Intermap Announces $338,000 NEXTMap Data Sale to the Bureau of Indian Affairs
DENVER, Sept. 12, 2011 /CNW/ - Intermap, a leading provider of location-based information (LBI) solutions created from its uniform, high-resolution 3D digital models of the earth's surface, today announced that it has received a $338,000 contract from the Bureau of Indian Affairs (BIA) Division of Water and Power (DWP) to provide Digital Terrain Models (DTM) from its NEXTMap USA database. The DTMs will be used to perform flood modeling for more than 140 dams located in areas inhabited by approximately 1.9 million people.
Intermap's NEXTMap data will be used to derive physical parameters of dams and their corresponding watersheds, simulate flood events and generate flood maps.
"If a dam fails in a heavily populated area, there can be significant human impact," said Shane Willard, geospatial manager for the Bureau of Indian Affairs. "Using Intermap's terrain data, we're able to delineate the inundation zone which results from a potential dam failure, identify structures that may be impacted and plan emergency operations to evacuate residents."
The BIA is responsible for the administration and management of 55 million surface acres and 57 million acres of subsurface minerals estates held in trust by the United States for American Indian, Indian tribes and Alaska Natives.
"The devastating and widespread flooding across the United States has clearly demonstrated the need for counties, cities and states, to be prepared with a flood mapping application to protect their citizens and property," said Todd Oseth, president and CEO of Intermap. "Flood mapping is a core market that Intermap is addressing with our NEXTMap database worldwide. We're pleased to provide our 3D NEXTMap data to assist the BIA in creating highly accurate flood hazard maps that will be used to minimize the impact of a dam failure."
BIA secured Intermap's digital terrain information via Carahsoft. Carahsoft serves as master GSA schedule holder for Intermap, making the Company's LBI solutions readily available to federal, state and local government markets.
For more information, visit www.intermap.com.
About the Bureau of Indian Affairs
Programs administered through the Bureau of Indian Affairs (BIA) include social services, natural resources management on trust lands representing 55 million surface acres and 57 million acres of subsurface minerals estates, economic development programs in some of the most isolated and economically depressed areas of the United States, law enforcement and detention services, administration of tribal courts, implementation of land and water claim settlements, housing improvement, disaster relief, replacement and repair of schools, repair and maintenance of roads and bridges, and the repair of structural deficiencies on high hazard dams, the BIA operates a series irrigation systems and provides electricity to a rural parts of Arizona.
About Intermap
Headquartered in Denver, Colorado, Intermap (www.intermap.com) is a leading provider of Location-Based Information (LBI), setting the industry standard for creating high-resolution 3D digital models of the earth's surface. The Company has remapped entire countries, to build NEXTMap® national databases consisting of affordably priced elevation data and geometric images of unparalleled accuracy. Turnkey solutions can be purchased from the Company's NEXTMap Online Store, a hosted web services platform offering a variety of subscription levels by geography, data-layer, individual or enterprise wide license. Intermap's cloud-based hosted model offers customers the most convenient and affordable method to satisfy a customer's needs with both a Platform as a service (PaaS) and Software as a service (SaaS) options. For more information about Intermap's web services please visit http://www.intermap.com/en-us/purchase.aspx.
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.
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