HERNDON, Va., Nov. 27, 2012 /PRNewswire/ -- GeoEye, Inc.
(NASDAQ: GEOY), a leading source of geospatial information and
insight, has partnered with the Japan Space Imaging Corporation
(JSI), a Mitsubishi Corporation subsidiary, to provide a major
Japanese ministry with access to comprehensive high-resolution
satellite imagery of all of Japan
through GeoEye's EyeQ™ platform.
(Logo:
http://photos.prnewswire.com/prnh/20080625/LAW528LOGO)
Under the agreement, which extends a deal first established
earlier this year, JSI will use EyeQ to provide Japanese ministry
analysts with on-line, on-demand access to the GeoEye- and
JSI-owned satellite imagery covering Japan. JSI will manage the flow of online
product to the ministry to ensure that ministry analysts receive
imagery on-demand and they are able to view the data through Open
Geospatial Consortium (OGC) services as part of their work flow
process. EyeQ will allow a wide array of non-specialist analysts to
quickly and easily access GeoEye's accurate, high-resolution
content in near real-time, within hours of its collection.
"This agreement with JSI to serve a Japanese ministry marks an
important milestone for GeoEye. The Japanese government is the
first major international government to benefit from EyeQ managed
services. This will allow the ministry's analysts to access
geospatial data previously accessible only to highly advanced
users," said Chris Tully, GeoEye's
senior vice president of Sales.
JSI is a leading provider of satellite imagery and
geospatial solutions for government and commercial customers.
GeoEye has had a working relationship with JSI since 1998 for JSI
to collect and sell Earth imagery and related products, initially
from IKONOS and eventually including GeoEye-1. JSI has used EyeQ
since 2010 and is currently the service's largest commercial
customer.
About GeoEye
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 700 employees
worldwide. Learn more at www.geoeye.com.
About JSI
JSI is a Mitsubishi Corporation subsidiary,
which is a provider of satellite imagery and geospatial
solutions for government and commercial customers. Learn more at
http://www.spaceimaging.co.jp/english/tabid/59/Default.aspx.
About Mitsubishi Corporation
Mitsubishi Corporation
(MC) is Japan's largest general
trading company (sogo shosha) with over 200 bases of operations in
approximately 80 countries worldwide. Together with its over 500
group companies, MC employs a multinational workforce of
approximately 54,000 people. MC has long been engaged in business
with customers around the world in virtually every industry,
including energy, metals, machinery, chemicals, food and general
merchandise. In space and defense industries, MC, through its Ship,
Aerospace & Transportation Systems Division, provides
government users and system integrators with high quality services
in marketing, logistics and financing in various stages of
national-scale projects. For more information, visit
http://www.mitsubishicorp.com/en/.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
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 year ended December 31,
2011, which we filed with the Securities and Exchange
Commission ("SEC") on March 13, 2012,
as updated in our Quarterly Reports on Form 10-Q for the periods
ended March 31, 2012, June 30, 2012, and October
31, 2012, which we filed with the SEC on May 4, 2012, August 7,
2012, and November 6, 2012,
respectively. 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.
