our NEXTMap product specifications that set new geospatial standards for hydrologic applications," stated Garth Lawrence, senior vice president of strategic business at Intermap Technologies. "We're proud to be playing a pivotal role in assisting our customer's attempt to address a water resource critical issue that could have far-reaching implications for the quality of life in the region."
Intermap (TSX: IMP.TO) 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, GPS maps, 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 875 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, Prague, and Washington D.C. For more information, visit www.Intermap.com, www.mobile.AccuTerra.com or www.AccuTerra.com.
NEXTMap® and AccuTerra® are registered trademarks of Intermap Technologies Corporation. Other companies and products mentioned herein may be trademarks or registered trademarks of their respective trademark owners.
For more information, please contact:
Richard Mohr, Senior Vice President & Chief Financial Officer
Canada — Financial
Corbet Pala, Investor Relations
United States — Financial
Budd Zuckerman, Investor Relations
Intermap Reader Advisory