DENVER, March 5 /CNW/ - Intermap Technologies Corp. (TSX:IMP) (AIM:IMAP)
today announced that it has been awarded a US$3.1 million contract to collect
and deliver geographic three-dimensional elevation and imagery data in
Southeast Asia. The Company will utilize one of its five aircraft equipped
with their proprietary IFSAR (Interferometric Synthetic Aperture Radar)
mapping technology to complete the project. Under the terms of the agreement,
the company will deliver Digital Surface Model (DSM) and Orthorectified Radar
Imagery (ORI) data incrementally throughout 2007.
Intermap's revolutionary IFSAR technology enables the Company to map
large areas more quickly and efficiently than any other airborne radar mapping
technology in the world. The Company's fixed-wing aircraft, equipped with
advanced IFSAR platforms, can operate day or night, in clear or cloudy
conditions -- virtually anywhere, anytime.
"The award of this contract is a testament to our ability to deliver on
commitments to government agencies and commercial enterprises around the
world," commented Garth Lawrence, Intermap's senior vice president of
operations. "The client chose Intermap for our ability to create precise
digital elevation models and radar imagery, while not being hindered by
weather. This is particularly important to the client due to the inclement
weather patterns in the region and their need for timely, accurate data."
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, consisting of
highly accurate digital topographic maps that include elevation data.
Demand for NEXTMap 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 360 people
worldwide, with additional offices in Calgary, Detroit, Jakarta, London,
Munich, and Ottawa. For more information, visit www.Intermap.com.
For further information:
For further information: Intermap Technologies Richard Mohr,
303-708-0955 Senior Vice President & Chief Financial Officer
rmohr@Intermap.com or E-vestor Communications Inc. Corbet Pala, 416-657-2400
(Canada -- Financial) Investor Relations email@example.com or Genesis Select
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or Clayton Bush, +(44) (0) 20 7518 2777 (United Kingdom -- AIM, Nominated
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