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DGI Digitalglobe, (delisted)

34.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Digitalglobe, (delisted) NYSE:DGI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.40 0 01:00:00

DigitalGlobe Provides Superior Precision Aerial Imagery for the Commonwealth of Massachusetts

02/04/2012 1:30pm

Marketwired


Digitalglobe, (delisted) (NYSE:DGI)
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DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution earth imagery solutions, today announced their agreement with the Commonwealth of Massachusetts to provide statewide Precision Aerial imagery that exceeds the requirements of the Massachusetts state Geographic Information System (MassGIS) Department.

In order to improve response time and preparedness for natural disasters and to enhance information about state geography, the Massachusetts Department of Transportation and the Massachusetts Emergency Management Agency will use DigitalGlobe's Precision Aerial imagery to create superior baseline maps at a lower cost and higher resolution.

"DigitalGlobe's aerial imagery can be shared across any state agency under this agreement, enhancing its value to the Commonwealth of Massachusetts," said Rafay Khan, senior vice president at DigitalGlobe. "Using this model, these images can offer the flexibility to benefit any state government for land management, disaster relief, and zoning and elevation data."

DigitalGlobe's Precision Aerial product offers complete leaf-off coverage, meaning that before the spring leaves arrive, the imagery displays a clear view of buildings, new developments and transportation routes. This off-the-shelf product delivers the most recent imagery with a faster turnaround rate and delivery. These features make procurement easier within the state, speeding the procurement process and lowering the overall cost.

About DigitalGlobe Precision Aerial Imagery The Precision Aerial product has a 30 cm resolution and 60 cm color infrared aerial mosaics with seamless coverage in the U.S. and Western Europe. Complete coverage of the U.S. will be mapped by June 2012, with additional refreshed coverage over the next few years. It integrates directly into any GIS workflow to provide application-ready imagery with high-resolution and best-in-class accuracy levels. With current, relevant, and broad coverage, Precision Aerial imagery becomes the one-stop-shop for any government agency or enterprise looking to tackle tough issues, from land use and zoning, to transportation and the environment.

About DigitalGlobe DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than two billion square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, visit www.digitalglobe.com.

DigitalGlobe is a registered trademark of DigitalGlobe.

Safe Harbor Statement Our reports, filings, presentations and public announcements may contain or incorporate forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements relate to future events or our future financial performance. We generally identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words.

Any forward-looking statements are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward looking statements, including: the loss, reduction or change in terms of any of our primary contracts; the loss or impairment of our satellites; delays in the construction and launch of WorldView-3; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

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