GeoEye Signs Singapore Ground Station

08 January 2009, 10:53am

DULLES, Va., Jan. 8 - GeoEye, Inc. , a premier
provider of satellite and aerial imagery and geospatial information, announced today that it has signed a multi-year agreement with the National University of Singapore to allow the Centre for Remote Imaging, Sensing and Processing (CRISP) to collect and sell Earth imagery and related products from its GeoEye-1 satellite. Later this year, CRISP will move into their new state-of-the-art research center which will continue to support CRISP's existing IKONOS satellite imaging operations. The new facility will be upgraded to accommodate direct access to the GeoEye-1 data.

"GeoEye is excited to expand our relationship with CRISP to include our next-generation GeoEye-1 commercial Earth imaging satellite," said Matthew O'Connell, GeoEye's chief executive officer and president. "We have supplied IKONOS imagery to CRISP for seven years and have been impressed on how advanced they are in the use of imagery and geospatial technology."

Paolo Colombi, GeoEye's vice president of international sales, added, "We are very pleased that CRISP will now be able to task, download, process, store and distribute imagery from GeoEye-1. This contract will enable geospatial information users in Southeast Asia to gain access to the best commercial satellite imagery available in the market."

"We are very proud that CRISP will soon be tasking and receiving data from the GeoEye-1 satellite from our own ground station. We will be able to receive the best commercially available imagery in the world in a very timely fashion," said Professor Bernard Tan, chairman of CRISP management board.

"CRISP has been closely involved in environmental disaster monitoring and humanitarian assistance, such as the Tsunami and earthquake disasters. With the direct reception of GeoEye-1 high-resolution satellite images, CRISP will be able to contribute even more accurate information to such efforts in a timely manner."

The GeoEye-1 satellite was launched from Vandenberg Air Force Base, Calif. on Sept. 6, 2008 and is currently undergoing satellite check-out and calibration. The Company expects to begin providing customers with imagery in the near future. Markets that will benefit from GeoEye-1's unprecedented image quality include defense, national and homeland security, infrastructure, air and marine transportation, energy, insurance and risk management, natural resources and environmental monitoring.

About CRISP (Centre for Remote Imaging, Sensing and Processing)

CRISP was established in 1992 as a Research Centre located at the National University of Singapore with funding from the Agency for Science Technology and Research (A*STAR). The Centre has focused on scientific research in the basic principles and applications of remote sensing technology. CRISP has been receiving, processing and archiving imagery from various commercial remote-sensing satellites since 1995. The Centre is a major international satellite ground station and research facility with a reputation for quality
scientific research, technical competence and superior products and consultancy services. CRISP has achieved international recognition for its research on natural disaster monitoring such as forest fires, earthquakes and the Indian Ocean Tsunami.

GeoEye

CRISP

Geo: International