DENVER, June 5, 2015 /PRNewswire/ - Intermap (TSX:
IMP), (ITMSF:BB), a leading provider of location-based
solutions, today announced that the Company was awarded a US
$2.1 million contract for an airborne
radar mapping services solution.
Intermap is using its proprietary Interferometric Synthetic
Aperture Radar (IFSAR) 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. The project will
commence in July 2015 and the final
deliveries of the dataset are expected to be substantially complete
by the end of the end of the year 2015.
"Because of its unique capabilities, Intermap's Orion
Platform® based IFSAR radar mapping technology is
considered to be the best and most reliable approach for the
customer's requirements," said Todd
Oseth, president and CEO of Intermap. "Intermap's unique
solutions approach was a key component for this contract win."
About Intermap
Headquartered in Denver, Colorado - Intermap (www.intermap.com)
is an industry leader in geospatial solutions on demand with its
secure, cloud based Orion Platform™. Through its powerful suite of
3DBI applications and proprietary development of contiguous
databases that fuse volumes of geospatial data into a single
source, the Orion Platform is able to provide location- based
solutions for customers in diverse markets around the world. 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
