The Fourth Largest Crude Oil Producer in the World, Petroleos Mexicanos to Use On Demand Delivery of Satellite Imagery to Make Faster Business Decisions LONGMONT, CO - July 12, 2011 - DigitalGlobe (NYSE: DGI), a leading global provider of high-resolution earth imagery solutions, announced that it has signed a new agreement with Mexico's largest enterprise, PEMEX. The agreement gives PEMEX, a customer of DigitalGlobe's for the last four years and one of the world's top oil producers, real-time, cloud-based access to DigitalGlobe's new Global Basemap, launched today. Global Basemap is being demonstrated in DigitalGlobe's booth #1901 at this week's Esri International User Conference in San Diego. PEMEX is Mexico's sole producer of crude oil, natural gas and refined products and represents one of the country's most important sources of government income. It is also one of the few oil companies in the world to manage all facets of production, from exploration and extraction to refining, storage, distribution and sales. Margarita Jordá Lozano, Geospatial Information System Manager at PEMEX, said such complex operations require advanced data to support critical business decisions. "PEMEX operates nearly 60,000 kilometers of pipeline, seven refineries, 77 storage facilities and 15 gas processing plants throughout Mexico. Satellite imagery has become a vital source of information to help us quickly and accurately assess what is truly happening across all of these locations. Now, on demand access to constantly refreshed imagery will give us a ground truth basis on which to make our most integral business decisions." Global Basemap easily integrates with PEMEX's mapping systems so that managers can:
  • Plan exploration strategies and lay seismic lines;
  • Manage logistics to track and develop roads around facilities, and plan the movement of exploration and drilling equipment;
  • Oversee production, including development and security at gas and liquefied gas terminals and refineries;
  • Manage pipeline development, including the creation of topographic maps;
  • Ensure the safe production, transportation and distribution of hydrocarbons;
  • Conduct emergency care and response planning for employees and local communities.
DigitalGlobe's Senior Vice President of Commercial Sales Rafay Khan said that PEMEX's interest in an online solution represents a growing trend within DigitalGlobe's customer base. "Our customers increasingly rely on satellite imagery to drive business decisions, but don't want the expense of a large data center to limit access to critical information. With the reliability and cost effectiveness of our solution, they can get the accurate, up-to-date imagery they need without the operational headaches." Based on the company's comprehensive and constantly refreshed ImageLibrary, and powered by its Cloud Services platform, Global Basemap gives customers fast and easy online access to existing and newly collected imagery so that they have the visual information needed to make critical decisions. Global Basemap includes imagery sourced from DigitalGlobe's own high-resolution satellite constellation and aerial network as well as additional third party low-resolution sources. Financial terms of the agreement were not disclosed. PEMEX PEMEX is Mexico's national oil and gas company. Created in 1938, it is the exclusive producer of Mexico's oil and gas resources. The operating subsidiary entities are PEMEX-Exploration and Production, PEMEX-Refining, PEMEX-Gas and Basic Petrochemicals and PEMEX-Petrochemicals. The principal subsidiary company is PMI Comercio Internacional, S.A. de C.V., PEMEX's international trading arm. About DigitalGlobe DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than one billion square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, visit DigitalGlobe is a registered trademark of DigitalGlobe. Safe Harbor Statement Our reports, filings, presentations and public announcements may contain or incorporate forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements relate to future events or our future financial performance. We generally identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words. 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; the loss or impairment of our satellites; delays in the construction and launch of WorldView-3; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. 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, 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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