HOUSTON (March 3, 2003) - Stewart Geo Technologies Inc., a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), announced that its subsidiary GlobeXplorer LLC recently acquired Citipix aerial imagery from Eastman Kodak Company. GlobeXplorer, a leading provider of satellite images and aerial photography via the Internet, will provide the Citipix brand of aerial imagery products for its customers and business partners. Citipix aerials cover 65 metropolitan areas in the United States and encompass nearly 300 terabytes of data, which is three times the Library of Congress.
"Citipix is unparalleled in resolution and coverage and fits nicely with our other content partners' high-quality earth imagery," stated Paul Smith, chief operating officer for GlobeXplorer. "We have the entire Citipix digital orthophotography archive online. It made sense for us to acquire Citipix not only for our Internet customers but to better serve offline customers and resellers needing delivery via physical media."
"The Citipix product has helped our company make great improvements to our road network database," said Jay Benson, vice president of development, Geographic Data Technologies, a GlobeXplorer customer. "GlobeXplorer's online service has been reliable and an easy way to for us to retrieve Citipix imagery."
The acquisition of Citipix imagery will allow GlobeXplorer to continue to meet customer requirements for new imagery while expanding the image library through partnerships with existing and future aerial imagery providers. The Citipix product provides six-inch resolution color aerial photography supporting mapping applications needing a high degree of spatial accuracy. GlobeXplorer's Internet technology combined with Citipix enables engineers and planners to easily access detailed renditions of the appropriate building, property, street, neighborhood, city, county or region via the Web. GlobeXplorer's earth image library is one of the world's most comprehensive with a database that includes coverage of the entire United States, as well as major regions in Europe, Asia, Africa and Australia.
GlobeXplorer is a leading geographic data integration and publishing company providing online access to the world's largest commercial library of geo-referenced digital earth imagery. The Company's image library is distributed over the Internet using a proprietary platform that dynamically searches, retrieves, and delivers high-quality images from an online database within seconds. Using this technology, GlobeXplorer provides fast and affordable access to aerial images and associated database content to thousands of businesses and consumers on a daily basis. Through Web applications, desktop application extensions, custom GIS portals, and Internet-enabled devices, access to this dynamic archive of aerial imagery is available via flexible subscription services. The company is headquartered in Walnut Creek, Calif., and its products are available worldwide. For further information, contact GlobeXplorer at email@example.com, or visit http://www.globexplorer.com on the Internet.
Stewart Geo Technologies, Inc., a Stewart Information Services Corp. company, is a multifaceted international provider of geospatial solutions with product lines in mapping services, geographic information systems (GIS) application development, GIS consulting, and Internet data integration and publication. More information about Stewart Geo Technologies can be found at http://www.stewartgeotech.com.
Stewart Information Services Corp. is a technology driven, strategically competitive, global real estate information company. Stewart provides title insurance and related information services through more than 6,400 issuing locations in the United States and several international markets. Stewart meets the needs of the real estate and mortgage industries through the delivery of information services required for settlement using e-commerce. These services include title reports, flood determinations, document preparation, property reports, background checks and online property auctions. Stewart also supplies post-closing services to lenders, automated county clerk land records, property and land ownership mapping and GIS for governmental entities. Stewart provides expertise in tax-deferred exchanges. More information about Stewart can be found at www.stewart.com.