LONGMONT, CO, Aug 29, 2013 (Marketwired via COMTEX) –
DigitalGlobe
/quotes/zigman/550936/quotes/nls/dgi DGI
-0.33%
, a leading provider of commercial
high-resolution earth observation and advanced geospatial solutions,
today announced its intention to relocate its global headquarters
from Longmont, Colorado to the North Park development in Broomfield,
Colorado in mid-2015.
In order to consolidate four office locations in Colorado into a
single site, DigitalGlobe signed a letter of intent and plans to
enter into a lease agreement for a new campus at the North Park
development being constructed by Opus Development Company, LLC,
designed by RNL Design, with real estate and project management
services by Cresa Denver. The new campus is expected to be ready for
occupancy in the summer of 2015. This move will enable the company to
realize the synergies, increase operational efficiencies, enhance
collaboration and enable better access to talent in the greater
Denver metropolitan region to better serve its customers and support
its long term growth plan.
Colorado-based employees are expected to relocate to the new campus
in Broomfield beginning in the summer of 2015. DigitalGlobe will
continue to maintain a presence in the Longmont location for a period
of time. In addition, DigitalGlobe will continue to maintain a
significant presence in other offices around the world, including
Herndon, Va., Tampa, Fla., London and Singapore among others.
About DigitalGlobe
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. In January 2013, DigitalGlobe and GeoEye
combined to become one DigitalGlobe, creating a company capable of
providing greater value to customers through an integrated
constellation and a broader set of products and services. For more
information, visit www.digitalglobe.com.
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.
Media Contact
Katie Nafius
Edelman for DigitalGlobe
Phone: (512) 634-3659
Email: digitalglobe@edelman.com
Nancy Coleman
Senior Director of Communication
Phone: (303) 684-1674
Email: nancy.coleman@digitalglobe.com
Investor Relations Contact
David Banks
Vice President of Investor Relations
Phone: (303) 684-4210
Email: ir@digitalglobe.com
SOURCE: DigitalGlobe
(C) 2013 Marketwire L.P. All rights reserved.
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