Intermap Technologies Hires European Vice President of Strategic Business Development

2008-08-05 00:00:00

Intermap Technologies Hires European Vice President of Strategic Business Development

DENVER & MUNICH, Germany–(EMWNews)–Intermap Technologies, a geospatial market leader proactively remapping

entire countries and building highly accurate digital elevation

datasets, has hired Adam Denman as vice president of strategic business

development Europe.

I am very excited to be joining Intermap

Technologies at such a pivotal moment in the fast growing world of 3-D

mapping, said Denman. I

look forward to working with the Intermap team to help customers

throughout Europe derive significant benefit from our new technology

solutions and data products.

Drawing on 15 years of experience managing international sales,

marketing, and business development at both a European level and

worldwide, Denman will takeover work in identifying European industry

segments for Intermap and develop strategies to meet the Companys

evolving needs.

Adams extensive

experience in the European and global marketplaces makes him a valuable

addition to Intermaps executive team,

said Walter Sedlacek, chief technical officer for Intermap. His

background will help us expand our business within the traditional GIS

markets as well as advance the use of geospatial data for a number of

consumer markets, including automotive, insurance, Internet, and 3D

mapping.

Denman most recently served as the director of business development at

automotive navigation system and telematics supplier Magneti Marelli,

where he negotiated new strategic relationships with foreign partners.

He also served as the vice president of strategic marketing at NAVTEQ,

where he helped define the digital map database providers

automotive strategy. Denman has also held leadership positions at

Johnson Controls and Visteon Corporation.

Denman has a B.Sc. in mechanical engineering and business studies from

the University of Bristol. He currently resides in France.

About Intermap Technologies

Intermap (TSX: IMP.TO)(AIM: IMAP.L) is a preeminent digital mapping

company creating uniform high-resolution 3D digital models of the earths

surface. The Company is proactively remapping entire countries and

building uniform national databases, called NEXTMap®,

consisting of affordably priced elevation data and geometric images of

unprecedented accuracy. Demand for NEXTMap data is growing as new

commercial applications emerge within the GIS, engineering, automotive,

personal navigation device, insurance risk assessment, oil and gas,

hydrology, environmental planning, wireless communications,

transportation, aviation, and 3D visualization markets.

Headquartered in Denver, Colorado, Intermap employs approximately 800

people worldwide, with additional offices in Calgary, Detroit, Jakarta,

London, Munich, Ottawa, Prague, and Washington D.C. For more

information, visit www.Intermap.com.

Intermap Reader Advisory

Certain information provided in this news release constitutes

forward-looking statements. The words “anticipate”, “expect”, “project”,

“estimate”, “forecast” and similar expressions are intended to identify

such forward-looking 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. You can find a

discussion of such risks and uncertainties in our 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.

Intermap Technologies
Kevin Thomas, +1 303-708-0955
Vice

President, Marketing
[email protected]

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