11:27:52 EDT Sat 27 Apr 2024
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Intermap Technologies Corp (2)
Symbol IMP
Shares Issued 37,693,710
Close 2023-06-23 C$ 0.62
Market Cap C$ 23,370,100
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Intermap signs subscription deal with outdoor platform

2023-06-26 12:27 ET - News Release

Mr. Patrick Blott reports

INTERMAP ANNOUNCES SUBSCRIPTION WITH OUTDOOR RECREATION PLATFORM

Intermap Technologies Corp. has arranged a two-year data subscription agreement with a leading outdoor recreation and fitness platform.

Intermap's NEXTMap elevation data is seamlessly integrated into the platform, providing users with access to precise terrain information for planning routes, collecting performance metrics, and exploring trails and points of interest. The company's datasets provide a comprehensive solution for global elevation data, ensuring continuous, consistent data quality worldwide.

The platform has tens of millions of active users who will benefit from NEXTMap's detailed terrain data. Whether it is for exploring new trails with 3-D visualization, tracking performance metrics with accurate distance and gradient statistics, or sharing adventures with friends, Intermap's data enriches the user experience and provides the confidence for safe planning, navigation and enjoyment of outdoor activities.

"We are excited to provide the outdoor community with access to our elevation data through this platform," said Patrick A. Blott, Intermap chairman and chief executive officer. "By combining our high-resolution, globally available elevation data with the platform's innovative offerings, we empower users around the world with key information and insights for engaging in a diverse range of outdoor activities."

About Intermap Technologies

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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