Intermap Further Increases Offering Size to Meet Strong Demand and Files Second Amended Offering Document

“Our $20 million contract with the Indonesian government is the first phase of creating a digital basemap to help the country secure its social, environmental and economic future,” said Patrick A. Blott, Intermap Chairman and CEO. “We have deployed to Indonesia to begin work on this first phase and expect to be awarded additional contracts to map the remaining 90% of Indonesia’s land over the next few years. Part of the use of proceeds from this offering will help us execute against phase one as well as other projects in our sales and deployment pipelines. On behalf of the Company, I’d like to thank new and existing shareholders for their support.” Read More