Intermap Announces $750,000 Mapping Services Solutions Contract
DENVER, March 25, 2013 /PRNewswire/ – Intermap (TSX: IMP), (ITMSF:BB), a
leading provider of geospatial solutions on-demand created from its
uniform, high-resolution 3D digital models of the earth’s surface,
today announced that the Company was awarded a US $750,000 task order
from Dewberry Consultants LLC for the fourth phase expansion of its
previously announced airborne radar mapping services project in Alaska.
Additional contract funding for this project may occur at future dates.
Intermap is using its proprietary Interferometric Synthetic Aperture
Radar (IFSAR) technology to collect orthorectified radar imagery and
high resolution elevation data for an area of Alaska that has never
been mapped to this level of accuracy. The elevation data and imagery
collected by Intermap will be used in economic development,
infrastructure development and homeland security applications.
“The value of Intermap’s Mapping Services capabilities continues to
increase in the marketplace as more public and private sector
organizations embrace the power of our end-to-end solutions
capabilities,” said Todd Oseth, Intermap’s president and CEO.
“Intermap’s unique Mapping Services technology enables our customers to
address the area of interest that they want to map with pinpoint
accuracy. We then collect and deliver orthorectified radar imagery and
high resolution elevation data that either the customer or Intermap can
convert into a unified solution that derives the data-driven answers
they require. Intermap’s complete solutions approach enables us to
provide a one-stop shop for all of our customer’s geospatial needs.”
Due to persistent cloud cover, traditional satellite and airborne
optical imagery is not available for large portions of Alaska.
Intermap’s IFSAR radar mapping technology is not affected by cloud
cover which has enabled Intermap to consistently offer the most
reliable Mapping Services capabilities possible for this region.
Headquartered in Denver, Colorado – Intermap (www.intermap.com) is an industry leader in geospatial solutions on demand. Through its
powerful suite of 3DBI applications and proprietary development of
contiguous databases that fuse volumes of GIS data into a single
source, Intermap is able to provide location-based solutions for
customers in diverse markets around the world that solve today’s
complex geospatial challenges.
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.
SOURCE Intermap Technologies Corporation