Zurich, 31 January 2007 – CyberCity AG and the Chinese company Beijing Lingtu Software Co. Ltd. have established a Beijing-based joint-venture called Lingtu-CyberCity. The objective of the company is the generation of large-area 3D city models, starting with Beijing and Hong Kong.
Lingtu has developed their own car navigation system as well as a location based service system for mobile devices and distributes these systems in China. Lingtu-CyberCity will make 3D data available for these applications.
Furthermore the Joint-Venture will consolidate the technical possibilities and know-how of Lingtu and CyberCity AG and extent the market for both companies globally. The contract was signed on December 6, 2006 by the Lingtu Board Chairman Li Zhongliang and from the CyberCity party by CEO Dr. Franz Steidler and CTO Dr. Xinhua Wang.
– About CyberCity AG
CyberCity AG (www.cybercity.tv) is a worldwide operating System- and Software-Company specialized in the creation and visualization of reality-based virtual 3D city and facility models. CyberCity applies its proprietary software to generate high-quality 3D models of cities from aerial-/satellite imagery (photogrammetry) and airborne laserscanner data (LIDAR), GIS and 3D computer graphics. CyberCity clients and partners include companies and institutions in Europe, USA, the Middle East and Asia. Applications in the field of planning, tourism, safety and navigation are offered. More information is available on the Internet at www.cybercity.tv.