DENVER (September 10, 2010): Intermap Technologies Corporation today announced that Brian Musfeldt, has announced his resignation from the positions of chief financial officer and vice president. The Company will announce details on Mr. Musfeldt’s replacement in due course. Through this change, Mr. Musfeldt will provide support to ensure a smooth transition for the Company moving forward, including the completion of 2010 third quarter financial reporting.
“As the Company progresses through this necessary transitional phase, changes in leadership and direction are eminent. As previously announced, the Company is searching for a permanent CEO and we look at this change as an opportunity to obtain a new CEO/CFO team. I am confident that with Brian’s support in transitioning to a new CFO that our experienced accounting and finance team is well suited to handle the tasks at hand,” stated Howard Nellor, Intermap’s president and CEO.
About Intermap Technologies
Intermap (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, Prague, and Washington D.C. For more information, visit www.Intermap.com.
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For more information, please contact:
Canada – Financial
Corbet Pala, Investor Relations
e.vestor Communications Inc.
cpala@evestor.com
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Budd Zuckerman, Investor Relations
Genesis Select Corporation
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+1 (303) 415-0200