CALGARY, Dec. 3 /PRNewswire-FirstCall/ - Calgary-based Intermap
Technologies Corporation, (TSX:IMP) reported an increased focus on U.S.
investor activities to support its NEXTMap-USA project, which includes the
creation of a national U.S. terrain elevation and imagery database accurate to
one meter or better. The Company anticipates a significant increase in the
amount of U.S.-based business as a result of NEXTMap-USA.
"The U.S. investment community appears to be very receptive to what is
happening in the GIS (geographic information systems) space," stated Brian
Bullock, President and CEO. "With NEXTMap USA underway, we feel that a more
focused U.S. investor strategy is warranted to raise awareness and communicate
with institutional investors."
Intermap has retained Genesis Select Corporation to initiate a
comprehensive institutional investor relations program. Based in Boulder,
Colorado, Genesis Select will work closely with Intermap management to
communicate the Company's investment story to U.S.-based portfolio managers,
buy-side and sell-side analysts and the U.S. investment community at large.
Intermap is digitally remapping entire countries, building unprecedented
national databases, called NEXTMap, of highly accurate digital topographic
maps (including elevation). Customers purchase Intermap's high-quality,
low-cost data to facilitate better decision-making for numerous commercial,
governmental, military, and consumer applications.
Demand for NEXTMap data is growing as new commercial applications are
emerging, including geographical information systems (GIS), engineering
planning, transportation, automotive, navigation, flood, irrigation,
environmental management and planning, telecommunications network planning,
aviation, simulation, and 3D visualization. Internet applications include
virtual tours, topographic maps, and computer games. The products are also
used to add interactive intelligence to airborne and satellite images.
Headquartered in Denver, Colorado, Intermap employs more than 250 people
worldwide, with offices in Calgary, Ottawa, Munich, and Jakarta. Intermap is
publicly traded on the TSX under the symbol IMP.
SOURCE Intermap Technologies Corporation