Intergraph Acquires 100% Ownership of Z/I Imaging

Consolidation strengthens Intergraph's end-to-end solutions in remote sensing, photogrammetry and GIS/mapping.

HUNTSVILLE, Ala., October 2, 2002 - Intergraph <Nasdaq:INGR> announced today that it has signed an agreement with the Carl Zeiss Group to acquire its minority interest in Z/I Imaging, making the earth imaging company a wholly owned subsidiary of Intergraph. Z/I Imaging, formerly a joint venture between Zeiss and Intergraph, is a world leader in the earth imaging industry, offering solutions for the acquisition, exploitation, management and distribution of imagery.

Intergraph Chairman and CEO Jim Taylor said, "Intergraph was a pioneer in computer-aided mapping and photogrammetry, and for 30 years has been a market leader in mapping and GIS. Owning all of Z/I Imaging will make it easier for us to consolidate our leadership position as a premier supplier of end-to-end geospatial solutions."

Z/I Imaging will merge with Intergraph's Mapping and GIS Solutions division to provide a total geospatial toolset to national, state, and local governments, photogrammetric mapping firms and commercial customers in industries such as transportation, engineering, utilities, defense and intelligence. The merger further strengthens Intergraph's integrated product offerings and global customer support in all related areas - remote sensing, photogrammetry, and GIS/mapping.

Intergraph also announced that Dr. Terry Keating has joined Intergraph Mapping and GIS Solutions as an executive vice president reporting to Preetha Pulusani, president of Intergraph Mapping and GIS Solutions. Dr. Keating will be responsible for Z/I Imaging and complementary service units. Dr. Keating received his Ph.D. in photogrammetry and remote sensing from the University of Wisconsin in 1975 and is a Certified Photogrammetrist, Registered Land Surveyor and a Professional Engineer. He is the president of Lucerne International, a company that provides a wide range of services related to surveying, photogrammetry, image-based mapping and spatial information management. Dr. Keating is also president of the American Society of Photogrammetry and Remote Sensing (ASPRS). Lewis Graham, current CEO of Z/I Imaging, is leaving to pursue other interests but will remain a consultant to Intergraph and Z/I Imaging to ensure a smooth transition.

Intergraph Background Information 

Intergraph Corporation <Nasdaq: INGR> is a worldwide provider of end-to-end technical solutions and systems integration. Intergraph's vertically focused business units develop, market and support software and services for local and national governments and for global industries, including process, power and offshore; public safety, utilities, and communications; mapping/GIS; and earth imaging. In addition, Intergraph's licensing division manages the Company's portfolio of intellectual property, including patents, copyrights, and trademarks. Intergraph is headquartered in Huntsville, Ala., with offices worldwide. 

www.intergraph.com

 

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