Intermap Announces New Government Project in Malaysia
January 04 2023 - 7:30AM
Intermap Technologies (TSX: IMP; OTCQX: ITMSF) (“Intermap” or the
“Company”), a global leader in 3D geospatial data and intelligence
solutions, today announced it was awarded another government
contract in Malaysia to provide 3D elevation data to help assess
the causes of pollution in the Skudai River for the State of Johor
Baru.
The Johor Water Management Authority in West Malaysia is
conducting analysis to identify locations where pollution is
entering the Johor River. The Johor River basin is a critical water
resource that supplies fresh water to the southern region of West
Malaysia, including approximately 40% of the fresh water supply to
the city-state of Singapore. The river is one of the most polluted
in West Malaysia. River cleanup and stopping the illegal dumping of
trash are government priorities.
“Southeast Asian nations and other cloud-belt countries are
difficult to map,” said Patrick A. Blott, Intermap Chairman and
CEO. “With our unique technology that penetrates cloud cover,
governments benefit from new 3D data and archive products for
natural resources and water resources management, which are
essential elements of environmental protection and climate
resilience.”
Intermap’s versatile 3D elevation datasets and analytics are
applied to a variety of environmental work, such as pollution
management, renewable energy planning, water resource management
and sustainable land development. The Company’s multi-use data and
analytics are also utilized in climate resilience projects for
flood mitigation and stormwater infrastructure, where governments
face increasing pressure to allocate more resources.
A long history of working relationships with local partners in
Southeast Asia makes Intermap a key provider of 3D elevation data
for government agencies. The Company leverages its experience,
proprietary data and technology to supply critical information for
the development of national mapping programs and has built a robust
pipeline of government work in the region. Learn more about
Intermap’s government solutions at
intermap.com/government-regulated-industries.
In Malaysia, Intermap’s 3D elevation data and cloud-free archive
imagery are being employed to assess sites with the highest
potential of source pollutants. The elevation data will be used to
create contours to identify drainage areas into the river. 3D radar
imagery is essential for identifying above-ground features such as
large buildings, factories and other potential sources of
near-river structures potentially dumping into the river. Learn
more about Intermap’s elevation data for environmental projects at
intermap.com/nextmap.
Intermap collects, creates and delivers operationally relevant,
easy-to-assimilate 3D precision intelligence at scale for use in
government and commercial applications. The Company’s geospatial
intelligence solutions leverage one of the most extensive
commercial archives of 3D geospatial data. Its airborne and
proprietary processing technology enables governments to build
critical geospatial infrastructure for critical planning decisions
affecting resource allocation, transportation, power management,
environmental monitoring, topographic mapping, disaster mitigation,
public safety, and defense. Learn more about Intermap’s data
collection at intermap.com/collection.
Intermap Reader AdvisoryCertain
information provided in this news release constitutes
forward-looking statements. The words "anticipate", "expect",
"project", "estimate", "forecast", “will be”, “will consider”,
“intends” and similar expressions are intended to identify such
forward-3looking statements. Although Intermap believes that these
statements are based on information and assumptions which are
current, reasonable and complete, these statements are necessarily
subject to a variety of known and unknown risks and uncertainties.
Intermap’s forward-looking statements are subject to risks and
uncertainties pertaining to, among other things, cash available to
fund operations, availability of capital, revenue fluctuations,
nature of government contracts, economic conditions, loss of key
customers, retention and availability of executive talent,
competing technologies, common share price volatility, loss of
proprietary information, software functionality, internet and
system infrastructure functionality, information technology
security, breakdown of strategic alliances, and international and
political considerations, as well as those risks and uncertainties
discussed Intermap’s Annual Information Form and other securities
filings. While the Company makes these forward-looking statements
in good faith, should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect,
actual results may vary significantly from those expected.
Accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or
occur, or if any of them do so, what benefits that the Company will
derive therefrom. All subsequent forward-looking statements,
whether written or oral, attributable to Intermap or persons acting
on its behalf are expressly qualified in their entirety by these
cautionary statements. The forward-looking statements contained in
this news release are made as at the date of this news release and
the Company does not undertake any obligation to update publicly or
to revise any of the forward-looking statements made herein,
whether as a result of new information, future events or otherwise,
except as may be required by applicable securities law.
About Intermap
TechnologiesFounded in 1997 and headquartered in Denver,
Colorado, Intermap (TSX: IMP; OTCQX: ITMSF) is a global leader in
geospatial intelligence solutions, focusing on the creation and
analysis of 3D 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, multi-source datasets to enable customers
to seamlessly integrate geospatial intelligence into their
workflows. Intermap’s 3D 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 multi-sensor global elevation data, the Company’s
collection and processing capabilities provide multi-source 3D
datasets 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 defense, aviation and UAV 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.
For more information, please visit
www.intermap.com or
contact:Jennifer BakkenExecutive Vice President and
CFOCFO@intermap.com+1 (303) 708-0955
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