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Updated: July 8th, 2008 05:26 PM CDT

Space Imaging Awarded Additional $24 Million

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via PRNewswire

DENVER , Jan. 6 /PRNewswire/ -- The National Geospatial-Intelligence Agency(NGA) today awarded a $24-million satellite imagery contract extension to Space Imaging. This ClearView contract option enables the NGA to acquire additional commercial imagery from Space Imaging's IKONOS satellite for another year.

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"Space Imaging has time and again proven the value of its map-accurate, high-resolution commercial imagery to our national and homeland security markets. The NGA now has continued assurance into 2007 for a reliable supply of high quality IKONOS geospatial products and services for a broad spectrum of value-added applications," said Robert Dalal , Space Imaging's CEO.

In January 2003 Space Imaging was awarded the largest ClearView contract of the three major U.S. commercial high-resolution satellite companies. The first three years of the contract period had a minimum value to Space Imaging of $120 million.

About Space Imaging

Space Imaging is the premier provider of satellite imagery enabling businesses, governments and individuals to better map, measure, monitor and manage the world in which we live. Based near Denver , Colo., Space Imaging radically transformed the Earth information market when in 1999 it launched IKONOS, the world's first commercial high-resolution imaging satellite. Today, Space Imaging's products are the cornerstone of the remote-sensing industry. The company supplies the highest quality, most accurate, visual information about the planet's changing natural and cultural features. SpaceImaging's customer-centric business lines include imagery from satellites, geospatial solutions for the defense and intelligence community, and direct access to its satellites for corporations and governments. It is a privately held company with partners, resellers and 14 affiliate ground stations aroundthe world. For more information on products and services, please visitwww.spaceimaging.com.

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