Intermap Technologies Awarded $2.2 M Mapping Contract.DENVER -- Intermap Technologies Corp. today announced that it has been awarded a new $2.2 million radar mapping contract. Under the agreement, the Company will collect and deliver 3D digital elevation models (DEMs) and orthorectified radar images (ORIs) utilizing Intermap's interferometric synthetic aperture radar Synthetic aperture radar (SAR) Radar, airborne or satellite-borne, that uses special signal processing to produce high-resolution images of the surface of the Earth (or another object) while traversing a considerable flight path. (IFSAR IFSAR Interferometric Synthetic Aperture Radar ) mapping technology. Data will be collected and delivered in 2007. Included in the high-resolution datasets are digital surface models depicting the earth's surface Noun 1. Earth's surface - the outermost level of the land or sea; "earthquakes originate far below the surface"; "three quarters of the Earth's surface is covered by water" surface (including cultural features such as vegetation, buildings, and roads), digital terrain models displaying the bare earth (with all cultural features digitally removed), and orthorectified radar images (grayscale In computing, a grayscale or greyscale digital image is an image in which the value of each pixel is a single sample. Displayed images of this sort are typically composed of shades of gray, varying from black at the weakest intensity to white at the strongest, though in images that accentuate topographic features) to be used to update existing maps and provide mapping data in regions where current map data does not exist. "We continue to see a strong demand for our contract services due to our ability to collect and deliver a high-quality product on time and on budget," commented Garth Lawrence, senior vice president of operations for Intermap Technologies. "Furthermore, our proven IFSAR data collection system continues to operate and deliver data that meets and exceeds our customer's expectations around the world." About Intermap Technologies Intermap (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :IMP)(AIM:IMAP IMAP - Internet Message Access Protocol ) is creating uniform 3D digital models of the earth's surface and building a library of affordably priced elevation data and geometric images of unprecedented accuracy. The Company is proactively remapping entire countries and building uniform national databases, called NEXTMap([R]). Demand for NEXTMap([R]) data is growing as new commercial applications emerge within the GIS, engineering, automotive, personal navigation device A Personal Navigation Device (PND) is a portable electronic product which combines a positioning capability (such as GPS) and navigation functions. The earliest PND were hand-held GPS units (circa mid 1980s) which were capable of displaying the user's location on an , insurance risk assessment, oil and gas, hydrology hydrology, study of water and its properties, including its distribution and movement in and through the land areas of the earth. The hydrologic cycle consists of the passage of water from the oceans into the atmosphere by evaporation and transpiration (or , environmental planning Environmental planning is a relatively new field of study that aims to merge the practice of urban planning with the concerns of environmentalism. Essentially speaking, while urban planners have traditionally factored in economic development, transportation, sanitation, and other , wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , transportation, aviation, and 3D visualization markets. 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. This news release may contain 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. |
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