Intermap Completes Previously Announced Warrant Issuance

DENVER, Jan. 7, 2015 /CNW/ -  (TSX:IMP) - Intermap Technologies Corporation ("Intermap" or the "Company") announces that further to its press releases dated December 29, 2014 and December 31, 2014, it has issued warrants (the "New Warrants") to purchase up to 4,597,443 common shares of the Company to certain holders of previously-issued promissory notes and warrants of the Company in consideration for the release by the holders of a first priority lien in certain of the Company's secured assets and the sharing of security on the remainder of the Company's assets on a pro-rata basis with a new lender under the Company's debt financing completed on December 26, 2014. The New Warrants are exercisable into common shares at $0.08 per share until February 6, 2017.

About Intermap Technologies
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.

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.

SOURCE Intermap Technologies Corporation

Intermap Technologies: Rich Mohr, Senior Vice President & Chief Financial Officer, [email protected], [phone]; Canada - Financial: Cory Pala, Investor Relations, e.vestor Communications Inc., [email protected], [phone]