SOURCE: DigitalGlobe

September 01, 2009 16:00 ET

DigitalGlobe Welcomes New Board Members

Senior Executives From the U.S. Government, Red Hat, and General Motors Join Board

LONGMONT, CO--(Marketwire - September 1, 2009) - DigitalGlobe (NYSE: DGI), a leading global provider of commercial high-resolution, world-imagery products and services for defense and intelligence, government, and commercial clients, today welcomed Mr. Alden Munson Jr. and Mr. James Whitehurst to the DigitalGlobe board of directors. Mr. Munson and Mr. Whitehurst join Mr. Nick Cyprus, appointed June 25, 2009, as independent directors on the DigitalGlobe board.

Mr. Munson is a senior fellow at the Potomac Institute for Policy Studies. Most recently he served in the U.S. Intelligence Community, where he was the deputy director of national intelligence for acquisition. Previously, Mr. Munson was associated with the investment banking firm Windsor Group and served as a consultant to government and industry on defense, space, and intelligence matters. Earlier, he served in senior leadership positions at TRW and Litton Corp, both now part of Northrop Grumman. Mr. Munson received the National Intelligence Distinguished Service Medal in 2009.

Mr. Whitehurst currently serves as president and chief executive officer of Red Hat (NYSE: RHT), the maker of Linux and other enterprise software, a position he has held since January 2008. He previously served as chief operating officer and chief network and planning officer for Delta Air Lines. Prior to joining Delta in 2002, Mr. Whitehurst was a partner and managing director at the Boston Consulting Group.

Mr. Cyprus currently serves as vice president, controller, and chief accounting officer for General Motors Company. Mr. Cyprus previously served as senior vice president, controller, and chief accounting officer of Interpublic Group of Companies from May 2004 until March 2006. Prior to joining Interpublic Group, Mr. Cyprus served as vice president, controller, and chief accounting officer of AT&T.

"We are delighted to welcome Al, Jim, and Nick to our board of directors," said Jill Smith, chairman and chief executive officer of DigitalGlobe. "These accomplished individuals bring the added depth and experience to the DigitalGlobe board that will further enable us to achieve our growth objectives in our core defense and intelligence, government, and commercial markets and they bring expertise that is valuable to the board and to me as we move forward as a newly public company."

Mr. Cyprus serves on the company's audit committee. Mr. Munson will serve on the nominating and governance committee and Mr. Whitehurst on the compensation committee; all three committees will then be comprised entirely of independent directors.

About DigitalGlobe

DigitalGlobe (http://www.digitalglobe.com) is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than 730 million square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, please visit www.digitalglobe.com.

Forward-Looking Statements

This release contains 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 other similar words, although not all forward-looking statements contain these words. Any forward-looking statements contained in this release are based upon our historical performance and on our current plans, estimates and expectations. Such forward-looking statements are subject to various risks, uncertainties and assumptions. Our actual financial and operational results may vary materially from those indicated in these statements. Additional information regarding risk factors, uncertainties and assumption concerning our business is described more fully in documents filed by us with the Securities and Exchange Commission (SEC). 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.

Contact Information

  • Media Contact:
    KC Higgins
    DigitalGlobe
    303-684-4210
    Email Contact

    Investor Contact:
    Linda Rothemund
    Market Street Partners
    919.357.2070
    Email Contact