TIDMIMAP 
 
 




  Intermap Technologies Announces Exercise of Over-Allotment Option 


 




  Intermap Technologies Corporation (the "Company") today announced that it has sold an additional 750,000 units (the "Units") at a price of C$2.00 per Unit for gross proceeds to the Company of C$1,500,000 pursuant to an over-allotment option (the "Over-Allotment Option") granted to Canaccord Capital Corporation (the "Underwriter"), pursuant to an underwriting agreement dated April 13, 2009. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable at a price of C$3.00 for a period of one year from the closing date into an additional common share. 


 




  The Over-Allotment Option was granted to the Underwriter in connection with the previously announced short form prospectus offering of 5,000,000 Units that closed on April 27, 2009. Application has been made for all common shares issued pursuant to the Over-Allotment Option to be admitted to trading on AIM. It is expected that dealings on AIM will begin at 8.00 am on June 2, 2009. Subsequent to the closing of the Over-Allotment Option, Intermap has 52,358,699 common shares in issue, none of which are held in treasury. 


 




  About Intermap Technologies 


 




  Intermap (TSX: IMP.TO, AIM: IMAP.L) is a preeminent digital mapping company creating uniform high-resolution 3D digital models of the earth's surface. The Company has proactively remapped entire countries and is building uniform national datasets, called NEXTMap®, consisting of affordably priced elevation data and geometric images of unprecedented accuracy. Demand for NEXTMap data is growing as new commercial applications emerge within the GIS, engineering, automotive, consumer electronics, insurance risk assessment, oil and gas, renewable energy, hydrology, environmental planning, wireless communications, transportation, aviation, and 3D visualization markets. 


 




  Headquartered in Denver, Colorado, Intermap employs more than 850 people worldwide, with additional offices in Calgary, Detroit, Jakarta, London, Munich, Ottawa, Paris, Prague, and Washington D.C. For more information, visit www.Intermap.com or www.AccuTerra.com. 


 




  NEXTMap® is a registered trademark of Intermap Technologies Corporation. 


 




  Intermap Reader Advisory 


 




  This news release contains certain forward-looking statements, which include certain assumptions with respect to the future business and operations of the Company. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive there from. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. 


 




  The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release 


 




  Intermap TechnologiesRichard Mohr, 303-708-0955Senior Vice President & Chief Financial Officerrmohr@intermap.comorCanada - FinancialE-vestor Communications Inc.Corbet Pala, 416-657-2400Investor Relationscpala@evestor.comorUnited States - FinancialGenesis Select CorporationBudd Zuckerman, 303-415-0200Investor Relationsbzuckerman@genesisselect.comorUnited Kingdom - AIM, Nominated AdvisorCanaccord Adams LimitedAndrew Chubb, +44 (0) 207 050 6500
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