Intermap Technologies today announced that it has completed the data
collection of its NEXTMap® Europe 3D mapping program. The company-funded initiative to collect
approximately 2.2 million km2 across Europe
began with Great Britain in 2003, continued with Germany in 2006, and
was completed April 11, 2008. The Company´s
NEXTMap Europe datasets include 18 Western European countries, including
Andorra, Austria, Belgium, Czech Republic, Denmark, France, Germany
Ireland, Italy, Liechtenstein, Luxembourg, Monaco, the Netherlands
Portugal, San Marino, Spain, Switzerland, and the United Kingdom. The
processing of the data is underway and is scheduled to be fully
completed by March 31, 2009.
According to Brian Bullock, Intermap´s
president and CEO, "this is a feat of
tremendous significance. Never before has a commercial enterprise
endeavored to collect a database of uniformly accurate 3D elevation data
and orthorectified images of entire countries, let alone nearly half of
a continent. A project of this magnitude is not only unheard of, it
provides an enabling foundation for the development of a variety of
applications that rely on high-quality and consistent elevation data."
The NEXTMap Europe program will generate national datasets at
unprecedented accuracy and detail that include 3D digital terrain models
and digital surface models containing more than 80 billion elevation
measurements. In addition, the datasets include black and white and
color orthorectified radar images containing over 1.3 trillion pixels
each. The Company is also creating contours, 3D road centerline
geometries, and other high-resolution geospatial products as part of the
program. The NEXTMap data is available directly from Intermap or through
selected partners worldwide.
"European companies and governments, and
international enterprises will benefit greatly by having access to such
a comprehensive data set," continued Mr.
Bullock. "As initiatives mandated by the
European Union affect companies across a wide range of industries and
countries, we´re pleased to be in a position
to meet their geospatial needs."
The ever growing geospatial market will benefit from this new
foundational layer in the areas of geographic information systems (GIS)
environmental management, carbon emission reduction, fuel efficiency
improvements, engineering planning, transportation, automotive
recreation, risk management for flood and windstorm damage, irrigation
telecommunications/wireless network planning, aviation safety, wind
energy, 3D visualization, online virtual tours, topographic maps, and
computer games.
The Company will continue its ongoing processing and editing of the
collected data to produce commercially available datasets over the
coming ten months. Additionally, the Company is continuing its
collection, processing, and editing of its NEXTMap USA program, which is
expected to be completed by the end of 2009. Once the U.S. is complete
the Company intends to expand its coverage to include the entire
European Union.
About Intermap Technologies
Intermap (TSX: IMP.TO)(AIM: IMAP.L) is a preeminent digital mapping
company creating uniform high-resolution 3D digital models of the Earth´s
surface. The Company is proactively remapping entire countries and
building uniform national databases, called NEXTMap®
consisting of affordably priced elevation data and geometric images of
unprecedented accuracy. Demand for NEXTMap data is growing as new
commercial applications emerge within the GIS, engineering, automotive
personal navigation device, insurance risk assessment, oil and gas
hydrology, environmental planning, wireless communications
transportation, aviation and 3D visualization markets.
Headquartered in Denver, Colorado, Intermap employs more than 660 people
worldwide, with additional offices in Munich, Prague, Calgary, Detroit
Jakarta, London, Ottawa, and Washington, D.C. For more information
visit www.Intermap.com.
NEXTMap® is a registered trademark of
Intermap Technologies Corporation.
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.
