Mr. Scott Larson reports

URTHECAST SIGNS SIX NEW DATA DISTRIBUTORS

UrtheCast Corp. has signed six new data distributors for its high-resolution Earth video and imagery. This ultra HD colour video and medium-resolution imagery will be captured from UrtheCast's two cameras -- a one-metre-class, full-colour video camera and a five-metre-class, still-imagery camera -- aboard the International Space Station.

The details are as follows:

• Six new data distributors: one based in the Middle East and five in Europe;
• These new distributor agreements have minimum revenue commitments of $5-million per year, which distributors must meet in order to retain their respective licences and territorial rights to UrtheCast's imagery;
• Including these new distributors, UrtheCast's data distribution agreements total 16 distributors, representing minimum commitments of $26 million per year.

"The signing of these six distributors clearly demonstrates the market's strong interest in high-resolution, colour video of Earth from space. This is something that only UrtheCast's video camera can provide," explained UrtheCast's president and chief operating officer, Wade Larson. "In addition to the interest in colour video from space, the unique characteristics of the ISS orbit positions UrtheCast's data offering as complementary to more traditional Earth observation satellites."

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