Esri and GeoEye Developing Global Crisis Response Service

HERNDON, Va., Feb. 23, 2012 /PRNewswire/ -- GeoEye, Inc. (NASDAQ: GEOY), a leading source of geospatial information and insight, announced that it will jointly develop a new crisis response imagery service with Esri, the leading global geographic information software provider. This service, expected to be released this spring, will augment Esri's current disaster response capability with GeoEye's ability to task its satellite to collect high-resolution satellite imagery after a crisis. Currently, Esri supports disaster and crisis response globally with best practices, technology and field response teams. GeoEye content plays a critical role in all aspects of disaster response. The new service will provide Esri and their user community access to timely and quality imagery during disasters.

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This new bundled solution is critical as current world events escalate and first responders, government, and commercial risk organizations have the need to see, understand and respond to crisis events when lives and property are at risk. ArcGIS users will be able to leverage GeoEye's map-accurate imagery and Esri tools to gain clear and timely insight before, during and after a crisis, emergency or global event.

Chris Tully, GeoEye's senior vice president of Sales, said, "We're extremely pleased that Esri chose GeoEye as their imagery partner for this important work. Geospatial technology plays a critical role in determining where resources should be deployed most effectively after a crisis. We feel confident that Esri users will see immediate benefits when they leverage timely GeoEye event imagery and Esri support through this service."

"Imagery plays a vital role during events," says Russ Johnson, Esri's director of Public Safety and Homeland Security. "It allows us to rapidly visualize impacts, analyze change and empower field teams conducting mobile operations. GeoEye and Esri share the same vision for supporting global incidents, and we are excited about what this means for users worldwide."

In July 2011, GeoEye and Esri announced their first joint product offering, GeoEye Image Pack, which provides an easy way for Esri customers with a programmatic Enterprise License Agreement (ELA) to procure high-resolution data from GeoEye's extensive imagery archive. For more information, contact Tara Cordyack, GeoEye's director of North American Channel Sales.

About Esri

Since 1969, Esri has been giving customers around the world the power to think and plan geographically. The market leader in GIS technology, Esri software is used in more than 300,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, more than two-thirds of Fortune 500 companies, and more than 7,000 colleges and universities. Esri applications, running on more than one million desktops and thousands of Web and enterprise servers, provide the backbone for the world's mapping and spatial analysis. Esri is the only vendor that provides complete technical solutions for desktop, mobile, server, and Internet platforms. Visit us at esri.com/news.

About GeoEye

GeoEye is a leading source of geospatial information and insight for decision makers and analysts who need a clear understanding of our changing world to protect lives, manage risk and optimize resources. Each day, organizations in defense and intelligence, public safety, critical infrastructure, energy and online media rely on GeoEye's imagery, tools and expertise to support important missions around the globe. Widely recognized as a pioneer in high-resolution satellite imagery, GeoEye has evolved into a complete provider of geospatial intelligence solutions. GeoEye's ability to collect, process and analyze massive amounts of geospatial data allows our customers to quickly see precise changes on the ground and anticipate where events may occur in the future. GeoEye is a public company listed on NASDAQ as GEOY and is headquartered in Herndon, Virginia with more than 700 employees worldwide. Learn more at www.geoeye.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Without limitation, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "will" and similar expressions are intended to identify forward-looking statements. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future, including statements relating to growth, expected levels of expenditures and statements expressing general optimism about future operating results, are forward-looking statements. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements and those presented elsewhere by our management from time to time are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, but are not limited to, those described in "Risk Factors" included in our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2010, which we filed with the Securities and Exchange Commission ("SEC") on March 15, 2011, and our Quarterly Report on Form 10-Q for the periods ended March 31, 2011, June 30, 2011, and Sept. 30, 2011, which we filed with the SEC on May 10, 2011, Aug. 2, 2011 and Nov. 1, 2011, respectively. Copies of all SEC filings may be obtained from the SEC's EDGAR Web site, http://www.sec.gov/, or by contacting: William L. Warren, Executive Vice President, General Counsel and Secretary, at 703-480-5672.

SOURCE GeoEye, Inc.

 

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