DENVER, Sept. 11, 2017 /CNW/ - (TSX: IMP)
(ITMSF:BB) – Intermap Technologies Corporation ("Intermap"
or the "Company") announced today that the Company has been awarded
a $3.3 million expansion to its
original 2017 task order for geospatial infrastructure services,
previously announced on May 25, 2017.
The customers' 3-D digital elevation model (DEM) will be upgraded
with new void-free collection, provisioning, and editing of
elevation and image layers into a contiguous, wide area, high
resolution geospatial foundation.
Intermap is using its proprietary airborne sensor technology and
advanced processing platform to deliver new void-free baseline 3-D
elevation models and imagery, including fully edited and
orthorectified bare-earth digital terrain models (DTMs), Digital
Surface Models (DSM), radar imagery (ORI), and detailed hydrology.
Additional deliverables include detailed project reports and
in-depth accuracy assessments. All the work is completed using
ISO:9001 certified processes, with trained personnel and
comprehensive Quality Management, ensuring accuracy and
consistency.
Upon completion of its current Task Order, Intermap will have
delivered, to the U.S. Government, upgraded geospatial 3-D
infrastructure covering more than one million square kilometers
(1,000,000 sq. km).
"Intermap has a long history of providing services to the U.S.
Government," commented Patrick
Blott, Intermap Chairman and CEO. "By repeatedly exceeding
contract specifications, and delivering on-time, and on-budget,
this program has grown to more than $25
million since the first $2.2
million task order was awarded in 2010."
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.
About Intermap Technologies
Headquartered in Denver,
Colorado, Intermap (www.intermap.com) is an industry leader
in geospatial intelligence solutions. These geospatial solutions
are 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, oil and gas, renewable energy, hydrology, environmental
planning, land management, wireless communications, transportation,
advertising, and 3D visualization. Intermap generates revenue
from three primary business activities, comprised of i) data
acquisition and collection, using proprietary,
multi-frequency, radar sensor technologies, ii) value-added
data products and services, which leverage the Company's
proprietary NEXTMap® database and platform, together with
proprietary software and fusion technologies, and iii) commercial
applications and solutions, including a webstore and software sales
targeting selected industry verticals that rely on accurate high
resolution elevation data. 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, providing useful answers to
geospatial problems. 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