Intermap Technologies Announces Joint Development Agreement for 3D Automotive Applications with Siemens VDO

Intermap Technologies Corp. (TSX:IMP.TO)(AIM:IMAP.L) today
announced an agreement with Siemens VDO to jointly develop products to
support emerging Intelligent Transportation System (ITS) applications.
The development agreement brings together Siemens VDO, a leading
provider of innovative automotive systems, and Intermap Technologies,
a preeminent mapping company that is proactively creating a worldwide
three-dimensional geospatial database called NEXTMap.

This agreement sets the stage for a synergistic relationship
integrating Intermap's 3D road vector data, derived from the Company's
highly accurate NEXTMap data, into Siemens VDO's map-based predictive
automotive applications. Once developed, these applications will
deliver functionality and on-board sensors that provide active safety
within vehicles to reduce accidents and traffic fatalities.

"Intermap is excited about the opportunity this partnership brings
to the table. As one of the world's leading international automotive
electronics and mechatronic suppliers, Siemens VDO is an ideal partner
for introducing this highly innovative technology," commented Dr.
Manfred Krischke, European vice president and managing director of
Intermap Technologies GmbH.

As part of the NEXTMap Europe program, Intermap will finish
mapping Germany in early 4Q 2006 and the remainder of Western Europe
by the end of 2007. The entire U.S. will be mapped concurrently with
the European initiative and is scheduled for completion in 2008.

"The automotive industry is continuing its move to digital
applications and, as we complete accurate 3D maps for Europe and the
U.S., our comprehensive 3D road vector databases will enable future
active safety, driver assistance, and navigation systems," commented
Eric DesRoche, Intermap's senior vice president of strategic business
development. "These databases will enable automotive electronics to
predict what lies ahead and alert drivers of impending hazards.
Advance predictions of road geometries will be an invaluable component
of visualization devices, vehicle fuel performance enhancement
systems, and Advanced Driver Assistance Systems (ADAS)."

About Intermap Technologies

Intermap enables customers to facilitate better decision-making
and create applications for numerous commercial, governmental,
military, and consumer products through the purchase of high quality
and affordable elevation datasets. The Company is proactively
remapping entire countries and building unprecedented national
databases, called NEXTMap, consisting of highly accurate digital
topographic maps that include elevation data.

Demand for NEXTMap data is growing as new commercial applications
are emerging, including geographical information systems (GIS),
engineering planning, transportation, automotive, navigation, flood,
irrigation, environmental management and planning,
telecommunications/wireless network planning, aviation, simulation,
and 3D visualization. Internet applications include virtual tours,
topographic maps and computer games. Datasets are also used to add
interactive intelligence to airborne and satellite imagery.

Headquartered in Denver, Colorado, Intermap employs more than 280
people worldwide, with offices in Calgary, Ottawa, Munich and Jakarta.
For more information, visit www.intermap.com.