LONGMONT, Colo. — July 14, 2011 — DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution earth imagery solutions, announced that on June 16 it successfully completed the Critical Design Review (CDR) of infrastructure enhancements at its Colorado headquarters under the terms of the EnhancedView contract. The successful CDR marks the third consecutive EnhancedView contract milestone DigitalGlobe has achieved on schedule.
“Fulfilling our commitments to the National Geospatial-Intelligence Agency is our top priority and at this point we have achieved every milestone on or before the date promised,” said Walter Scott, chief technology officer, DigitalGlobe. “We expect our enhanced infrastructure to be operational in 2012, allowing us to be more responsive to NGA needs and satisfy increasingly stringent EnhancedView requirements. Ultimately, these investments will enable us to provide the best service possible.”
The EnhancedView contract vehicle was awarded to DigitalGlobe in August 2010. A copy of the NGA’s original EnhancedView award announcement can be found at www.nga.mil/Newsroom/PressReleases/Press%20Releases/nga_10_10.pdf.
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 one 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.
DigitalGlobe is a registered trademark of 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.