Business & Finance
Tue, February 3, 2009Mon, February 2, 2009Sun, February 1, 2009Fri, January 30, 2009Thu, January 29, 2009Wed, January 28, 2009Tue, January 27, 2009Mon, January 26, 2009iLOOKABOUT Corp.: City of Coquitlam, British Columbia Looks Forward With iLOOKABOUT
Published in Business and Finance on Thursday, January 29th 2009 at 8:53 GMT, Last Modified on 2009-01-29 08:53:56 by Market Wire
LONDON, ONTARIO--(Marketwire - Jan. 29, 2009) - iLOOKABOUT Corp. (iLOOKABOUT) (TSX VENTURE:ILA) today announced a services agreement with the City of Coquitlam, British Columbia, for the supply of StreetScape images. Financial terms were not disclosed.
The City of Coquitlam recently completed a successful pilot of StreetScape imagery and now plans to implement iLOOKABOUT's services for various City departments including Planning and Public Works. The pilot also identified a need for a forward facing view to capture and assess City assets. iLOOKABOUT plans to include forward facing views in the City's agreement as part of the image capture on all streets within City boundaries.
The City of Coquitlam intends to use StreetScape imagery for construction and engineering pre-planning, site inspections, pre/post construction management and assessment and management of City assets.
"We believe expanding our relationship with iLOOKABOUT makes sense for the City and its taxpayers," said Henry Wong, Manager, Geomatics Engineering & Public Works. "StreetScape, when used with our existing data, provides a complete picture that will assist with pre-planning and key decision making," he continued. "This is a great tool that builds on our employees' strengths and talents."
"We welcome the City of Coquitlam to our roster of innovative Canadian cities," said Jeff Young, President and CEO of iLOOKABOUT, "These are cities that excel at cost containment while providing superior service levels to their citizens. With the addition of the forward facing camera as an available option in our municipal package, cities now have a truly complete view of their assets and a great tool by which to manage and market their city."
The agreement is effective immediately. iLOOKABOUT plans to complete the visual data capture of the City of Coquitlam by the end of February 2009.
About iLOOKABOUT
iLOOKABOUT is a visual data intelligence company serving commercial enterprise in the municipal, real estate and insurance sectors in North America and Europe with products and services including iLOOKABOUT StreetScape and Virtual Tours. A pioneer in visual data with its Virtual Tour product, the company has also developed iLOOKABOUT StreetScape, a visual data intelligence product for the geo-spatial market. iLOOKABOUT StreetScape is panoramic, comprehensive, street level perspective visual data, geo-coded with latitude and longitude coordinates for accuracy and supported by patented software processes and proprietary security and storage systems. Headquartered in London, Ontario, Canada, iLOOKABOUT has offices in Toronto, Canada and London, UK. iLOOKABOUT's shares are traded on the TSX Venture Exchange under the symbol ILA.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
