Press Release

Matthew O’Connell Recognized for Leadership in the Satellite Imagery Industry

By SpaceRef Editor
October 19, 2007
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GeoEye, Inc. (Nasdaq: GEOY), a leading producer of satellite, aerial and geospatial information, announced that CEO Matthew O’Connell received the prestigious Intelligence Achievement Award for Industry from the United States Geospatial Foundation (USGIF). Mr. O’Connell will be presented the award on Oct. 24 at the USGIF’s Hall of Fame banquet during the GEOINT 2007 symposium in San Antonio, Texas.

Every year the USGIF presents awards to the most influential members of the geospatial intelligence community. This year’s six awards recognized the top candidates in the following categories: academic achievement, academic research, government intelligence achievement, military intelligence achievement, industry intelligence achievement and the lifetime achievement award.

“This award from the USGIF is a great honor. It’s a tribute to all the men and women of GeoEye who make our success possible,” O’Connell said. “The award is also a testament to our mission partners at the National Geospatial-Intelligence Agency who have been critical to our success. GeoEye’s success is proof that the commercial remote sensing industry is a robust long-term partner for the Intelligence community.”

O’Connell joined ORBIMAGE in 2001 and led the company through the merger with Space Imaging in 2006 when the two companies combined to create GeoEye. He joined the company after a failed launch in the fall of 2001 and guided the company through a bankruptcy in 2003 and the unexpected loss of OrbView-3 in March 2007. More recently, O’Connell has been at the helm throughout the construction and testing of GeoEye-1, the next-generation satellite slated to launch next spring. O’Connell has helped GeoEye grow from 60 employees to more than 390 employees at four locations in the United States.

The USGIF is a non-profit, Virginia-based corporation devoted to promoting geospatial-intelligence for the purposes of advancing public discussing, education and government operations. For more information on the Foundation, please visit About GeoEye

GeoEye is the premier provider of geospatial information, imagery and solutions for the national security community, strategic partners, resellers and commercial customers to help them better map, measure and monitor the world. GeoEye operates a constellation of Earth imaging satellites, mapping aircraft and has an international network of ground stations, a robust imagery archive, and advanced geospatial imagery processing capabilities. The launch of GeoEye-1 is slated for late first quarter or early second quarter 2008 from Vandenberg Air Force Base in California. GeoEye-1 will be the world’s highest resolution and most accurate commercial imaging satellite. GeoEye is a public company listed on the Nasdaq stock exchange under the symbol GEOY. GeoEye provides support to academic institutions and non-governmental organizations through the GeoEye Foundation. Headquartered in Dulles, Virginia, GeoEye maintains a comprehensive Quality Management System (QMS), and has achieved

company-wide ISO accreditation. For more information, visit 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. 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,, or by contacting: William L. Warren, Senior Vice President, General Counsel and Secretary, at 703-480-5672.

SpaceRef staff editor.