Intermap
(TSX:IMP), 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 enterprise contracts totaling US$850,000 from two leading
global telecommunications companies.
These global carriers have licensed Intermap’s LinkPro™ 3D business
intelligence application and the Company’s highly accurate NEXTMap
terrain and surface models for the planning and development of their 4G
Long Term Evolution (LTE) wireless networks in Europe.
"Across Europe and around the world, smart phone usage is at an all time
high with end users demanding faster data transfer rates and more
consistent network coverage,” said Todd Oseth, president and CEO of
Intermap. "Using Intermap’s LinkPro™ application and our highly accurate
NEXTMap terrain and surface data, network planners can quickly build out
their network virtually, and immediately identify obstructed links and
coverage issues. Results are viewed online and any corrective action can
be made instantly without interrupting the carrier’s workflow process
and without sending a network operations team into the field.”
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.
For more information, visit http://www.intermap.com/en-us/industries/telecommunicationstelecom.aspx.
About Intermap
(TSX: IMP.TO) 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.
