19:31:13 EDT Sat 27 Apr 2024
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Intermap Technologies Corp (2)
Symbol IMP
Shares Issued 37,693,710
Close 2023-09-21 C$ 0.53
Market Cap C$ 19,977,666
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Intermap to provide DTMs for Togo flood modelling

2023-09-21 17:31 ET - News Release

Mr. Patrick Blott reports

INTERMAP SUPPORTS WORLD BANK FLOOD MODELING PROJECT IN TOGO

Intermap Technologies Corp. will provide high-resolution digital terrain models (DTM) for flood hazard modelling for a World Bank project in the greater Lome region in Togo. Intermap is working with its partner, Twinn by Royal HaskoningDHV, to support this critical flood modelling project, and strengthen the community's flood resilience and risk management.

Intermap's NEXTMap DTM provides critical terrain information for flood hazard modelling. The greater Lome region, situated along the Gulf of Guinea in West Africa, experiences frequent flooding during the rainy season and has endured devastating floods due to heavy rainfall. Accurate terrain data and flood maps for the city and surrounding area are essential for evaluating flood risk and implementing strategic mitigation measures to safeguard the community and its critical infrastructure.

"Our partnership with Twinn highlights Intermap's dedication to providing top-tier geospatial solutions for critical projects worldwide," said Patrick A. Blott, Intermap chairman and chief executive officer. "Our high-resolution precision data supports the World Bank's flood hazard modelling project in Lome, strengthening the region's resilience against natural disasters."

"We are delighted to support Intermap and the World Bank in providing high-resolution world-class hazard data," said Mark Nunns, head of commercial, financial services, RHDHV. "Supporting initiatives like this underpins our core belief of enhancing society together."

Intermap has completed numerous projects for the World Bank, including a continuing precision data project for Colombia as well as a mapping project for the Commonwealth of Dominica, and flood mitigation work in Central Europe, Surinam and Azerbaijan. Intermap's NEXTMap digital terrain data reinforce Twinn's technology to support better decision making for flood and climate risk management around the globe. Twinn provides climate risk intelligence across 19 hazards, including flooding, drought, wildfires, earthquakes and volcanoes.

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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