GeoEye, Inc. (Nasdaq: GEOY), a premier provider of satellite and aerial-based geospatial information, announced today it is offering for sale a commemorative poster featuring a GeoEye-1 satellite image of the Inauguration of President Barack Obama. The Company had more than 100 times the normal traffic on its Web site after the satellite image was published by the media.
On Jan. 20, 2009, at 11:19 a.m. (EST), GeoEye-1, the world’s highest resolution commercial Earth-imaging satellite, took a color image over Washington D.C. The image shows the monuments along the National Mall and masses of people gathered between the U.S. Capitol and the Lincoln Memorial. The “Presidential Inauguration from Space” poster is 23 by 35 inches and sells for $29.99. It may be purchased by clicking on the link from the Company’s home page at (www.geoeye.com).
GeoEye-1 took the image while traveling at 17,000 mph or about four miles per second from 423 miles in space as it moved from north to south along the eastern seaboard of the United States. The satellite is able to discern objects on the ground as small as 0.41-meter or about 16 inches in size, which represents an object about the size of home plate on a baseball diamond. However, due to current U.S. licensing restrictions the imagery is re-sampled to half-meter ground resolution. The satellite is currently in its final stages of check-out and calibration. The 4,300-pound satellite was launched from Vandenberg Air Force Base, Calif. on Sept. 6, 2008.
About GeoEye
GeoEye is the premier provider of geospatial information for the national security community, strategic partners, resellers and commercial customers to help them better map, measure and monitor the world. The Company is recognized as the industry’s trusted imagery expert for delivering reliable service and the exceptional quality of its imagery products and solutions. It operates a constellation of Earth imaging satellites, mapping aircraft and has an international network of ground stations, a robust imagery archive, and advanced imagery processing capabilities for developing innovative geospatial products and solutions. On September 6, the Company launched its GeoEye-1 satellite which was designed and built by General Dynamics Advanced Information Systems. The camera or sensor was built by ITT Corporation. The Company also provides support to academic institutions and non-governmental organizations through the GeoEye Foundation. Headquartered in Dulles, Virginia, GeoEye is a public company listed on the Nasdaq stock exchange under the symbol GEOY. It maintains a comprehensive Quality Management System (QMS) and has achieved company-wide ISO accreditation. For more information, visit http://www.geoeye.com/.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Securities Exchange Act of 1934, as amended. Statements including words such as “anticipate,” “believe,” or “expect” and statements in the future tense are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. GeoEye’s actual financial and operational results could differ materially from those anticipated. Additional information regarding these risk factors and uncertainties is described more fully in the Company’s SEC filings. A copy of all SEC filings may be obtained from the SEC’s EDGAR web site, www.sec.gov, or by contacting: William L. Warren, Senior Vice President, General Counsel and Secretary, at 703-480-5672.
