Technology License Agreement between Pictometry International Corp. and Blom ASA

Pictometry has notified Blom that they consider Blom 
to be in breach of the Technology License Agreement 
(TLA) entered into January 29, 2009 and has 
consequently terminated the agreement with immediate 
effect. Blom is of the strong opinion that Blom has 
not violated  the TLA, thus the notice of breach and 
termination is null and void and of no effect. Blom 
has  through legal advisors taken all required 
actions to protect its interests.

In the unlikely event that the parties should 
not come to an agreement, the present licence 
agreement protects all Bloms customers and will 
secure continued access to services subscribed to.

Blom will continue its present strategy to build on 
its geoserver and distribution capability both for 
engineering services and informations services.

For further information please contact:
CEO Dirk Blaauw, tel. (+47) 22 13 19 23 or 
CFO Lars Bakklund, tel. (+47) 22 13 19 24.