VANCOUVER, March 20, 2016 /CNW/ - UrtheCast Corp.
(TSX:UR) ("UrtheCast" or the "Company") today announces that it
will host a conference call regarding its 2016 fourth quarter and
full-year financial results at 4:30 p.m.
ET (1:30 p.m. PT) on
Tuesday, March 28, 2017.
UrtheCast expects to report its financial results for the fiscal
year ending December 31, 2016 that
same day at 4:00 p.m. ET
(1:00 p.m. PT). The live
conference call will be available by calling toll-free at
1-800-806-5484, or by toll call at 1-416-340-2217. The participant
pass code is 1329750. An archived version of the conference call
will be made available on the Company's investor website
(investors.urthecast.com) following the live conference call.
ABOUT URTHECAST CORP.
UrtheCast Corp. is a Vancouver-based technology company that serves
the rapidly evolving geospatial and geoanalytics markets with a
wide range of information-rich products and services. The Company
operates Earth Observation (EO) sensors in space, including two
satellites, Deimos-1 and Deimos-2, to produce imagery data that is
displayed on UrtheCast's cloud-based web platform and sold to
partners and customers. Through its subsidiary Deimos Imaging,
UrtheCast processes and distributes imagery data and value-added
products on behalf of the PanGeo Alliance, a network of eight
satellite operators with a combined 15 medium- and high-resolution
EO sensors. UrtheCast is also developing and expects to launch two
EO satellite constellations: the world's first fully-integrated
constellation of sixteen multispectral optical and SAR satellites,
called OptiSAR™, and an eight-satellite constellation
designed to capture high-quality, medium-resolution optical imagery
of the Earth's entire landmass (excluding Antarctica) every day, called
UrtheDaily™. Together, the Company believes these
constellations will revolutionize monitoring of our planet with
medium- and high-resolution, high-coverage and high-revisit imagery
in all weather conditions. Common shares of UrtheCast trade on the
Toronto Stock Exchange as ticker 'UR'.
For more information, visit UrtheCast's website
at www.urthecast.com.
Forward Looking Information
This release contains certain information which, as
presented, constitutes "forward-looking information within the
meaning of applicable Canadian securities laws. Forward-looking
information involves statements that relate to future events and
often addresses expected future business and financial performance,
containing words such as ""believe" and "expect", statements that
an action or event "will" occur, or other similar expressions
and includes statements relating to UrtheCast's expectations with
respect its current sensors and proposed
OptiSAR™ and
UrtheDaily™ constellations.
Such statements reflect UrtheCast's current views with respect to
future events and are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by UrtheCast, are
inherently subject to significant uncertainties and contingencies.
Many factors could cause UrtheCast's actual results or achievements
to be materially different from any future results or achievements
that may be expressed or implied by such forward-looking
statements, including, among others: any delays or failures in the
design, development, construction, launch or operational
commissioning of the proposed OptiSAR™
or UrtheDaily™ constellations;
failures aboard the Deimos-1 or Deimos-2 satellites; and any
interruption or decline of the PanGeo Alliance, as well as those
factors and assumptions discussed in UrtheCast's annual information
form dated March 29, 2016, (the
"AIF"), which is available under UrtheCast's SEDAR profile
at www.sedar.com. Forward-looking information is
developed based on assumptions about such risks, uncertainties and
other factors set out herein, in the AIF, and as disclosed from
time to time on UrtheCast's SEDAR profile. UrtheCast undertakes no
obligation to update forward-looking statements except as required
by Canadian securities laws. Readers are cautioned against
attributing undue certainty to forward-looking statements.
SOURCE UrtheCast Corp.