Business & Finance
Business and Finance
Business and Finance
Wed, July 22, 2009
Tue, July 21, 2009 iLOOKABOUT Corp.: iLOOKABOUT and MacDonald, Dettwiler and Associates Ltd. Capture St. John's, Newfoundland
LONDON, ONTARIO--(Marketwire - July 21, 2009) - iLOOKABOUT Corp. (TSX VENTURE:ILA) ("iLOOKABOUT" or the "Company") announced today a Services Agreement with MacDonald, Dettwiler and Associates Ltd. ("MDA") (TSX:MDA) to provide StreetScape imagery to the City of St. John's, Newfoundland and Labrador. Financial terms were not disclosed.
iLOOKABOUT will provide full coverage of all public streets of the City of St. John's, with its StreetScape visual data intelligence product, to MDA for integration with their Pictometry(C) oblique and ortho imagery products. This combined application of visual data will be further integrated into the City of St. John's CAMA application for a highly accurate and comprehensive property assessment tool.
"MDA is very pleased with our association with iLOOKABOUT," said Paul Currie, Programme Manager, Pictometry for MDA. "iLOOKABOUT StreetScape's uniquely scalable solution meant we could provide the City of St. John's the street level imagery they needed in a fast and efficient manner."
"The City of St John's is committed to providing progressive, efficient services to our citizens," stated Greg Keating of the City of St. John's. "We think this collaborative effort between MDA and iLOOKABOUT will best serve our property assessment needs."
"We are delighted to be working with MDA in providing this unique product to the City of St John's," said Jeff Young, President and CEO of iLOOKABOUT. "It is an honour to be recognized for providing accurate and visually comprehensive data to these organizations."
The image collection is complete and the final product is expected to be delivered to the City of St John's by August 1, 2009.
About iLOOKABOUT
iLOOKABOUT is a visual data intelligence company serving commercial enterprise in the real estate, insurance, municipal, utility, assessment and appraisal sectors in North America and Europe. iLOOKABOUT is a pioneer in visual data intelligence with its StreetScape and Virtual Tour products. StreetScape is a visual data intelligence product for the geo-spatial market, providing 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 (TSX VENTURE:ILA).
About MDA
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide. Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of information solutions, ranging from complex operational systems, to tailored information services, to electronic information products. MDA employs more than 3,200 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol (TSX:MDA).
About St. John's
St. John's is the provincial capital of Newfoundland and Labrador, Canada and is located on the eastern tip of the Avalon Peninsula on the island of Newfoundland. With a population in excess of 100,000, St. John's is the 20th largest metropolitan area in Canada.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
