Intermap Technologies Announces Exercise of Over-Allotment Option



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION
    IN THE UNITED STATES/

    DENVER, Aug. 9 /CNW/ - Intermap Technologies Corporation (TSX: IMP.TO,
AIM: IMAP.L) is pleased to announce it will issue an additional 683,097 class
A common shares at a price of $6.00 per share pursuant to an over-allotment
option (the "Over-Allotment Option") granted to Canaccord Capital Corporation,
Orion Securities Inc. and Raymond James Ltd (the "Underwriters"). The
Over-Allotment Option was granted to the Underwriters in connection with the
previously announced short form prospecuts offering of 5,500,000 class A
common shares closed July 12, 2007.
    Closing is expected to occur on or about August 14, 2007. Following
closing, application will be made for the 683,097 class A common shares to be
admitted to trading on the AIM market of the London Stock Exchange. Trading in
the same is expected to commence on 20 August 2007.

    About Intermap Technologies

    Intermap enables customers to facilitate better decision-making and
create applications for numerous commercial, governmental, military, and
consumer products through the purchase of high quality and affordable
elevation datasets. The Company is proactively remapping entire countries and
building unprecedented national databases, called NEXTMap(R), consisting of
highly accurate digital topographic maps that include elevation data.
    Demand for NEXTMap(R) data is growing as new commercial applications are
emerging, including geographical information systems (GIS), engineering
planning, transportation, automotive, navigation, flood, irrigation,
environmental management and planning, telecommunications/wireless network
planning, aviation, simulation, and 3D visualization. Internet applications
include virtual tours, topographic maps and computer games. Datasets are also
used to add interactive intelligence to airborne and satellite imagery.
    Headquartered in Denver, Colorado, Intermap employs more than 500 people
worldwide, with additional offices in Calgary, Detroit, Jakarta, London,
Munich, Ottawa, and Prague. For more information, visit www.Intermap.com.

    Intermap Reader Advisory

    This news release contains 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 Company's control. The
Company's 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.

    The Toronto Stock Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00004587E




For further information:

For further information: Intermap Technologies, Richard Mohr, Senior
Vice President & Chief Financial Officer, rmohr@Intermap.com, (303) 708-0955;
Kevin Thomas, Vice President, Marketing, kthomas@intermap.com, (303) 708-0955;
Canada - Financial, Corbet Pala, Investor Relations, E-vestor Communications
Inc., cpala@evestor.com, (416) 657-2400; United States - Financial, Budd
Zuckerman, Investor Relations, Genesis Select Corporation,
bzuckerman@genesisselect.com, (303) 415-0200; United Kingdom - AIM, Nominated
Advisor, Canaccord Adams Limited, Neil Johnson, Clayton Bush, Intermap
Technologies, (+44) 207 050 6500


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