VANCOUVER, Feb. 23, 2015 /CNW/ - UrtheCast Corp. (TSX: UR) ("UrtheCast" or the "Company") today announced the appointment of Letitia "Tish" Long, former director of the U.S. National Geospatial-Intelligence Agency, to its board of directors, effective February 23, 2015.
Ms. Long brings extensive experience in the intelligence and technology industries, most recently serving as the fifth Director of the National Geospatial-Intelligence Agency (NGA) from 2010 to 2014. During her tenure at NGA, she led efforts to establish the agency's first 'Map of the World', for intelligence users. Under her guidance, NGA became the first U.S. agency to adopt open-source software development to deliver its software to first responders for collaboration, during and after natural disasters. Prior to her appointment to NGA, Ms. Long served as the Deputy Director of the Defense Intelligence Agency (DIA) from 2006 until 2010.
"We are delighted that Tish Long has agreed to become a board member, joining the UrtheCast team as it continues to provide commercial imagery for a global client base," stated UrtheCast Chairman, Tye Burt. "Tish has built an unparalleled reputation and track-record, in addition to being the first woman to lead a major U.S. intelligence agency."
"Tish's value to a company like UrtheCast is immense — we'll benefit greatly from her leadership and knowledge," explained Scott Larson, UrtheCast's Chief Executive Officer. "We look forward to her strategic contribution while UrtheCast continues to revolutionize geospatial Big Data analytics, making imagery and data commercially viable for a much wider universe of end users."
Among other professional achievements, Ms. Long has been the recipient of the Department of Defense Medal for Distinguished Civilian Service, the Presidential Rank Award of Distinguished Executive, the Navy Distinguished Civilian Service Award, the Presidential Rank Award of Meritorious Executive (two awards) and the National Intelligence Distinguished Service Medal (three awards). In 2011, she received the Charlie Allen Award for Distinguished Intelligence Service from the Armed Forces Communications and Electronics Association, was decorated with the Medal of Merit by the King of Norway, and was appointed to the rank of Chevalier in the National Order of the Legion of Honor of France. She was also named one of the Most Powerful Women in the D.C. Metro area by Washingtonian magazine in 2013 and was honored with a 2014 Federal 100 Award by FCW magazine.
Ms. Long's appointment raises UrtheCast's board membership to eight in total.
About UrtheCast Corp.
UrtheCast Corp. is a Vancouver-based technology company that is developing the world's first Ultra HD video feed of Earth, streamed from space in full color. Working with renowned aerospace partners from across the globe, UrtheCast has built, launched, installed, and will soon operate two cameras on the ISS. Video and still image data captured by the cameras will be downlinked to ground stations across the planet and displayed on the UrtheCast web platform, or distributed directly to partners and customers. UrtheCast's cameras will provide Ultra HD video and still imagery of Earth that will allow for monitoring of the environment, humanitarian relief, social events, agricultural land, etc. Common shares of UrtheCast trade on the Toronto Stock Exchange as ticker 'UR'.
For more information visit our website at www.urthecast.com.
This release contains certain information which, as presented, constitutes "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information involves statements that an action or event "will" be taken or occur (or similar language) and includes statements about the plans to operate sensor and camera components on the ISS, expected commissioning timeframes, proposed image and video product offerings and expected partners and customers to distribute such products. Forward-looking statements are subject to various known and unknown risks, many of which are beyond the ability of UrtheCast to control or predict, and which may cause UrtheCast's actual results to be materially different from those expressed or implied thereby, including, but not limited to, inability to access capital to finance planned projects, delays caused by third party manufacturers or partners, damage which may occur to the sensors or cameras during installation, unexpected changes in Russian, Canadian or United States government policies as well as those factors discussed in the Company's annual information form dated March 26, 2014, (the "AIF") and the Company's short form base shelf prospectus dated April 7, 2014 (the "Prospectus") which are available under UrtheCast's SEDAR profile at www.sedar.com. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, in the AIF and Prospectus, and as otherwise disclosed from time to time on UrtheCast's SEDAR profile. UrtheCast undertakes no obligation to update forward-looking statements except as may be required by applicable Canadian securities laws. Readers are cautioned against attributing undue certainty to forward-looking statements.
SOURCE UrtheCast Corp.
Renseignements: Scott Larson, CEO and Co-founder, (778) 331-7823 Direct