Monday, August 28, 2006
DENVER, Colo. (August 28, 2006): Intermap Technologies Corp. (TSX: IMP.TO, AIM: IMAP.L) today announced that it has been awarded a US$2.6M contract for collection of elevation data and radar imagery on behalf of Sinar Mas Forestry, a major pulpwood farm operator in Asia. Sinar Mas Forestry is the exclusive wood fiber supplier for Asia Pulp & Paper -- Sinar Mas Pulp & Paper Products (APP). The use of Intermap's elevation data and high-resolution radar imagery will enable Sinar Mas Forestry to manage its pulpwood resource more efficiently. Intermap Technologies will collect and deliver the data in 2006.
Intermap will use its proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology to map diverse geography throughout the areas of interest. The data will enable the creation of a 3D model of the region's surface to create highly accurate maps and geospatial models for planning purposes.
"Sinar Mas Forestry is the first player in forestry and pulpwood farm industry in the world to use this state-of-the-art mapping technology," said Brian Bullock, president and CEO of Intermap Technologies.
"Accurate mapping information is the foundation of sustainable forest management. Our technology delivers results equivalent to conducting a 100% ground inventory of the forest."
"By entering into this agreement, Sinar Mas is demonstrating its ongoing commitment to continuously improve its responsible, sustainable forest management beyond national and international standards," Bullock added. "Their selection of Intermap is proof of the value we provide in the market, and why we are the preferred supplier of digital elevation data and imagery in Asia."
About Intermap Technologies
Intermap enables customers to facilitate better decision-making and create applications for numerous commercial, governmental, military, and consumer products through the purchase of high quality and affordable elevation datasets. The company is proactively remapping entire countries and building unprecedented national databases, called NEXTMap, consisting of highly accurate digital topographic maps that include elevation data.
Demand for NEXTMap data is growing as new commercial applications are emerging, including geographical information systems (GIS), engineering planning, transportation, automotive, navigation, flood, irrigation, environmental management and planning, telecommunications/wireless network planning, aviation, simulation, and 3D visualization. Internet applications include virtual tours, topographic maps and computer games. Datasets are also used to add interactive intelligence to airborne and satellite imagery.
Headquartered in Denver, Colorado, Intermap employs more than 280 people worldwide, with offices in Calgary, Ottawa, Munich, and Jakarta. For more information, visit www.intermap.com.
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