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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: ayeyou who wrote (1377)	12/7/2015 9:03:50 AM
From: kidl	Read Replies (1) of 1728

Intermap Receives $2.4M Follow-on Orders for Archived Data and Professional Services Work prnews DENVER, Dec. 7, 2015 /PRNewswire/ - Intermap (TSX: IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced that the Company has received three new orders totaling approximately $2.4 million for archived NEXTMap(R) data and professional services work. Intermap's NEXTMap foundation data provides the framework necessary for governments and businesses to make informed decisions and find intelligent solutions to their planning challenges. The Company's professional services are designed to maximize an organization's existing data investment. These services include the merging of disparate data into one homogeneous data specification (data fusion), and the engineering of alternative sensor data into value added products. "Intermap's Orion Platform(R) based IFSAR radar mapping technology combined with our professional services capabilities create the best and most reliable data sets for our customers," said Todd Oseth, president and CEO of Intermap. "Follow-on orders from repeat customers is a strong endorsement of the long-term value of Intermap's unique solutions approach. We expect to recognize the majority of this additional revenue during the current quarter."

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