1. Copyright 2003 Frost & Sullivan North American Commercial Imagery, Data and Value-Added Services Markets Defense Requirements and Environmental Applications Thrust Market Growth Aerospace Analyst Team Frost & Sullivan “Heightened homeland security requirements and the growing concern for environment are stimulating the North American market for commercial imagery and data services.”

2. Copyright 2003 Frost & Sullivan  Report is an update of 7430-22, which had a base year of 2000 - Base year of 2002 will reflect current market state and anticipate changes and growth - Homeland security, economies and government revenue reliance are shaping this market North American Commercial Imagery, Data and Value- added Services Markets

3. Copyright 2003 Frost & Sullivan Market Coverage and Definitions (5 Report Segments)  Panchromatic: Black and white imagery  Multispectral: Color, false color, infrared imagery  Synthetic Aperture Radar: Imagery and information derived from an imaging radar  Hyperspectral: Imaging using a minimum of 10 narrow bands  LIDAR: Imagery and information derived from laser imaging A minimum of 10 applications will be considered and assigned revenues at each segment level. North American Commercial Imagery, Data and Value- added Services Markets

4. Copyright 2003 Frost & Sullivan Market Insight “Frost & Sullivan sees ongoing and steady growth in existing government markets, namely the U.S. Department of Defense, civilian federal markets in Canada and the United States, as well as state, provincial and county government revenues. Year-by-year revenues will likely continue to fluctuate, given that federal, state and provincial markets are application driven and subject to local and national economic trends.” Ron Stearns, Senior Consulting Analyst

5. Copyright 2003 Frost & Sullivan Total Market Revenues

6. Copyright 2003 Frost & Sullivan Applications Considered U.S. Department of Defense Civilian Federal State/Provincial/Local Agriculture Utilities Telecommunications Hydrology/Ocean/Coastal Forestry Banking, Real Estate, Business Site Selection Mining Consumer/Other Environmental Remediation Location-Based Services

7. Copyright 2003 Frost & Sullivan Industry Challenges

8. Copyright 2003 Frost & Sullivan Related Frost & Sullivan Reports 7430-22, North American Vertical Markets for Commercial Remote Sensing Data 7788-22, World Commercial Remote Sensing Data and GIS Software Markets A024-22, North American GPS Markets A080-16, European Vertical Markets

9. Copyright 2003 Frost & Sullivan Key Market Participants Aerial Data Service, Inc. AeroMap U.S./ Aero-Metric, Inc. AirPhoto USA LLC Air Survey Corp. Airborne1 Corp. American City and County Magazine/ PRIMEDIA Business Magazines & Media, Inc. American Congress on Surveying and Mapping American Society of Photogrammetry and Remote Sensing Analytical Surveys, Inc. Applanix Corp. Atlantis Scientific, Inc. Autodesk, Inc. Aviation Week and Space Technology Ayres Associates, Inc. BAE/ADR Ball Corp. Bentley Systems, Inc. Boeing Autometric, Inc. Boeing Resource 21 Bureau of Land Management Canada Centre for Remote Sensing Canada Department of Natural Resources Canadian Ice Service Core Software, Inc. DigitalGlobe Earth Data International, Inc. Earth Observation Magazine, Inc. Earth Satellite Corp. (Earthsat) Earth Search Sciences, Inc. Eastman Kodak Company, Aerial Imaging ER Mapper/ Earth Resource Mapping, Inc. Leica Geosystems ESRI, Inc. European Space Agency Federal Geographic Data Committee Geographic Data Technology, Inc. (GDT)

10. Copyright 2003 Frost & Sullivan Key Market Participants (Cont’d) Geophysical & Environmental Research Corp. GeoVantage, Inc. GeoWorld Magazine GITA Greenhorne & O'Mara, Inc. GRW Aerial Surveys, Inc. HAS Images, Inc. Hyperspectral Data International, Inc. IEEE Geoscience and Remote Sensing Society ImageSat International NV Infoterra Intermap Technologies, Inc. ISRO - Indian Space Research Organisation ISTAR ITRES Research Ltd. Keyhole Corp. Keystone Aerial Surveys, Inc. Kucera International, Inc. Land Data Technologies, Inc. Leica ERDAS LH Systems Leica Geosystems AG LizardTech, Inc. Lockheed Martin Corp. MapInfo Corp. Markhurd Merrick & Co. Microsoft Corp. MJ Harden &Associates, Inc. mPower3/ EMERGE/ ConAgra, Inc. MSCI -Mississippi Space Commerce Initiative NASA Commercial Remote Sensing Program NASA EOSDIS NASA Goddard Space Flight Center National Imagery and Mapping Agency (NIMA) NOAA NOAA National Geodetic Survey RS Division Optech, Inc.

11. Copyright 2003 Frost & Sullivan Key Market Participants (Cont’d) Orbimage (Orbital Imaging Corp.) PCI Geomatics Photo Science, Inc. Positive Systems, Inc. Radarsat International Research Systems, Inc. SAIC Sanborn Map Company, Inc. Science and Technology International Industries, Inc. Sidwell Company Solid Terrain Modeling, Inc. Space Imaging, Inc. Space News/ Space.com, Inc. Spectrum Astro, Inc. SPOT Image Corp. Surdex Corp. TerraPoint LLC Terrex- Terrain Experts, Inc. The Financial Times Ltd. Triathlon Ltd. U.S. office of surface mining, DOI VARGIS LLC Veridian ERIM International, Inc. Vexcel Corp. Via Plus/ Visitless Integrity Assessment Ltd. Wall Street Journal/ Dow Jones & Co., Inc. Woolpert LLP

12. Copyright 2003 Frost & Sullivan For Additional Information Please Contact Aerospace & Defense Sales Managers Marty Medwin, 408-392-2078 Aaron Kravetz, 917-202-3422 Director, Aerospace & Defense Gary Leikin Tel. 310-318-8551 Gleikin@frost.com Awards Coordinator – John Weber Industrial Award Sales Tel. 210-348-1000 Jweber@frost.com