|By Marketwired .||
|June 18, 2014 07:00 AM EDT||
LONGMONT, CO -- (Marketwired) -- 06/18/14 -- DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of commercial high-resolution earth observation and advanced geospatial solutions, today announced the availability of the first in a series of new commercial offerings for the energy market from recently acquired Spatial Energy.
The new DigitalGlobe Energy Suite includes online, subscription-based offerings available to enterprise oil and gas customers through Spatial on Demand, its market-leading cloud-based enterprise data management platform. The suite provides immediate access to information and insight that can be integrated with desktop workflows across the entire energy enterprise, which will become available to Spatial on Demand customers on July 1.
The first set of products in the DigitalGlobe Energy Suite includes:
Basemap +Energy is an online living globe tailored specifically for energy customer accuracy, update, and historical needs. It is the only source of constantly updated 50 cm imagery with supporting metadata and simple download capability, making it the single source of the best available data for use by global stakeholders.
FirstLook +Energy is delivered through the Spatial Energy Disaster Response and Preparedness subscription program. FirstLook +Energy provides proactive initiation of satellite imagery of disaster situations to allow oil and gas customers to engage their response plans quickly, without having to place tasking orders or search through the imagery archive.
Landscape +Energy data sets are the first online countrywide assessment for new ventures and risk assessment. These data sets provide foundational GIS data for over 39 countries in which energy company professionals can conduct spatial analysis. Initial countries include much of Africa, South America and the Middle East, with more being added monthly.
"With this new product suite, our customers will be able to meet their global enterprise requirements with access to more accurate, timely, and consistent data for prospect evaluations, drilling, seismic, pipeline and EHS decisions," said Bud Pope, President of Spatial Energy. "Rapidly accessible, high quality data delivered directly to the desktop will significantly reduce the cycle time for making better decisions."
To learn more about the DigitalGlobe Energy Suite, sign up for a live webinar on the benefits of Basemap +Energy for oil and gas companies, to be held on Thursday, June 19, at 9 a.m. MT / 10 a.m. CT / 4 p.m. GMT.
DigitalGlobe is a leading provider of commercial high-resolution earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.
DigitalGlobe is a registered trademark of DigitalGlobe.
About Spatial Energy, a DigitalGlobe company
Spatial Energy was founded in Boulder, Colo., in 2005 to help energy companies reduce the cost, time and effort associated with acquiring and analyzing complex geospatial information. Spatial Energy's robust geospatial solutions enable its customers, which include 12 of the top 20 largest oil and gas companies, to more effectively manage their workflows throughout the exploration and production lifecycle. The company provides more than 50 different geospatial data sets, allowing its customers to tailor information solutions to best meet their needs. Its cloud-based spatial data management and delivery platform -- Spatial on Demand® -- integrates vast archives of geospatial data into a centralized online database that can be accessed anywhere and procured through a subscription service.
Safe Harbor Statement
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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 or decisions by customers not to exercise renewal options; the availability of government funding for our products and services both domestically and internationally; changes in government and customer priorities and requirements (including cost-cutting initiatives, the potential deferral of awards, terminations or reduction of expenditures to respond to the priorities of Congressand the administration, or budgetary cuts resulting from Congressional committee recommendations or automatic sequestration under the Budget Control Act of 2011); the risk that U.S. government sanctions against specified companies and individuals in Russia may limit our ability to conduct business with potential or existing customers; the risk that the anticipated benefits and synergies from the strategic combination of the company and GeoEye, Inc. cannot be fully realized or may take longer to realize than expected; the outcome of pending or threatened litigation; the loss or impairment of any of our satellites; delays in the construction and launch of any of our satellites or our ability to achieve and maintain full operational capacity of all our satellites; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our imagery archives; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition, including possibly from companies with substantial financial and other resources and services, that may reduce our market share or cause us to lower our prices; our inability to fully integrate acquisitions or to achieve planned synergies; changes in satellite imaging technology; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. or 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 ("SEC"), 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.
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