Intermap Technologies Awarded $4.27M Contract for Digital Mapping and Imagery Data

    


Intermap Technologies
Richard Mohr, 303-708-0955
Senior Vice President & Chief Financial Officer
rmohr@intermap.com
or
Canada - Financial
E-vestor Communications Inc.
Corbet Pala, 416-657-2400
Investor Relations
cpala@evestor.com
or
United States - Financial
Genesis Select Corporation
Budd Zuckerman, 303-415-0200
Investor Relations
bzuckerman@genesisselect.com
or
United Kingdom - AIM, Nominated Advisor
Canaccord Adams Limited
Andrew Chubb, +44 (0) 207 050 6500
or
Neil Johnson, +44 (0) 207 050 6500



Intermap Technologies Corp. today announced that its Intermap Federal Services,
Inc. subsidiary has received an additional USD $4.27 million contract to provide
3D digital elevation data and orthorectified radar imagery for an existing
international project. Data will be used for topographic map production, 3D
visualization, and natural resources management.

Using the Company's proprietary Interferometric Synthetic Aperture Radar (IFSAR)
technology, Intermap will begin collecting and delivering radar mapping services
for the client in 2008 and will complete the project in early 2009.

"The additional area of interest added to our May contract of $8.1M continues to
reinforce the value and usability our digital elevation models provide for this
client," commented Brian Bullock, president & CEO for Intermap Technologies.
"The increased efficiencies and capacity in our data collection platforms allow
the Company to collect record amounts of data under our NEXTMap(R) program,
while providing custom contract services to clients around the world."

About Intermap Technologies:

Intermap (TSX: IMP) (AIM: IMAP) is a preeminent digital mapping company creating
uniform high-resolution 3D digital models of the earth's surface. The Company is
proactively remapping entire countries and building uniform national databases,
called NEXTMap(R), consisting of affordably priced elevation data and geometric
images of unprecedented accuracy. Demand for NEXTMap data is growing as new
commercial applications emerge within the GIS, engineering, automotive, personal
navigation device, insurance risk assessment, oil and gas, hydrology,
environmental planning, wireless communications, transportation, aviation, and
3D visualization markets.

Headquartered in Denver, Colorado, Intermap employs approximately 800 people
worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich,
Ottawa, Prague, and Washington, D.C. For more information, visit
www.Intermap.com.

NEXTMap(R) is a registered trademark of Intermap Technologies Corporation.

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.

Intermap Technologies
Richard Mohr, 303-708-0955
Senior Vice President & Chief Financial Officer
rmohr@intermap.com
or
Canada - Financial
E-vestor Communications Inc.
Corbet Pala, 416-657-2400
Investor Relations
cpala@evestor.com
or
United States - Financial
Genesis Select Corporation
Budd Zuckerman, 303-415-0200
Investor Relations
bzuckerman@genesisselect.com
or
United Kingdom - AIM, Nominated Advisor
Canaccord Adams Limited
Andrew Chubb, +44 (0) 207 050 6500
or
Neil Johnson, +44 (0) 207 050 6500
Intermap Tech (LSE:IMAP)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024