GeoEye Receives Additional U.S. Government Awards Totaling $25 Million

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Tue Jun 30, 2009 2:16pm EDT

DULLES, Va., June 30 /PRNewswire-FirstCall/ -- GeoEye, Inc. (Nasdaq: GEOY), a
premier provider of satellite, aerial and geospatial information, announced
today new government awards totaling more than $25 million to supply
geospatial products and services. Under awards during the first and second
quarters of 2009, GeoEye will provide the National Geospatial-Intelligence
Agency (NGA) a significant amount of value-added, imagery-based
geospatial-intelligence products. Imagery processing and production will be
performed at GeoEye's advanced imagery processing centers located in St.
Louis, MO, Thornton, CO, and Dulles, VA. These awards are in addition to the
Service Level Agreement (SLA) modification to the company's existing NextView
contract with the NGA announced Dec. 10, 2008.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20080625/LAW528LOGO)

Chris Incardona, GeoEye's Director, Government Programs, NGA, commented,
"GeoEye appreciates and supports the NGA's commercial data strategy by
offering orthoimagery and advanced solutions. Demand for timely, accurate,
color imagery over a broad area continues to grow, as does GeoEye's ability to
integrate end-to-end product offerings and high-resolution sensor agnostic
capabilities."  

Bill Wilt, GeoEye's Vice President of North American Sales, added, "GeoEye's
technical capabilities are more and more aligned with NGA's mission needs, and
we're proud to be a part of the solutions they provide to their customers." 

About GeoEye
GeoEye's products and services enable timely, accurate, and accessible
location intelligence. The company is recognized as one of the geospatial
industry's most trusted imagery experts, delivering reliable service and
exceptional quality imagery products and solutions to customers around the
world. GeoEye has developed an advanced information technology infrastructure
for collecting, receiving, processing and distributing imagery information
products and processing services to the U.S. Government including the national
security community as well as international governments and commercial
customers. These products serve applications including defense and
intelligence, precision mapping, on-line mapping, infrastructure development,
planning and monitoring, and environmental assessment. The company collects
tens of millions of square kilometers of imagery per year with its existing
satellites and aerial assets, which includes GeoEye-1, the world's highest
resolution commercial imaging satellite. The company also provides support to
academic institutions and non-governmental organizations through the GeoEye
Foundation (http://www.geoeyefoundation.org). Headquartered in Dulles,
Virginia, GeoEye is a public company listed on the NASDAQ stock exchange under
the symbol GEOY. It maintains a comprehensive Quality Management System (QMS)
and has achieved company-wide ISO accreditation. For more information, visit
http://www.geoeye.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
This release contains forward-looking statements within the meaning of Section
27A of the Securities Act and Securities Exchange Act of 1934, as amended.
Statements including words such as "anticipate", "believe", or "expect" and
statements in the future tense are forward-looking statements. These
forward-looking statements involve known and unknown risks and uncertainties.
GeoEye's actual financial and operational results could differ materially from
those anticipated. Additional information regarding these risk factors and
uncertainties is described more fully in the Company's SEC filings. A copy of
all SEC filings may be obtained from the SEC's EDGAR web site,
http://www.sec.gov/, or by contacting: William L. Warren, Senior Vice
President, General Counsel and Secretary, at 703-480-5672. 


SOURCE  GeoEye, Inc.

Mark Brender of GeoEye, +1-703-629-5368, brender.mark@geoeye.com; or Heather
Lindemann of LeGrand Hart, +1-303-298-8470, ext. 212,
hlindemann@legrandhart.com, for GeoEye
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