DENVER – December 17, 2018 – Intermap Technologies Corporation (“Intermap”) today announced a business agreement with Lufthansa Systems GmbH & Co KG (“Lufthansa Systems”), where the companies will jointly bring to market the world’s first high resolution geospatial terrain dataset, called Lido Surface Data NEXTView (“NEXTView”), targeted at multiple aviation specific use cases. Using proprietary information from each company, NEXTView improves and enriches installed applications for air safety, flight planning logistics, situational awareness, training, and emergency response, among other solutions, for both commercial and government customers. Important systems that will immediately benefit from NEXTView include synthetic and enhanced vision systems (SVS/EVS), terrain awareness and warning systems (TAWS), charting applications and flight planning applications. NEXTView combines high resolution terrain, obstacle, and aerodrome information into a single coherent and uniform global dataset with military-grade acuity. NEXTView is regularly updated with critical information.
Intermap has a distinguished history of service and innovative performance in the aviation industry. Dating back to 1919, Intermap won a U.S. Supreme Court decision which forever defined aviation as transportation, rather than a sport, allowing passenger flights to take place on Sundays. It was one of the first companies to collect, develop and use airborne survey and imagery to build situational awareness and improve safety of navigation. Today, as a contractor for the U.S. Geological Survey, Intermap develops and collects geospatial data in many of the world’s most challenging terrain environments, including Alaska, which has more airspace than any other state, and where a lack of alternative infrastructure makes safe air travel a necessity.
“This newest evolution in our aviation offering combines Lufthansa Systems’ most advanced, certified solutions with the world’s highest acuity data and provisioning systems, from both companies, to improve speed, accuracy, consistency, automation, and critical decision-making,” commented Patrick Blott, Chairman and CEO of Intermap. “Customers can enjoy effective and economical tools, which advance their processes and efficiency, and will most certainly save lives.”
We are very proud to develop our next generation terrain data product tailored to the needs of the aviation industry together with Intermap - a company with long lasting expertise in this area,” commented Michael Sauter, Senior Product Owner Aeronautical Data at Lufthansa Systems. “Lido Surface Data NEXTView will further enhance the product portfolio of Lufthansa Systems, allowing airlines and avionics providers to enhance safety with never seen terrain data.”
About Intermap Technologies
Headquartered in Denver, Colorado, Intermap (TSX: IMP) (ITMSF:BB) is an industry leader in geospatial intelligence solutions. These geospatial solutions are used in a wide range of applications including, but not limited to, location-based information, risk assessment, geographic information systems, engineering, utilities, global positioning systems, oil and gas, renewable energy, hydrology, environmental planning, land management, wireless communications, transportation, advertising, and 3D visualization. Intermap generates revenue from three primary business activities, comprised of i) data acquisition and collection, using proprietary, multi-frequency, radar sensor technologies, ii) value-added data products and services, which leverage the Company’s proprietary NEXTMap® database, together with proprietary software and fusion technologies, and iii) commercial applications and solutions, including a webstore and software sales targeting selected industry verticals that rely on accurate high resolution elevation data. The Company is a world leader in geospatial data management and processing, including fusion, analytics, and orthorectification, and has decades of experience aggregating data derived from a number of different sensor technologies and data sources. For more information please visit www.intermap.com.
About Lufthansa Systems GmbH & Co KG
Lufthansa Systems GmbH & Co. KG is a leading airline IT provider. Based on long-term project experience, a deep understanding of complex business processes and strong technological know-how, the company provides consulting and IT services for the global aviation industry. Over 350 airlines worldwide rely on the know-how of IT specialists at Lufthansa Systems. Its portfolio covers innovative IT products and services which provide added value for its customers in terms of enhanced efficiency, reduced costs or increased profits. Headquartered in Raunheim near Frankfurt/Main, Germany, Lufthansa Systems has offices in 16 other countries.
For more information, please contact:
Executive Vice President and CFO
+1 (303) 708-0955