Monday, March 15, 2010 Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, today announced it has signed an agreement with Garmin Ltd., a global leader in satellite navigation. Under the terms of the three-year agreement, Intermap will furnish accurate 3D elevation data for the United States and Western Europe derived from its NEXTMap countrywide digital map database. Initial Garmin products utilizing NEXTMap data are expected to reach the consumer market beginning in the first half of 2010.
“We are very excited to be working with Garmin under this new relationship,” commented Brian Bullock, Intermap’s president and CEO. “Integrating our NEXTMap data with Garmin’s GPS and navigation products has many exciting possibilities that will enhance the consumer experience and the value they receive from daily use of these products.
“With our uniformly accurate and highly detailed elevation data, Garmin can upgrade maps in their outdoor GPS products, automotive portable navigation devices, and marine product lines,” Bullock continued. “The base map layer in GPS and navigation devices is very important for mapping applications. Our NEXTMap data is the most accurate 3D base map available and it enables our partners to continue to innovate and build superior products for consumers. Intermap is pleased that Garmin has chosen our NEXTMap data to enhance their product lines.”
With NEXTMap data, Garmin can enhance its outdoor product line through terrain rendering and the creation of shaded raster imagery. Additionally, with accurate and seamless three-dimensional data across multiple countries, Garmin can create elevation sensitive content and applications right across the range of their product line.
Detailed contract terms have not been released.
About Intermap Technologies
Intermap (TSX: IMP.TO) is a preeminent digital mapping company creating uniform high-resolution 3D digital models of the earth’s surface. The Company has proactively remapped entire countries and built uniform national databases, called NEXTMap®, consisting of affordably priced elevation data and geometric images of unprecedented accuracy. Demand for NEXTMap data is growing as new commercial applications emerge within the GIS, engineering, automotive, GPS maps, insurance risk assessment, oil and gas, hydrology, renewable energy, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets.
Headquartered in Denver, Colorado, Intermap has offices in Calgary, Detroit, Jakarta, London, Munich, Paris, Prague, and Washington D.C. For more information, visit www.Intermap.com, www.mobile.AccuTerra.com or www.AccuTerra.com.
NEXTMap® and AccuTerra® are registered trademarks of Intermap Technologies Corporation. Other companies and products mentioned herein may be trademarks or registered trademarks of their respective trademark owners.
Contacts:
Intermap Technologies
Brian Musfeldt, Vice President & Chief Financial Officer
bmusfeldt@Intermap.com
+1 303.708.0955
Canada – Financial
Corbet Pala, Investor Relations
E-vestor Communications Inc.
cpala@evestor.com
+1 416.657.2400
United States – Financial
Budd Zuckerman, Investor Relations
Genesis Select Corporation
bzuckerman@genesisselect.com
+1 303.415.0200
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