Mr. Patrick Blott reports

INTERMAP'S INSURANCE SOFTWARE ENHANCES BNP PARIBAS CARDIF'S UNDERWRITING

Insurer BNP Paribas Cardif has upgraded its Intermap Technologies Corp. subscription for flood risk analytics for the Czech Republic.

This upgrade provides BNP Paribas Cardif with access to Intermap's latest generation of data and analytics through a subscription to its cloud-based Aquarius insurance risk analytics software. Aquarius enables insurance companies to improve underwriting precision, conduct accurate risk assessments across portfolios and expand into new areas of insurance underwriting. The new subscription also provides BNP Paribas Cardif with Intermap's newest flood hazard maps, alongside a range of upgraded tools and data sets to inform its underwriting process.

"The co-operation with Intermap allows us to move to the next level in the field of digitalization and risk management," said Zdenek Jaros, chairman and chief executive officer of BNP Paribas Cardif in the Czech Republic. "The newly available Aquarius RMA features and the latest flood maps will provide us with the technological tools for more accurate underwriting and tailored flood insurance product development, which will be especially appreciated by our clients that can rely on their insurer to understand their flood risk insurance."

"We are pleased to see another one of our customers renew and upgrade to our latest generation of Aquarius software," said Patrick A. Blott, Intermap chairman and CEO. "Our cutting-edge flood risk data and analytics enable global companies like BNP Paribas Cardif to make informed decisions and provide accurate portfolio evaluations for clients. Our solutions are available worldwide to support insurance companies with the same accuracy and precision in any country it operates."

Intermap's Aquarius solution is a cloud-based software that simplifies flood risk assessment by providing customizable access to critical data sets and advanced tools. Continually updated data sets ensure access to the latest information for areas of operation, allowing for efficient and optimized insurance processes, from primary underwriting to claims and reinsurance. By streamlining the insurance process and providing customers with essential data, Aquarius helps insurance companies make informed decisions, enabling them to mitigate risks, protect their assets and optimize their operations.

About Intermap Technologies Corp.

Founded in 1997 and headquartered in Denver, Colo., Intermap is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3-D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the company provisions diverse, complementary, multisource data sets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap's 3-D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world's largest collection of multisensor global elevation data, the company's collection and processing capabilities provide multisource 3-D data sets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap's products and solutions include defence, aviation and UAV (unmanned aerial vehicle) flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas, and transportation.

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