GeoEye Expands Presence in Europe to Meet Increased Demand
Amsterdam Office Will Grow Partner Network, Market and Sell GeoEye-2 Satellite Imagery
HERNDON, Va., June 22, 2012 /PRNewswire/ -- GeoEye, Inc. (NASDAQ: GEOY), a leading source of geospatial information and insight, announced it has expanded its office in the Amsterdam World Trade Center to meet rapidly growing demand in western and eastern Europe for the world's highest resolution commercial satellite imagery. The expansion comes just five months after GeoEye successfully established its European sales and customer service operation.
The office expansion will ensure that customers get superior customer service and continuous access to the best quality commercial satellite imagery now and in the future. When the GeoEye-2 satellite launches in early 2013, it will surpass GeoEye-1 as the world's highest resolution and most accurate commercial imaging satellite on orbit.
Andy Hanna , senior director of GeoEye's European, Russian and Turkish sales regions said, "Our European, Russian and Turkish customers have always been very innovative in using geospatial imagery to address complex and pressing global problems like energy and fleet resource monitoring, land use and planning and critical infrastructure protection. Despite concerns about European budgets and austerity measures, our direct engagement with local partners and customers has been exceptionally positive. Our growing partner network now has sales resources on the ground in more than 12 of the top European Union countries covering in excess of 89 percent of European markets by GDP."
The new European offices can be reached by e-mail at email@example.com or by phone at +31 (0) 203 331 762.
GeoEye, its partners and resellers continue to develop new ways to maintain leadership in satellite imaging while expanding their services and expertise into new markets. The company's growing global sales network currently comprises 12 strategic business partners (government and commercial) and more than 100 resellers who use a combination of high-resolution, extremely accurate Earth imagery, geospatial expertise and enabling technology to deliver elevated insight to a global customer base.
GeoEye is a leading source of geospatial information and insight for decision makers and analysts who need a clear understanding of our changing world to protect lives, manage risk and optimize resources. Each day, organizations in defense and intelligence, public safety, critical infrastructure, energy and online media rely on GeoEye's imagery, tools and expertise to support important missions around the globe. Widely recognized as a pioneer in high-resolution satellite imagery, GeoEye has evolved into a complete provider of geospatial intelligence solutions. GeoEye's ability to collect, process and analyze massive amounts of geospatial data allows our customers to quickly see precise changes on the ground and anticipate where events may occur in the future. GeoEye is a public company listed on NASDAQ as GEOY and is headquartered in Herndon, Virginia with more than 750 employees worldwide. Learn more at www.geoeye.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Without limitation, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "will" and similar expressions are intended to identify forward-looking statements. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future, including statements relating to growth, expected levels of expenditures and statements expressing general optimism about future operating results, are forward-looking statements. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements and those presented elsewhere by our management from time to time are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, but are not limited to, those described in "Risk Factors" included in our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2011, which we filed with the Securities and Exchange Commission ("SEC") on March 13, 2012, and our Quarterly Report on Form 10-Q for the period ended March 31, 2012, which we filed with the SEC on May 4, 2012. Copies of all SEC filings may be obtained from the SEC's EDGAR Web site, http://www.sec.gov/, or by contacting: William L. Warren , Executive Vice President, General Counsel and Secretary, at 703-480-5672.
SOURCE GeoEye, Inc.
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