Intermap Technologies Awarded $2.1 Million Contract for Digital Mapping and Imagery Data

DENVER—(BUSINESS WIRE)—September 8, 2008— Intermap Technologies Corp. today announced that its Intermap Federal Services, Inc. subsidiary received a USD $2.1 million contract to provide 3D digital elevation data and orthorectified radar imagery for an international project. The project utilizes data previously collected with the Company's proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology. Under the agreement, the Company will deliver the mapping data during the third and fourth quarters.

The continued demand from our existing customers reinforces the value driven from Intermaps digital mapping data, commented Brian Bullock, president & CEO of Intermap Technologies. Our operations team continues to collect and process highly accurate data at an unprecedented level, thus allowing us to support our contract service customers while adhering to an aggressive schedule for the completion of our NEXTMap® countrywide mapping program.

About Intermap Technologies

Intermap (TSX:IMP.TO) (AIM:IMAP.L) is a preeminent digital mapping company creating uniform high-resolution 3D digital models of the earths surface. The Company is proactively remapping entire countries and building 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, personal navigation device, insurance risk assessment, oil and gas, hydrology, environmental planning, wireless communications, transportation, aviation and 3D visualization markets.

Headquartered in Denver, Colorado, Intermap employs more than 800 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, Prague, and Washington D.C. For more information, visit www.intermap.com.

NEXTMap® is a registered trademark of Intermap Technologies Corporation.

This news release may contain certain forward-looking statements, which include certain assumptions with respect to the future business and operations of the Company. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Companys control. The Companys actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, 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 the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, 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 included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.



Contact:

Intermap Technologies
Richard Mohr, 303-708-0955
Senior Vice President & Chief Financial Officer
Email Contact
or
E-vestor Communications Inc.
Canada:
Cory Pala, 416-657-2400 (Investor Relations)
Email Contact
or
Genesis Select Corporation
United States:
Budd Zuckerman, 303-415-0200 (Investor Relations)
Email Contact
or
Canaccord Adams Limited
United Kingdom AIM, Nominated Advisor:
Andrew Chubb, +44 (0) 207 050 6500

Featured Video
Latest Blog Posts
Vijay ChobisaSiemens EDA
by Vijay Chobisa
The Rise of Custom Acceleration
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Nomination Deadline for Phil Kaufman Award and Hall of Fame: June 30
Jobs
Senior Post Silicon Hardware Engineer for Nvidia at Santa Clara, California
Hardware Engineer for PTEC Solutions at Fremont, California
Senior DPU System Application Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
Design Automation Conference (DAC) 2024 at Moscone West, San Francisco CA - Jun 23 - 27, 2024
SemiconWest - 2024 at Moscone Center San Francisco CA - Jul 9 - 11, 2024
Flash Memory 2024 Conference & Expo FMS2024 at Santa Clara Convention Center Santa Clara CA - Aug 6 - 8, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise