Intermap's NEXTMap® World 30™ Sales Surpass $1 Million on Demand Growth in 2013

- World 30 Sales Year-Over-Year Grow Over 15 Times in 2013 -

DENVER, Jan. 10, 2014 /CNW/ - Intermap Technologies (TSX:IMP), (ITMSF:BB), a leading provider of geospatial solutions on-demand created from its uniform, high-resolution 3D digital models of the earth's surface, today announced that its NEXTMap World 30 product surpassed sales of $1.2M in 2013, more than 15 times 2012 sales. World 30 is the world's first and only seamless digital map of the entire earth with a global accuracy of 7-meters.

The latest version of the World 30 product, announced August 21, 2013, is up to three times more accurate than competing global Digital Elevation Models (DEMs) such as NASA's Shuttle Radar Topographic Mission (SRTM) data and Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) Global Digital Elevation Model (GDEM). The World 30 dataset integrates seamlessly with Intermap's Orion Platform and provides a foundation data layer for the Company's web-based 3D Business Intelligence (3DBI®) applications including flood planning, advertising, telecommunications and risk management. World 30 enables the immediate delivery of the Company's 3DBI applications anywhere in the world.

"One of the most exciting features of our World 30 product is that it can be purchased, downloaded and used in the same day," said Todd Oseth, Intermap's president and CEO. "We've also started to see World 30 purchases as the first step in the implementation of larger Orion-based spatial data infrastructure projects around the world. It's clear that World 30 purchases can be an indicator of a customer's future interest in Intermap's other products and services."

The three key benefits of World 30 are:

Accuracy: The improved World 30 v2.0 DEM utilizes over 204 million ground control points with an accuracy of 25cm RMSE or better, to control the vertical elevation of an aggregated surface model derived from ASTER GDEM v2, SRTM v2.1 and GTOPO30. The corrected DEMs were combined with Intermap's proprietary data fusion technology, to create a seamless, void-filled and consistent dataset with a global accuracy of 7 meters RMSE.

Coverage: Intermap has applied its extensive terrain elevation knowledge and data fusion capabilities to create an application-ready product for the entire globe. All voids or anomalies found in the native SRTM or ASTER data have been meticulously removed and repaired in the World 30 dataset.

Access: Data is available instantly: (1) via the cloud as an Open Geospatial Consortium (OGC) compliant Web Map Service (WMS) or Web Coverage Service (WCS) dataset, (2) via API, or (3) for purchase at Intermap's WebStore: https://store.intermap.com/MapShop.aspx?GeoLocation=World.

A sample of NEXTMap World 30 v2.0 can be found at http://www.intermap.com/solutions/World30.aspx.

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

Investor Relations contact:   

Canada
Cory Pala, Investor Relations
e-vestor Communications Inc.
[email protected]
[phone]

United States
Budd Zuckerman, Investor Relations
Genesis Select Corporation
[email protected]
[phone]