VANCOUVER, April 25, 2017 /PRNewswire/ - UrtheCast Corp.
(TSX:UR) ("UrtheCast" or the "Company") today announces that it
will host a conference call regarding its 2017 first quarter
financial results at 5:00 p.m. ET
(2:00 p.m. PT) on Thursday, May 4, 2017.
The live conference call will be available by calling toll-free
at 1-800-806-5484, or by toll call at 416-340-2217. The participant
pass code is 1998003#.
UrtheCast expects to report its financial results for Q1 2017
earlier that day at 4:00 p.m. ET
(1:00 p.m. PT). An archived version
of the conference call will be made available on the Company's
investor website (investors.urthecast.com) following the live
conference call.
ABOUT URTHECAST CORP.
UrtheCast Corp. is a Vancouver-based technology company that serves
the rapidly evolving geospatial and geoanalytics markets with a
wide range of information-rich products and services. The Company
operates Earth Observation (EO) sensors in space, including two
satellites, Deimos-1 and Deimos-2, to produce imagery data that is
displayed on UrtheCast's cloud-based web platform and sold to
partners and customers. Through its subsidiary Deimos Imaging,
UrtheCast processes and distributes imagery data and value-added
products on behalf of the PanGeo Alliance, a network of eight
satellite operators with a combined 15 medium- and high-resolution
EO sensors. UrtheCast is also developing and expects to launch two
EO satellite constellations: the world's first fully-integrated
constellation of sixteen multispectral optical and SAR satellites,
called OptiSAR™, and an eight-satellite constellation designed to
capture high-quality, medium-resolution optical imagery of the
Earth's entire landmass (excluding Antarctica) every day, called UrtheDaily™.
Together, the Company believes these constellations will
revolutionize monitoring of our planet with medium- and
high-resolution, high-coverage and high-revisit imagery in all
weather conditions. Common shares of UrtheCast trade on the Toronto
Stock Exchange as ticker 'UR'.
For more information, visit UrtheCast's website
at www.urthecast.com.
Forward Looking Information
This release contains certain information which, as
presented, constitutes "forward-looking information" or
"forward-oriented financial information" within the meaning of
applicable Canadian securities laws. Forward-looking information
involves statements that relate to future events and often
addresses expected future business performance, containing words
such as "believe", "plan", and "expect", statements that an action
or event "could" or "will" be taken or occur, or other similar
expressions and includes, but is not limited to, statements
relating to UrtheCast's expectations with respect its current
sensors and proposed OptiSAR™ and
UrtheDailyTM constellations and its
plans for and timing of expansion of its product offering and
value-added services. Such statements reflect UrtheCast's current
views with respect to future events. Such statements are
necessarily based upon a number of estimates and assumptions that,
while considered reasonable by UrtheCast, are inherently subject to
significant uncertainties and contingencies. Many factors could
cause UrtheCast's actual results, performance or achievements to be
materially different from any future results, performance, or
achievements that may be expressed or implied by such
forward-looking statements, including, among others: any delays or
failures in the design, development, construction, launch and
operational commissioning of the proposed OptiSAR™ or
UrtheDailyTM constellations; the
Company being unable to adequately finance the development,
building, launch and commissioning of the UrtheDaily Constellation
or to convert the remaining MOUs and other customer discussions in
respect of the OptiSAR™ constellation into binding, definitive
agreements the decline of key relationships in, or termination of,
the PanGeo Alliance of EO satellite operators; as well as those
factors and assumptions discussed in UrtheCast's annual information
form dated March 27, 2017, (the
"AIF"), which is available under UrtheCast's SEDAR profile
at www.sedar.com. Forward-looking information is developed
based on assumptions about such risks, uncertainties and other
factors set out herein, in the AIF, and as disclosed from time to
time on UrtheCast's SEDAR profile. UrtheCast undertakes no
obligation to update forward-looking statements except as required
by Canadian securities laws. Readers are cautioned against
attributing undue certainty to forward-looking statements.
SOURCE UrtheCast Corp.