DENVER, Dec. 21, 2018 /CNW/ - Intermap Technologies today
announced that it has received a USD $1.8 million government contract to provide current, high
resolution elevation data and orthorectified radar imagery for an international project. The Company's client will take delivery
of its models and data immediately through commercial, off-the-shelf provisioning ("COTS"), under our NEXTMap program. High
resolution terrain models, derived from multiple sensor inputs, that are consistent, contiguous, and orthorectified, and
available immediately, enable various government services, including topographic map production, 3D visualization, infrastructure
development, telecommunications planning, safety of navigation, emergency response, and resource management. Our NEXTMap
program and COTS elevation-as-a-service are available directly from Intermap or bundled as options in software subscriptions from
our commercial partners, such as Global Mapper.
"We continue to deliver immediate, high-value geospatial solutions to our international customers, backed by our proprietary,
high-acuity, digital elevation products available in real time under our industry-leading NEXTMap One program," commented
Patrick Blott, Chairman & CEO. "This award, and the rapid provisioning of complex,
multi-sourced sensor data, covering difficult terrain and weather environments, demonstrate Intermap's global reach and its
ability to deliver effective solutions in a rapid response format."
About Intermap Technologies
Headquartered in Denver, Colorado, Intermap (TSX: IMP) (ITMSF: BB) 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: multi-sensor data
acquisition and collection, enriched data products, and commercial applications, software and solutions. The Company is a world
leader in data fusion, analytics, and orthorectification, and has decades of experience aggregating, enriching, and managing 3-D
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.
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SOURCE Intermap Technologies Corporation
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