ORBIMAGE Inc.
announced today that it has received notice from the
Government Accountability Office (“GAO”) that they have dismissed the protest
of the NextView Second Vendor contract awarded to ORBIMAGE from the National
Geospatial-Intelligence Agency (“NGA”). The protest had been filed by New SI
LLC, the competing bidder under the program. ORBIMAGE believes New SI is an
affiliate of Space Imaging.

The protest did not affect ORBIMAGE’s work on the NextView program since
NGA had earlier directed ORBIMAGE to continue working under the awarded
contract during the protest proceeding.

“We were always confident that ORBIMAGE would retain the award, but the
formal dismissal is still good news and eliminates any unwanted distractions
so we can continue to focus on giving NGA great value under our NextView
contract,” said Matthew O’Connell, ORBIMAGE’s CEO.

About ORBIMAGE:

ORBIMAGE is a leading global provider of Earth imagery products and
services, with digital remote sensing satellites and an integrated worldwide
image receiving, processing and distribution network. In addition to the high-
resolution OrbView-3 satellite, ORBIMAGE operates the OrbView-2 ocean and land
multispectral imaging satellite and the SeaStar Fisheries Information Service,
which provides maps derived from essential oceanographic information to aid in
commercial fishing. ORBIMAGE also produces value-added imagery products and
advanced photogrammetric engineering services at its St. Louis facility. The
company distributes its products directly to the U.S. government for national
security and related mapping applications. Commercial sales are handled
through a worldwide network of value-added resellers, regional distributors,
sales agents, and select strategic partners. The company is currently
building a next-generation satellite, OrbView-5, which it plans to have in
operation early in 2007.

For more information about ORBIMAGE, please see our web site at
http://www.orbimage.com