ITT ITT Inc

First Next Generation Sensor Delivered for Commercial Remote Sensing Industry LONGMONT, Colo., Aug. 7 /PRNewswire/ -- DigitalGlobe(R), provider of the world's highest resolution commercial satellite imagery and geospatial information products, announced today that ITT Corporation (NYSE:ITT) has completed and shipped the imaging sensor for the next generation WorldView 1 satellite. Thorough testing at ITT has demonstrated that this sensor, the first next-generation commercial sensor to be delivered, will meet DigitalGlobe's performance specifications. The WorldView 1 sensor is now at Ball Aerospace & Technologies Corp. to be integrated into the satellite. With completion of this milestone, DigitalGlobe has completed the majority of the financial milestones against the National Geospatial-Intelligence Agency's NextView contract, for which the system is being constructed to support imagery delivery. "This is a great achievement and a very important milestone. We have retired a significant amount of schedule risk," stated Jill Smith, president and CEO of DigitalGlobe. "The WorldView 1 satellite continues to show steady progress. We are eager to get the WorldView 1 satellite on-orbit in mid-2007 to add capacity on top of the QuickBird imaging satellite, and to meet the growing requirements of government and commercial customers." About DigitalGlobe Longmont, Colo.-based DigitalGlobe (http://www.digitalglobe.com/) is the clear leader in the global commercial Earth imagery and geospatial information market. The company's technical superiority and innovation, unparalleled commitment to customer service, extensive business partner network and open systems philosophy make DigitalGlobe the preferred supplier of imagery products to government and commercial markets. DigitalGlobe's QuickBird satellite is the world's highest resolution commercial imaging system. The company's next-generation WorldView 1 is scheduled to launch in mid-2007, and WorldView 2 is anticipated to launch in 2008. The company's updated and growing ImageLibrary contains over one hundred eighty million square kilometers of global imagery for countless mapping and planning needs. DigitalGlobe is a registered trademark of DigitalGlobe. DATASOURCE: DigitalGlobe CONTACT: Chuck Herring of DigitalGlobe, +1-303-684-4020, Web site: http://www.digitalglobe.com/

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