Intermap Technologies GmbH wins $3.7 million contract

Intermap Technologies GmbH wins $3.7 million contract

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Colorado, USA, 9 October 2006: Intermap Technologies Corp. announced on October 9 that its subsidiary Intermap Technologies GmbH has received a contract from an important international client for geospatial data valued at US$3.7 million. Under the agreement, Intermap will collect, process and deliver the data by the end of 2006.

Contract deliverables include high-resolution digital elevation data and radar imagery generated through Intermap’s Interferometric Synthetic Aperture Radar (IFSAR) mapping systems. The client will use the data to orthorectify existing high-resolution satellite imagery for updating regional maps, databases, and future planning.

With this contract, Intermap has now announced over $25 million of contracts during 2006 with $20 million originating from contract services work and $5 million originating from NEXTMap multi-client data licensing. During the second half of the year, Intermap has already announced $9.6 million in contract services work and $3.2 million in NEXTMap multi-client data licensing.

– About Interferometric Synthetic Aperture Radar
IfSAR or InSAR is an aircraft-mounted sensor designed to measure surface elevation, which is used to produce topographic imagery. Radar pulses are aimed at targets on the Earth, and the return ground signals are received by two antennas that record elevations (z) at specific ground coordinates (x,y). The ground coordinates are determined by GPS and inertial measurement unit (IMU) technology. Post-processing of these data produces topographic information in the form of orthorectified radar imagery (ORRI).

-Intermap Technologies-
Headquartered in Denver, Colorado, Intermap, a provider of 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.