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DENVER & LONDON — Intermap Technologies, the foremost 3D digital mapping and geospatial solutions company, today announced the sale of a nationwide digital elevation model of Ireland — one of the countries included in its NEXTMap Europe digital mapping program, providing high-resolution elevation models and images of Western Europe. Ireland's Office of Public Works (OPW), the lead agency for flood risk management in Ireland, has licensed the digital mapping data in support of the European Union directive aimed at reducing the risks and adverse consequences of floods throughout Europe.
The OPW has taken delivery of a highly reliable countrywide digital terrain model with all cultural features digitally removed, along with an orthorectified radar image that accentuates topographic features — all with a vertical accuracy (RMSE) of 70 centimeters or better. The use of accurate geospatial data will facilitate the OPW in meeting the requirements of the directive mandated by the European Union. Complete details of contract terms and value have not been disclosed.
According to the EU Floods Directive, "This new European directive is an important addition to the European Union's water legislation and has been carefully crafted for compatibility with the Water Framework Directive (WFD). It applies to all types of floods whether they originate from rivers and lakes, or occur in urban and coastal areas, or arise as a result of storm surges and tsunamis. Implementation in the Member States will be done in three stages, beginning with a preliminary assessment of river basin's flood risk and their associated coastal zones to be carried out by 2011."
"Our nationwide coverage throughout Europe is continuing to provide value to numerous enterprise customers and government agencies, including the OPW in Ireland," stated Adam Denman, Intermap's vice president and general manager, Europe. "As these types of directives are put in place by governing bodies, more countries are looking for a cost-effective source of consistently reliable data to support the needs of crucial geospatial projects across their entire geography. The fact that Intermap has recently completed countrywide elevation models across 21 Western European countries bodes well for satisfying these needs. The Company is proud to be in a position to enable such a noble cause — one that is determined to lessen the destruction of property, land, and livelihoods due to flooding for millions of citizens living in the European Union."
More information can be found on the European Union directive at:http://ec.europa.eu/environment/water/flood_risk/index.htm. Additional information can be found on the EU Water Initiative at: http://www.euwi.net/
About Intermap Technologies
Intermap (TSX: IMP.TO) is a preeminent digital mapping and geospatial solutions provider that has set the industry standard for creating uniform high-resolution 3D digital models of the earth's surface. The Company has proactively remapped entire countries and built 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, renewable energy, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets.
Headquartered in Denver, Colorado, Intermap has offices in Australia, 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.
Contacts
Intermap Technologies
Kevin Thomas, Vice President, Marketing
+1 303-708-0955
kthomas@intermap.com
Adam Denman, Vice President & General Manager, Europe
adenman@intermap.com
+49 89 3090 799-30
Ireland Office of Public Works
John Martin, Head of Flood Risk Assessment & Management
John.martin@opw.ie
+353(1)6476742
Intermap Reader Advisory
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. You can find a discussion of such risks and uncertainties in our Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. 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 therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. 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 forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
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