2022-09-14 | TSX:IMP | Press release

Long-term customer grows annually NEXTWave™ 33% subscription

Intermap’s Accurate and Reliable Analytics Support Next-Generation Network Planning

DENVER, September 14, 2022 /PRNewswire/ – Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial data and intelligence solutions, today announced a leading telephony provider mobile, Internet and IPTV services, renewed its subscription to NEXTWave™ telecom analytics with an annual price increase of 33%.

Intermap’s telecom customer has increased its RF link profile usage by 191% since its first subscription in 2019. With this two-year subscription renewal, the customer will use the NEXTWave platform to integrate link profile analysis On-demand RF into its workflow. This renewal reflects the increased demand for NEXTWave telecommunications analysis and its value in the network planning process.

“Intermap’s NEXTWave telecommunications analytics support next-generation network planning, leveraging proprietary real-time data and analytics from anywhere in the world,” said Patrick A. Bott, Chairman and Chief Executive Officer of Intermap. “The global communications network continues to grow with the deployment of 5G networks, driving the demand for accurate planning tools. Intermap is uniquely positioned to meet this demand with powerful, flexible, reliable and reliable elevation scans. information that is provided as a service on a global basis.”

There is a growing demand for 5G networks around the world. Telcos need accurate data and line-of-sight analytics to implement infrastructure that supports these networks. Radio Frequency (RF) Link Profiles offer this analysis based on signal propagation algorithms, which allow service providers to assess tower placement and signal reach to customers. RF Link Profiles assist the customer in managing, expanding and deploying telecommunications services nationwide.

The client has been using Intermap’s NEXTWave telecom analytics since 2019 and a user of the company’s previous generation telecom application. Intermap has developed new custom features to meet customer requirements. This includes extensive import/export functions, mass point analysis, informative graphics, a built-in coordinate converter, and the ability to change profile settings on the fly. Intermap’s NEXTWave telecommunications analytics continues to evolve to meet the needs of service providers.

Learn more about Intermap’s telecom solution at intermap.com/telecom.

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Certain information provided in this press release constitutes forward-looking statements. The words “anticipate”, “expect”, “project”, “estimate”, “expect”, “will”, “consider”, “intend” and similar expressions are intended to identify such forward-looking statements. . Although Intermap believes that these statements are based on current, reasonable and complete information and assumptions, 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 relating to, among other things, cash available to fund operations, availability of capital, fluctuations in earnings, the nature of government contracts, economic conditions, loss of key customers, retention and availability of management talent. , competing technologies, common stock price volatility, loss of proprietary information, software functionality, Internet and system infrastructure functionality, information technology security, breakdown of alliances strategic and international and political considerations, as well as the risks and uncertainties discussed in Intermap’s annual information form and other securities filings. Although 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 differ materially from those expected. Accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will or will occur, or if any of them occur, what benefits the Company will derive therefrom. All subsequent forward-looking statements, 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 press release are made as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any of the forward-looking statements made in this press release, whether or as a result of new information, future events or otherwise, except as required by applicable securities laws.

About Intermap Technologies

Founded in 1997 and based 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 the scientific analysis of geospatial information and patented sensors and processing technology, the company provides diverse, complementary and multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. of work. Intermap’s 3D elevation data and software analysis capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. Leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the company’s collection and processing capabilities deliver multi-source 3D datasets and analyzes at the speed of mission, enabling governments and businesses to create and integrate geospatial master data with actionable insights. . Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and forest fire insurance, disaster mitigation, base mapping, planning environment and renewable energy, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas, and transportation. .

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SOURCEIntermap Technologies Corporation