Intermap Announces $950,000 NEXTMap Enterprise Sale

DENVER, Oct. 19, 2011 /CNW/ - Intermap, a leading provider of location-based information (LBI) solutions created from its uniform, high-resolution 3D digital models and orthorectified imagery of the Earth's surface, today announced it has received a two-year, US$950,000 enterprise contract from a leading global telecommunications company for its NEXTMap LinkPro™ 3D Business Intelligence application.

This leading telecommunications company will help their customers modernize their networks by using Intermap's accurate NEXTMap clutter height data for the planning and development of 4G Long Term Evolution (LTE) wireless networks across the United States.

The NEXTMap LinkPro application was designed to support network expansion projects by delivering precise terrain profiles that include cultural features such as vegetation, buildings and roads. Network planners can immediately view the results online or import the data into their network planning software to create accurate direct path models that quickly verify whether lines of sight between existing and proposed tower locations are unimpeded.

"Network optimization and expansion strategies were once created based on inconsistent and unreliable elevation data that required labor-intensive and costly field surveys to identify potential network obstructions," said Todd Oseth, president and CEO of Intermap. "Today, with speed to market being so critical, network planners can quickly use our NEXTMap LinkPro application to retrieve the data they need to determine the best network expansion strategy for a specific area."

For more information, visit http://www.intermap.com/en-us/industries/telecommunicationstelecom.aspx.

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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