Provides Secure Online Access to Earth Imagery for Department of Defense UsersHERNDON, Va., Oct. 9, 2012 — (PRNewswire) — �GeoEye, Inc. (NASDAQ: GEOY), a leading source of geospatial information and insight, announced the delivery of new capabilities to the National Geospatial-Intelligence Agency (NGA). GeoEye's EnhancedView Web Hosting Service (WHS) is now connected to additional government networks. This new capability will provide warfighters and intelligence analysts around the world easy access to unclassified, high-resolution Earth imagery through classified and unclassified U.S. government networks.
The EnhancedView WHS provides users with online access to GeoEye and third-party Earth imagery processed into highly precise foundation geospatial intelligence (GEOINT) and base maps. The EnhancedView WHS has been operating on the Internet since May 2011. This important upgrade will allow users to access this valuable service through their preferred customer networks or access points. As new imagery is collected, it will be immediately updated and disseminated to users through intuitive Web map interfaces. Users can also access identical imagery through Open Geospatial Consortium (OGC) compliant applications such as Esri's ArcGIS, Google Earth and certain government portals. Users now automatically receive electronic notification when new imagery is available over specific or broad areas of interest.
The additional delivery was on schedule and included NGA certification and accreditation. The new delivery activates a $750,000 additional monthly payment to GeoEye under the current terms of the EnhancedView Service Level Agreement (SLA).
"By enabling additional access to the EnhancedView WHS, GeoEye can help warfighters, analysts, and map producers gain more timely access to relevant GEOINT. This is a major step forward in supporting NGA's strategic vision and mission objectives," said Chris Incardona, GeoEye's senior director, Government Programs, NGA.
The EnhancedView WHS is powered by GeoEye's online access platform, EyeQ™. EyeQ enables thousands of concurrent users to easily access and download hundreds of terabytes of high-resolution imagery.
GeoEye is a leading source of geospatial information and insight for decision makers and analysts, who need a clear understanding of our changing world to protect lives, manage risk and optimize resources. Each day, organizations in defense and intelligence, public safety, critical infrastructure, energy and online media rely on GeoEye's imagery, tools and expertise to support important missions around the globe. Widely recognized as a pioneer in high-resolution satellite imagery, GeoEye has evolved into a complete provider of geospatial intelligence solutions. GeoEye's ability to collect, process and analyze massive amounts of geospatial data allows our customers to quickly see precise changes on the ground and anticipate where events may occur in the future. GeoEye is a public company listed on NASDAQ as GEOY and is headquartered in Herndon, Virginia with more than 740 employees worldwide. Learn more at www.geoeye.com.
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This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Without limitation, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "will" and similar expressions are intended to identify forward-looking statements. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future, including statements relating to growth, expected levels of expenditures and statements expressing general optimism about future operating results, are forward-looking statements. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements and those presented elsewhere by our management from time to time are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, but are not limited to, those described in "Risk Factors" included in our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2011, which we filed with the Securities and Exchange Commission ("SEC") on March 13, 2012. Copies of all SEC filings may be obtained from the SEC's EDGAR Web site, http://www.sec.gov/ or by contacting: William L. Warren, Executive Vice President, General Counsel and Secretary, at 703-480-5672.
SOURCE GeoEye, Inc.
National Geospatial-Intelligence Agency
Investor Relations: Randy Scherago, GeoEye
Media Contact: Caitlin Carroll, Gibraltar Associates