Intermap Provides Main Technology Officer

Supports expansion of world money products and services products and solutions and alternatives

Developing subscriptions to normal hazard info and analytics

Offering on the web methods with 3 key market companions

DENVER, March 18, 2021 /PRNewswire/ – Intermap Systems (“Intermap” or the “Business”), a international leader in geospatial intelligence answers, now declared the employing of a new Main Know-how Officer and enlargement of its world-wide monetary expert services organization.

Intermap is happy to welcome Ralph Hope as Chief Engineering Officer. For a lot more than two several years, Mr. Hope has been collaborating with the Firm’s complex teams and senior administration as an analytics investigation expert. Earlier, Mr. Hope served as Chief Operating Officer and Chief Know-how Officer for the Global Capital Markets division of BlackRock, a person of the world’s greatest and most highly regarded asset managers with in excess of $8 trillion in property beneath administration. In this job, Mr. Hope developed automatic allocation algorithms and world wide trading policy. Prior to Worldwide Funds Marketplaces, Mr. Hope labored for BlackRock as a senior developer in a cross-department, cross-location, fast application development crew furnishing entrance, center and again business office instruments to aid BlackRock’s expansion. He also worked with senior management to generate and carry out global IT coverage. Before his ten many years at BlackRock, Mr. Hope worked in the program sector, developing methods for coverage and economic field shoppers. Mr. Hope delivers a prosperity of knowledge in IT improvement and leadership from his career in know-how made for the finance and insurance markets.

“We are delighted to welcome Ralph to the staff,” explained Patrick A. Blott, Intermap Chairman and CEO. “With this vital addition, Intermap normally takes yet another stage ahead to enrich our engineering and IP, which include equipment finding out and automation. Ralph will also help develop our money expert services enterprise, which leverages our experience in other field verticals. Our merchandise and options are supplied in real time and available as a services. Ralph will be a worthwhile section of our change in revenue combine toward recurring software subscriptions.”

In the quick-evolving geospatial market place, there is a high demand for actual-time different details and predictive analytics. Option data is compiled from several sources and are typically a lot less accessible and structured than conventional datasets. Intermap collects large-frequency 3D details and delivers information-as-a-service for a range of remedies. The Company takes advantage of the data and provides styles that are integrated into analytics, which involve insurance plan underwriting, telecommunications network setting up, railway corridor risk administration and pattern of lifetime modeling. Intermap’s professional solutions are based mostly on proprietary NEXTMap® elevation datasets and are offered all over the world.

Intermap is growing answers close to the entire world by supplying products and providers to the financial expert services marketplace. The Enterprise a short while ago additional various European banking clients, including ERSTE Team, three KBC Team banking companies, Raiffeisen, Moneta Revenue Bank, and Banka Creditas. Intermap is also delivering unmatched outcomes and seamless integration with house valuation application makers this kind of as MyNEMO Report and Pluto–Olt. The Corporation is serving this new market place in collaboration with Společnost professional Cenové mapy ČR and their special job companion Deloitte Advisory.

In the Czech Republic, Intermap’s flood hazard knowledge-as-a-services and computer software are utilized by the major insurance plan carriers, accelerating the Company’s expansion across Europe. European economic companies companies are now benefitting from Intermap’s extensive history of giving critical organic hazard possibility information all over the continent. Study a lot more about Intermap’s European offerings at

“Our financial expert services company is increasing radically,” Mr. Blott continued. “The combination of our predictive analytics and dynamic 3D data provides effective final results to our clientele, like professional enterprises and allied governments. Intermap will proceed to spend in the required abilities and infrastructure to travel continual advancement of people final results.”

Intermap Reader Advisory
Specified information and facts furnished in this information launch constitutes forward-searching statements. The phrases “foresee”, “expect”, “undertaking”, “estimate”, “forecast”, “will be”, “will consider”, “intends” and related expressions are meant to determine these kinds of forward-looking statements. Whilst Intermap thinks that these statements are based mostly on information and assumptions which are present-day, affordable and total, these statements are always matter to a selection of identified and unfamiliar risks and uncertainties. Intermap’s ahead-searching statements are topic to threats and uncertainties pertaining to, amid other things, income readily available to fund functions, availability of funds, revenue fluctuations, nature of governing administration contracts, financial situations, reduction of critical consumers, retention and availability of govt talent, competing technologies, widespread share cost volatility, decline of proprietary info, software package performance, internet and system infrastructure performance, data technological know-how stability, breakdown of strategic alliances, and intercontinental and political issues, as perfectly as all those hazards and uncertainties talked about Intermap’s Annual Data Type and other securities filings. Whilst the Corporation would make these ahead-wanting statements in great faith, should just one or extra of these hazards or uncertainties materialize, or really should underlying assumptions prove incorrect, actual success may fluctuate considerably from these anticipated. Accordingly, no assurances can be presented that any of the functions expected by the ahead-looking statements will transpire or come about, or if any of them do so, what added benefits that the Corporation will derive therefrom. All subsequent ahead-searching statements, irrespective of whether published or oral, attributable to Intermap or individuals acting on its behalf are expressly certified in their entirety by these cautionary statements. The ahead-seeking statements contained in this information launch are manufactured as at the day of this information release and the Firm does not undertake any obligation to update publicly or to revise any of the forward-wanting statements designed herein, whether or not as a result of new details, upcoming situations or usually, other than as could be demanded by applicable securities law.

About Intermap Systems
Started in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMPOTCQX: ITMSF) is a worldwide chief in geospatial intelligence alternatives. The Firm’s proprietary NEXTMap® database and worth-included geospatial data management, processing, analytics, fusion and orthorectification application and options are used across a array of industries that rely on precise, high-resolution elevation information, which include aviation, engineering, environmental setting up, authorities marketplaces, hydrology, insurance policies, land management, law enforcement and patrol, oil and fuel, renewable power, telecommunications, transportation and utilities. Intermap’s business applications consist of place-dependent intelligence, hazard evaluation, geographic information programs, world wide positioning programs and 3D visualization. For far more data, remember to check out

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