DENVER, Colo., Sept. 16, 2015— Intermap (TSX: IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced that the Company has received a US$1.1 million expansion to aUS$2.1 million airborne radar mapping services solution contract previously announced on June 5, 2015, increasing the total value of the contract to $3.2 million.
Intermap is using its proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology to collect orthorectified radar imagery and high resolution elevation data to enhance the customer's existing geospatial map database. This new dataset will be used for improved disaster planning, resource management, security interests, and infrastructure planning. The final deliveries of the dataset are expected to be substantially complete by the end of the third quarter 2015.
"Because of its unique capabilities, Intermap's Orion Platform® based IFSAR radar mapping technology is considered to be the best and most reliable approach for the customer's requirements," said Todd Oseth, president and CEO of Intermap. "This expansion contract is a great endorsement for the quality of product that Intermap's unique solutions approach is able to deliver."
Headquartered in Denver, Colorado - Intermap (www.intermap.com) is an industry leader in geospatial solutions on demand with its secure, cloud based Orion Platform™. Through its powerful suite of 3DBI 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.