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Saab and DigitalGlobe Partner on New Version of Vricon Rapid 3D Mapping SystemSTOCKHOLM, SWEDEN and LONGMONT, CO, Oct 08, 2012 (MARKETWIRE via COMTEX) -- Saab (OMX: SAAB B), a leading defence and security company, and DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution earth imagery solutions, today announced they have partnered to deliver the next-generation of Saab's Vricon Rapid 3D Mapping system. Under the terms of the agreement, DigitalGlobe's stereoscopic satellite imagery and temporal analysis data will be integrated into the Vricon solution, enabling faster creation of highly-accurate, photo-realistic 3D maps of specific areas of interest. This week, representatives from Saab will be demonstrating the new Vricon system in DigitalGlobe's booth #1401 at GEOINT Symposium 2012 in Orlando, FL. Demonstrations will take place Tuesday, October 9 and Wednesday, October 10 starting at 2 p.m. EDT. "This partnership between Saab and DigitalGlobe represents a significant step forward in the geo intelligence community," said Fredrik Rosenqvist, President of Vricon Systems at Saab. "It provides our customers with on-time access to high resolution 3D data based on satellite imagery." The Vricon system automatically and rapidly generates high resolution 3D data based on imagery from satellites, UAVs and manned aircraft. Vricon is built for integration in additional systems and applications, such as intelligence reporting, mission planning and rehearsal, training and simulation as well as coordinate extraction and georeferencing of intelligence, surveillance and reconnaissance (ISR) sensors. "Using imagery from DigitalGlobe's satellites, the Vricon system can generate data with enough detail to identify and extract the 3D location of a window on a building," said Andrea Bersan, DigitalGlobe's International Vice President. "Our satellites allow Saab to extend the Vricon system to all regions of the world, enabling military personnel, first responders and other end-users to obtain 3D images anywhere on earth with or without a physical presence on the ground." More information on Vricon satellite data services can be found on the Saab webpage and YouTube channel. About DigitalGlobe DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than 2.5 billion square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, visit www.digitalglobe.com. About Saab Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs. Saab and Vricon are registered trademarks of Saab. DigitalGlobe is a registered trademark of DigitalGlobe. DigitalGlobe Safe Harbor Statement Our reports, filings, presentations and public announcements may contain or incorporate forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements relate to future events or our future financial performance. We generally identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words. Any forward-looking statements are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward looking statements, including: the loss, reduction or change in terms of any of our primary contracts; the loss or impairment of our satellites; delays in the construction and launch of WorldView-3; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward looking statements. Saab Media Contact Saab Press Center Email: [email protected] Telephone: +46 (0)734 180 018 www.saabgroup.com www.saabgroup.com/Twitter www.saabgroup.com/YouTube DigitalGlobe Media Contacts Katie Nafius Edelman for DigitalGlobe Phone: (512) 634-3659 Email: [email protected] Robert Keosheyan Director of Corporate Communication Phone: (303) 684-4742 Email: [email protected] DigitalGlobe Investor Relations Contact David Banks Vice President of Investor Relations Phone: (303) 684-4210 Email: [email protected] SOURCE: DigitalGlobe mailto:[email protected] http://www.saabgroup.com/ http://www.saabgroup.com/Twitter http://www.saabgroup.com/YouTube mailto:[email protected] mailto:[email protected] mailto:[email protected] |