DENVER, May 11, 2015 - Intermap Technologies Corp. (IMP.TO) today announced the passing of L. David Sikes on Thursday, May 7, 2015. A member of the Intermap board of directors since April 2014, Mr. Sikes received his Electrical Engineering degree from Massachusetts Institute of Technology (MIT) and spent the majority of his career as an executive in the semiconductor industry working for companies such as National Semiconductor, Motorola, Eastman Kodak, ASM International, MicroComponent Technology and Ramtron International Corporation. He was most recently the owner/principal of Exeter Consulting, working with technology startup companies across the country.
"Intermap has lost a respected leader and a dedicated director, and the technology community has truly lost one of its finest contributors," said Todd Oseth, Intermap's president and CEO. "Mr. Sikes had an uncanny manner about him to break down problems and rationalize solutions. He was never deterred by negative outside forces that could stand in the way of progress. Rather, he followed his convictions and trusted his creativity resulting in positive outcomes in everything he touched. His leadership abilities naturally created followers who had unending respect for him. He was truly a people person, teacher, and mentor and he positively changed the lives of the people he touched. David was a great example of how to balance a successful career with family life, and service to his community. He has a wonderful family including several grandchildren. We will all miss him deeply."
The Company is conducting a search for a replacement member to the board of directors and expects to announce a new board member during this calendar year.
About Intermap Technologies
Headquartered in Denver, Colorado, Intermap (www.intermap.com) is an industry leader in geospatial solutions on demand with its secure, cloud-based Orion Platform®. Through its powerful suite of 3DBI® applications and proprietary development of contiguous databases that fuse volumes of geospatial data into a single source, the Orion Platform is able to provide location- based solutions for customers in diverse markets around the world. For more information please visit www.intermap.com.
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.
For more information, please contact:
Rich Mohr, Senior Vice President & Chief Financial Officer
+1 (303) 708-0955
Canada – Financial
Cory Pala, Investor Relations
e.vestor Communications Inc.
+1 (416) 657-2400