Brian Bullock to Step Down

Larry G. Garberding, the Company's lead independent director said, "The board of directors would like to thank Brian for his service as CEO. He was the animating force forming Intermap Technologies and has been its guiding light ever since. In particular, the board is grateful for the enormous competence he demonstrated over the past six years at the difficult and complex task of managing the creation of the extraordinary NEXTMap database. Completed last month, on time and under budget, it will be a benefit to every citizen in the countries it covers."

Mr. Nellor has over forty years experience in sales, marketing, and management in the technology field. In the past, he served as the president and CEO of Peerless Systems, a provider of imaging and networking technologies to the digital document market. In addition, he was proprietor of a highly successful consulting company where he specialised in product development, production and manufacturing process automation, crisis management, and rebuilding and turn-around situations at various organizations in the US and Canada. Mr. Nellor holds a BS in Engineering from the University of Nebraska and an MBA from Pepperdine University. He also completed advanced studies in Organisational Development.

"Howard has experience with technology companies in transition," stated Mr. Bullock. "He will be particularly well-qualified to oversee Intermap's transition from a company primarily focused on data collection, to one driving products to its target markets. I look forward to working with him as the Company moves forward.

"I would like to personally thank the employees and officers of Intermap for their tireless service as well as the shareholders and advisors who have supported the Company in this great undertaking. I am confident that with the completion of the NEXTMap database we are at an inflection point in the Company's growth."