Intermap Further Increases Offering Size to Meet Strong Demand and Files Second Amended Offering Document: The Company has deployed to Indonesia to execute on its $20 million contract.

The Latest Developments

Intermap Technologies, a leading provider of geospatial solutions, has announced the further increase of its Offering Size to meet the overwhelming demand from investors. The Company has also filed a Second Amended Offering Document in accordance with regulatory requirements. This move comes in the wake of the Company's recent success in securing promising government contracts and expanding its presence in new markets. Intermap Chairman expressed his confidence in the Company's growth trajectory and stated that the aggregate gross proceeds from the Offering would significantly enhance their ability to deliver innovative geospatial information solutions.

The decision to expand the Offering Size reflects the high level of investor interest in Intermap's unique offerings, particularly in the realm of information technology security and government contracts. The Company has been at the forefront of providing cutting-edge geospatial information solutions to a wide range of industries, and this increased Offering Size will enable them to further strengthen their market position and pursue new growth opportunities.

Meeting Investor Demand

The strong demand for Intermap's Common Shares underscores the confidence that investors have in the Company's strategic direction and potential for growth. By increasing the Offering Size, Intermap aims to ensure that all interested investors have the opportunity to participate in this exciting opportunity. The Company's innovative approach to geospatial information and its track record of successful project execution have positioned it as a standout player in the industry.

Intermap's focus on information technology security and its ability to secure lucrative government contracts have caught the attention of investors looking to capitalize on the growing demand for advanced geospatial solutions. The decision to file a Second Amended Offering Document reflects the Company's commitment to transparency and compliance as it navigates this critical phase of its growth journey.

Expanding Market Presence

In line with its strategic objectives, Intermap has deployed to Indonesia to execute on its $20 million contract, signaling its intent to expand its market presence in Southeast Asia. The Company's expertise in geospatial information solutions sets it apart in a competitive market landscape, allowing it to deliver value-added services to a diverse range of clients. By leveraging its technological capabilities and industry insights, Intermap is well-positioned to capitalize on the vast opportunities presented by the region's geospatial information market.

Intermap's focus on securing new contracts and forging strategic partnerships has been instrumental in driving its growth and market expansion efforts. The Company's ability to adapt to evolving customer needs and industry trends has cemented its reputation as a trusted provider of geospatial solutions. The recent deployment to Indonesia underscores Intermap's commitment to delivering high-quality services to clients across various sectors.

Strengthening Financial Position

The decision to increase the Offering Size is expected to bolster Intermap's financial position and provide the necessary resources to fuel its growth initiatives. The Company's focus on generating aggregate gross proceeds through the Offering will enable it to invest in research and development, expand its sales and marketing efforts, and pursue strategic acquisitions that align with its long-term goals. By fortifying its financial foundation, Intermap is poised to capitalize on emerging opportunities and drive value for its stakeholders.

Intermap's proactive approach to managing its finances and capitalizing on market trends has positioned it for sustained success in a rapidly evolving industry landscape. The Company's ability to navigate complex regulatory environments and secure valuable government contracts further strengthens its financial resilience and underscores its commitment to long-term growth. With the increased Offering Size, Intermap is well-equipped to take advantage of market opportunities and deliver innovative solutions to meet the evolving needs of its customers.

Commitment to Innovation

As a pioneer in geospatial information solutions, Intermap remains committed to driving innovation and setting new industry standards. The Company's focus on information technology security and its ability to leverage cutting-edge technologies differentiate it in a competitive market environment. By investing in research and development and cultivating a culture of innovation, Intermap continues to push the boundaries of geospatial technology and provide value-added solutions to its clients.

Intermap's dedication to staying ahead of industry trends and anticipating customer needs positions it as a preferred partner for organizations seeking advanced geospatial information services. The Company's track record of successful project delivery and its ability to adapt to changing market dynamics highlight its commitment to excellence and customer satisfaction. With the increased Offering Size, Intermap is poised to accelerate its innovation efforts and drive growth in key market segments.

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