SOURCE: DigitalGlobe

October 19, 2009 08:00 ET

DigitalGlobe's Lock-Up Period Extended to November 27th

LONGMONT, CO--(Marketwire - October 19, 2009) -  DigitalGlobe (NYSE: DGI), a leading global provider of commercial high-resolution, world-imagery products and services for defense and intelligence, civil government, and commercial clients, today announced that lock-up agreements entered into with its underwriters in conjunction with its initial public offering will be extended 18 days beyond the Company's November 9, 2009 earnings release. The lock-up period was due to expire on November 9, but the Company's underwriting agreement provided for an automatic extension, depending on the timing of DigitalGlobe's quarterly earnings press release. The first sales of shares restricted by the underwriter's lock-up may take place on Friday, November 27, 2009.

About DigitalGlobe

DigitalGlobe is a leading global provider of commercial, high-resolution, world-imagery products and services for defense and intelligence, government, and commercial clients. Sourced from its own advanced satellite constellation, DigitalGlobe's imagery solutions support a wide variety of uses for government agencies, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals, and navigation technology. With advanced collection sources and a comprehensive ImageLibrary containing more than 730 million square kilometers of imagery and imagery products, DigitalGlobe offers a range of on- and off-line products and services designed to enable clients to access and integrate imagery seamlessly into 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 Contacts:
    KC Higgins
    DigitalGlobe
    303.999.1578
    Email Contact

    Ginger Lennon
    Racepoint Group
    781.487.4600
    Email Contact

    Investor Contact:
    Linda Rothemund
    Market Street Partners
    303.684.4210
    Email Contact