HERNDON, Va., Dec. 5, 2012 /PRNewswire/ -- GeoEye, Inc.
(NASDAQ: GEOY), a leading source of geospatial information and
insight, announced the opening of GeoEye Middle East Limited, a
subsidiary sales office located in Masdar City, Abu Dhabi, United Arab Emirates. The office
will directly serve customers in the Middle East, including governments, commercial
entities and official GeoEye resellers.
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The Abu Dhabi office is
expected to expand over time due to increasing regional demand for
commercial satellite imagery and information services.
"We opened the Abu Dhabi office
to meet the growing needs of our customers in the Middle East, to best serve our resellers in
the region and to supply a variety of markets including country and
local governments, the oil and gas industry, alternative energy
developments, construction and urban planning and infrastructure,"
said Dr. Rao S. Ramayanam, GeoEye's
senior regional sales director for Middle
East and Africa.
Masdar City is being built by the Abu Dhabi Future Energy
Company, a subsidiary of Mubadala Development Company in an
authorized export zone. The project is partially funded by the
Abu Dhabi government as a master
planned city to be completed in 2014. Masdar City will rely
entirely on solar energy and other renewable energy sources such as
solar power with a sustainable, zero-carbon, zero-waste ecology.
The city is being constructed next to the Abu Dhabi International Airport.
About GeoEye
GeoEye is a leading source of geospatial information and insight
for decision makers and analysts, who need a clear understanding of
our changing world to protect lives, manage risk and optimize
resources. Each day, organizations in defense and intelligence,
public safety, critical infrastructure, energy and online media
rely on GeoEye's imagery, tools and expertise to support important
missions around the globe. Widely recognized as a pioneer in
high-resolution satellite imagery, GeoEye has evolved into a
complete provider of geospatial intelligence solutions. GeoEye's
ability to collect, process and analyze massive amounts of
geospatial data allows our customers to quickly see precise changes
on the ground and anticipate where events may occur in the future.
GeoEye is a public company listed on NASDAQ as GEOY and is
headquartered in Herndon, Virginia
with more than 740 employees worldwide. Learn more at
www.geoeye.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This release includes forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Without
limitation, the words "anticipates," "believes," "estimates,"
"expects," "intends," "plans," "will" and similar expressions are
intended to identify forward-looking statements. All statements
that address operating performance, events or developments that we
expect or anticipate will occur in the future, including statements
relating to growth, expected levels of expenditures and statements
expressing general optimism about future operating results, are
forward-looking statements. Similarly, statements that describe our
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. All such forward-looking
statements and those presented elsewhere by our management from
time to time are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements. These risks and uncertainties include,
but are not limited to, those described in "Risk Factors" included
in our Annual Report on Form 10-K for the fiscal year ended
Dec. 31, 2011, which we filed with
the Securities and Exchange Commission ("SEC") on March 13, 2012. Copies of all SEC filings may be
obtained from the SEC's EDGAR Web site, http://www.sec.gov/ or by
contacting: William L. Warren,
Executive Vice President, General Counsel and Secretary, at
703-480-5672.
SOURCE GeoEye, Inc.