DENVER, May 25, 2017 /CNW/ - (TSX: IMP) (ITMSF:BB)
Intermap Technologies Corporation ("Intermap" or the "Company")
announced the Company was awarded a $3.1
million task order for airborne radar mapping services.
Intermap is using its proprietary airborne sensor technology to
collect orthorectified radar imagery and high resolution elevation
data to enhance the customer's existing geospatial map database.
This new dataset will be used for improved disaster planning,
resource management, security interests, and infrastructure
planning. This foundation data may be used to support:
photogrammetric mapping; aero triangulation; orthophotography;
thematic mapping; geographic information systems development;
surveying and control acquisition; image manipulation, analysis,
and interpretation; map digitizing; data manipulations; ancillary
data acquisition; metadata production and revision; and the
production or revision of geospatial products.
The project will commence in June
2017.
"This award reinforces Intermap's leadership in wide-area data
acquisition solutions," commented Patrick
Blott, Chairman and Chief Executive Officer. "Our customers
return to Intermap for their largest geospatial projects. In
addition to our world class sensor technology, we deliver high
quality data on time and more cost effectively than
alternatives."
About Intermap Technologies
Headquartered in Denver,
Colorado, Intermap (www.intermap.com) is an industry leader
in geospatial intelligence solutions. These geospatial solutions
can be used in a wide range of applications including, but not
limited to, location-based information, risk assessment, geographic
information systems, engineering, utilities, global positioning
systems maps, oil and gas, renewable energy, hydrology,
environmental planning, land management, wireless communications,
transportation, advertising, and 3D visualization. Intermap has
three core sources of revenue: data acquisition and collection,
value-added data products and services and commercial applications
and solutions, and software solutions and services. The Company is
a world leader in data fusion, analytics, and orthorectification,
and has decades of experience aggregating data derived from a
number of different sensor technologies and data sources. For more
information please visit www.intermap.com.
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.
SOURCE Intermap Technologies Corporation