Statement re Legal dispute and notice of results
18 June 2003 - 10:06PM
UK Regulatory
Getmapping plc
('Getmapping' or 'the Company')
19 June 2003
Settlement of legal dispute and notice of results
Getmapping, the UK's leading provider of map-accurate colour aerial
photography, announces that it has reached a settlement of its legal
dispute with Ordnance Survey ("OS").
Under the terms of the settlement, Getmapping has agreed to pay a six
figure sum towards OS costs over the next year, a breakdown of which
will be included in the Company's year-end results. The terms of the
settlement do not permit the disclosure of any other details or comment
from either party. Getmapping believes that the settlement is in its
best interests.
Getmapping will continue to operate in the market in parallel with OS's
Imagery Layer and intends to become a long-term supplier to the Imagery
Layer as well as a reseller. In this way Getmapping can work in
collaboration with OS and concentrate its efforts on developing new
markets for imagery as well as specialist data of particular areas.
Getmapping will announce Preliminary Results for the year ended 31st
December 2002 on 26 June 2003.
For further information:
Tristram Cary, Getmapping plc: 01252 845444
Christopher Joll/ Richard Sunderland: 020 7491 7776