DENVER, Dec. 8, 2015 — Intermap (TSX: IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced that the Company has received three new orders totaling approximately $2.4 million for archived NEXTMap® data and professional services work.
Intermap’s NEXTMap foundation data provides the framework necessary for governments and businesses to make informed decisions and find intelligent solutions to their planning challenges. The Company’s professional services are designed to maximize an organization’s existing data investment. These services include the merging of disparate data into one homogeneous data specification (data fusion), and the engineering of alternative sensor data into value added products.
“Intermap’s Orion Platform® based IFSAR radar mapping technology combined with our professional services capabilities create the best and most reliable data sets for our customers,” said Todd Oseth, president and CEO of Intermap. “Follow-on orders from repeat customers is a strong endorsement of the long-term value of Intermap’s unique solutions approach. We expect to recognize the majority of this additional revenue during the current quarter.”
About Intermap Technologies
Headquartered in Denver, Colorado, Intermap Technologies is an industry leader in the creation of National Spatial Data Infrastructures (NSDIs) with its secure, cloud-based Orion Platform®. Through its powerful suite of applications and proprietary development of contiguous databases that fuse volumes of geospatial data into a single source, the Orion Platform is able to provide location-based solutions for customers in diverse markets around the world. For more information please visit www.intermap.com.