Intermap Announces Appointment of New Directors

News Releases

24 Aug, 2011

DENVER, COLORADO – August 24, 2011 (TSX:IMP)  Intermap Technologies, a leading provider of location-based information (LBI) solutions created from its uniform, high-resolution 3D digital models of the earth’s surface, today announced the appointment of Dr. John C. Curlander to its Board of Directors effective August 10, 2011. Dr. Curlander is internationally recognized for his work in satellite remote sensing and mapping.

Todd Oseth, President and CEO of Intermap Technologies, commented, “We are extremely pleased to welcome Dr. Curlander to the Intermap Board of Directors. He has extensive experience working with technology companies, including in his current position as General Manager for Microsoft’s Startup Business Group, a division within Microsoft. We are excited about the wealth of technical, industry and executive experience he brings to the table and are confident that Dr. Curlander will be an immediate, valuable and contributing member of our Board."

Prior to joining Microsoft’s Startup Business Group, Dr. Curlander held various technical and executive positions. He started his career at the Jet Propulsion Laboratory in Pasadena, California where he was responsible for all radar ground system activities including SAR signal processing research and development, and radar science applications. In 1992, he became the president and CEO of Vexcel Corporation in Boulder, Colorado where he led the company to significant growth with an emphasis on satellite ground systems, photogrammetry and radar signal processing. Vexcel was acquired by Microsoft in 2006. Following the acquisition of Vexcel, Dr. Curlander served as Engineering General Manager of what is now known as Microsoft Boulder. In this role, he oversaw the business unit to ensure best execution of the vision that Microsoft has for the group’s role in the success of Virtual Earth.

In addition to the appointment of Dr. Curlander, at Intermap’s annual general meeting (AGM) held earlier this month, a slate of five directors were elected: Todd A. Oseth, Larry G. Garberding, Donald R. Gardner, Howard J. Nellor and Benjamin A. Burditt.  Mr. Burditt is new to the board of directors at this AGM.  He currently serves as the Managing Partner of  Princeton Strategic Advisors LLC. Prior to Mr. Burditt’s current Managing Partner role with Princeton Strategic Advisors LLC, he was a Partner with Special Situations Funds in New York for six years where he co-managed one of the funds that invested in publicly traded companies with market capitalizations between $10 million and $300 million. Prior to his tenure with Special Situations Funds, Mr. Burditt was the co-founder and senior vice president of Scripps Ventures, LLC a venture capital fund investing in early stage companies. Mr. Burditt has also held executive positions with United Media and McKinsey & Company, Inc.

Biographical details for all the directors as well as descriptions of the other matters that were passed at the Company’s AGM may be found in the Company’s Information Circular dated June 28, 2011, filed on SEDAR.com.

About Intermap
Headquartered in Denver, Colorado, Intermap (www.intermap.com) is a leading provider of Location-Based Information (LBI), setting the industry standard for creating high-resolution 3D digital models of the earth’s surface. The Company has remapped entire countries, to build  NEXTMap® national databases consisting of affordably priced elevation data and geometric images of unparalleled accuracy.  Turnkey solutions can be purchased from the Company’s NEXTMap Online Store, a hosted web services platform offering a variety of subscription levels by geography, data-layer, individual or enterprise wide license.  Intermap’s cloud-based hosted model offers customers the most convenient and affordable method to satisfy a customer’s needs with both a Platform as a service (PaaS) and Software as a service (SaaS) options.  For more information about Intermap’s web services please visit http://www.intermap.com/en-us/purchase.aspx.

 

For more information, please contact:

 

Canada – Financial

Cory Pala, Investor Relations

e.vestor Communications Inc.

cpala@evestor.com

+1 (416) 657-2400

 

United States – Financial

Budd Zuckerman, Investor Relations

Genesis Select Corporation

bzuckerman@genesisselect.com

+1 (303) 415-0200