Tiltan announces exclusive sales agreement with ITT VIS for TLiD airborne LIDAR data processing product

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 11, 2011 -- Petach Tikva, Israel, -July 11, 2011 – Tiltan Systems Engineering, a leading developer and provider of visualization and mapping solutions, is pleased to announce that it has signed an exclusive global licensing and sales agreement with ITT Visual Information Solutions (ITT VIS), a subsidiary of ITT Corporation (NYSE: ITT), for its TLiD automatic airborne LiDAR data processing product.

TLiD is an automatic airborne LiDAR data processing software product that transforms geo-referenced point clouds into GIS layers and 3D models. TLiD enables the processing of large quantities of data, and the creation DTM, DSM, SHP files to represent buildings and power lines, trees list and other items. TLiD automatically creates a 3D view of the mapped area.

"We are very pleased that ITT VIS has chosen to incorporate TLiD into its visualization and image analysis software product line, said Oodi Menaker, VP marketing and sales for Tiltan. The ITT VIS choice of TLiD is a validation of Tiltan’s continuing leadership and expertise in geographic data analysis software. Tiltan looks forward to seeing ITT employ its global distribution network to turn this technology into an industry leading tool,” he concluded.

The licensing agreement with ITT VIS considerably strengthens the status of Tiltan as a leading technology developer and will enable its highly motivated professional team to focus on the introduction of Tiltan's next innovative advanced technology for automatic extraction of GIS information from photogrammetric data.

About Tiltan
Tiltan is a leading developer and provider of advanced 2D and 3D mapping and visualization software and services for various modeling and simulation applications. Tiltan comprehensive line of products includes: TLiD, TView and UnitedViews. With more than 20 years’ experience in simulation, training, visual and mapping applications Tiltan has a worldwide customer base that enjoys Tiltan experts’ solutions in software development, algorithm development and visual database. For more information, please visit www.tiltan-se.co.il



Contact:

Michal Rips-Rosenzweig, Marcom manager
Tiltan Systems Engineering
Tel - +972-3-921-7717 ext. 104
Mobile - +972525521520
Email: michalr@tiltan-se.co.il
www.tiltan-se.co.il

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