EARTHWATCH INC
8-K, EX-99.5, 2000-11-30
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
Previous: EARTHWATCH INC, 8-K, 2000-11-30
Next: EARTHWATCH INC, 8-K/A, 2000-11-30



<PAGE>

[LOGO APPEARS HERE]                                                 Exhibit 99.5

                                                                   Press Release


CONTACT:

Chuck Herring

Media Relations, EarthWatch Incorporated
[email protected]
303.682.3820 (Direct)
800-496-1225 (CUSTOMER SERVICE LINE FOR PUBLICATION)

For Immediate Release

               EARTHWATCH ANNOUNCES QUICKBIRD 1 SATELLITE A LOSS

LONGMONT, Colorado, November 21, 2000, EarthWatch Incorporated today announced
the loss of the QuickBird 1 remote sensing satellite.  The announcement follows
a launch failure of the 1-meter resolution commercial imaging satellite on
November 20 (GMT), 2000 from Plesetsk, Russia. Initial indications are that the
QuickBird 1 failed to achieve its proper orbit.

EarthWatch President and Chief Executive Officer, Herb Satterlee, stated, "The
loss of QuickBird 1 is a great disappointment not just to EarthWatch, but to
customers worldwide who are eager to receive high-resolution commercial imagery
from EarthWatch. EarthWatch is currently reviewing a range of options to
determine what is in the best interest of their stakeholders, including
employees.  We will provide more information when it becomes available."

EarthWatch is a commercial imagery and information content provider located in
Longmont, Colorado. The company offers imagery through the digitalglobe.com on-
line imagery store, an Internet-based global archive of geographic information.
It is also launching its own constellation of earth imaging satellites, allowing
the company to provide high-resolution panchromatic and multispectral imagery to
commercial businesses and governments worldwide.

                                      ###


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission