DENVER, CO, June 29, 2012 /CNW/ - Intermap (TSX: IMP), a leading provider of location-based information (LBI) solutions created from its uniform, high-resolution 3D digital models of the earth's surface called NEXTMap; and Mentum, the industry's leading wireless access and backhaul network planning and optimization company, today announced that five telecommunications companies have now become customers of the partnership.
On December 13, 2011, Intermap and Mentum announced a partnership designed to accelerate the delivery of a new generation of height-attributed land-use geodata that addresses the propagation modeling needs of the wireless industry. The product offering, Cityscapes HD, offers an unmatched level of X, Y and Z accuracy at a price point that enables network operators to manage the large geographical areas required by today's wireless networks. Compared to existing products, Cityscapes HD is the cost-effective solution for the accurate height of vegetation and man-made structures called clutter, for a broad geographic region. Cityscapes HD is offered at a native resolution of 15m and is available in the USA, Western Europe and parts of Asia.
"We're pleased with the initial results of our strategic partnership with Mentum and our plans call for more joint sales efforts as we continue to focus on additional 3D business intelligence opportunities," said Todd Oseth president and CEO Intermap. "If you're a wireless network operator, this partnership and the Cityscapes HD product offers the missing ingredient that you need to optimize your network: true clutter height data instantly available across large distances. In addition to our first five customers, we are anticipating there will be other wireless telecommunication companies that will purchase this valuable Cityscapes HD product in the future."
"Cityscapes HD is the culmination of Mentum's and Intermap's combined research and development efforts," said Bernard Breton, Chief Operating & Strategy Officer at Mentum. "This partnership has resulted in the design of a suitable product for wireless network operators who plan, build and run networks in sprawling metropolitan areas where both man-made structures and vegetation play an important role in defining propagation characteristics."
Headquartered in Denver, Colorado, Intermap (www.intermap.com) is a leading provider of Location-Based Information (LBI), setting the industry standard for creating high-resolution 3D digital models of the earth's surface. The Company has remapped entire countries, to build NEXTMap® national databases consisting of affordably priced elevation data and geometric images of unparalleled accuracy. Turnkey solutions can be purchased from the Company's NEXTMap Online Store, a hosted web services platform offering a variety of subscription levels by geography, data-layer, and individual or enterprise wide license. Intermap's cloud-based hosted model offers customers the most convenient and affordable method to satisfy a customer's needs with both a Platform as a service (PaaS) and Software as a service (SaaS) options. For more information about Intermap's web services please visit http://www.intermap.com/en-us/purchase.aspx.
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 there from. 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.
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