DigitalGlobe's Lock-Up Period Extended to November 27th
October 19 2009 - 8:00AM
Marketwired
DigitalGlobe (NYSE: DGI), a leading global provider of commercial
high-resolution, world-imagery products and services for defense
and intelligence, civil government, and commercial clients, today
announced that lock-up agreements entered into with its
underwriters in conjunction with its initial public offering will
be extended 18 days beyond the Company's November 9, 2009 earnings
release. The lock-up period was due to expire on November 9, but
the Company's underwriting agreement provided for an automatic
extension, depending on the timing of DigitalGlobe's quarterly
earnings press release. The first sales of shares restricted by the
underwriter's lock-up may take place on Friday, November 27, 2009.
About DigitalGlobe
DigitalGlobe is a leading global provider of commercial,
high-resolution, world-imagery products and services for defense
and intelligence, government, and commercial clients. Sourced from
its own advanced satellite constellation, DigitalGlobe's imagery
solutions support a wide variety of uses for government agencies,
civil agencies, mapping and analysis, environmental monitoring, oil
and gas exploration, infrastructure management, Internet portals,
and navigation technology. With advanced collection sources and a
comprehensive ImageLibrary containing more than 730 million square
kilometers of imagery and imagery products, DigitalGlobe offers a
range of on- and off-line products and services designed to enable
clients to access and integrate imagery seamlessly into business
operations and applications. For more information, please visit
www.digitalglobe.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, as
amended. Forward-looking statements relate to future events or our
future financial performance. We generally identify forward-looking
statements by terminology such as "may," "will," "should,"
"expects," "plans," "anticipates," "could," "intends," "target,"
"projects," "contemplates," "believes," "estimates," "predicts,"
"potential" or other similar words, although not all
forward-looking statements contain these words. Any forward-looking
statements contained in this release are based upon our historical
performance and on our current plans, estimates and expectations.
Such forward-looking statements are subject to various risks,
uncertainties and assumptions. Our actual financial and operational
results may vary materially from those indicated in these
statements. Additional information regarding risk factors,
uncertainties and assumption concerning our business is described
more fully in documents filed by us with the Securities and
Exchange Commission (SEC). We undertake no obligation to update any
forward-looking statement to reflect events or circumstances after
the date on which the statement is made or to reflect the
occurrence of unanticipated events.
Media Contacts: KC Higgins DigitalGlobe 303.999.1578 Email
Contact Ginger Lennon Racepoint Group 781.487.4600 Email Contact
Investor Contact: Linda Rothemund Market Street Partners
303.684.4210 Email Contact
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