|By Marketwired .||
|February 11, 2014 05:11 PM EST||
LONGMONT, CO -- (Marketwired) -- 02/11/14 -- DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of commercial high-resolution earth imagery products and services, today announced the appointment of Mr. Eddy Zervigon to the DigitalGlobe Board of Directors, effective March 1, 2014. Mr. Zervigon will also serve as a member of DigitalGlobe's Audit Committee. He previously served as a director of DigitalGlobe's Board of Directors from 2004 until January 31, 2013.
Mr. Zervigon is currently a Principal at the investment firm Alta Loma Energy. From 1997 to February 2012, he worked for Morgan Stanley & Co. Inc., most recently as a managing director of its Principal Investments Group. Mr. Zervigon also serves as a director of Bloom Energy and previously served as a board member of MMCinemas, Impsat Fiber Networks, Inc., TVN Entertainment Corporation and Stadium Capital.
"As we bring on new directors, it is critically important they have skills needed by the Board going forward," said Gen. Howell M. Estes III, Chairman of DigitalGlobe's Board of Directors. "Eddy Zervigon is a perfect match. His broad financial experience fits what the Board needs as it works closely with management to execute the company's growth strategy. We're pleased to welcome Eddy back to our Board of Directors."
"With nearly a decade of experience serving on our board and deep expertise in financial markets and M&A, Eddy is well-equipped to provide insight and guidance that will further enable us to accelerate toward our vision of becoming the indispensable source of information about our changing planet and, in so doing, create value for share owners," said Jeffrey R. Tarr, President and Chief Executive Officer of DigitalGlobe.
Mr. Zervigon has a Bachelor's degree in Accounting and a Master's degree in Tax from Florida International University, as well as a Master of Business Administration from the Amos Tuck School of Business at Dartmouth College. He is also a Certified Public Accountant.
DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in U.S. and foreign defense and intelligence, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services, financial services, energy, telecommunications, utility, forestry, mining, and environmental and agricultural industries depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.
DigitalGlobe is a registered trademark of DigitalGlobe.
Safe Harbor Statement
Our reports, filings, presentations and public announcements may contain or incorporate 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 "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words.
Any forward-looking statements are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions. A number of important factors could cause our actual results or performance to differ materially from those indicated by such forward looking statements, including: the loss, reduction or change in terms of any of our primary contracts; changes in government and customer priorities and requirements; the risk that the anticipated benefits and synergies from our strategic combination with GeoEye, Inc. cannot be fully realized or may take longer to realize than expected; the loss or impairment of our satellites; delays in the construction and launch of WorldView-3; delays in implementation of planned ground system and infrastructure enhancements; loss or damage to the content contained in our ImageLibrary; interruption or failure of our ground system and other infrastructure, decrease in demand for our imagery products and services; increased competition that may reduce our market share or cause us to lower our prices; our failure to obtain or maintain required regulatory approvals and licenses; changes in U.S. foreign law or regulation that may limit our ability to distribute our imagery products and services; the costs associated with being a public company; and other important factors, all as described more fully in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
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. Readers are cautioned not to place undue reliance on any of these forward looking statements.
Abby Van Uum
Edelman for DigitalGlobe
Phone: (512) 634-3642
Email: [email protected]
Senior Director of Communication
Phone: (303) 684-1674
Email: [email protected]
Investor Relations Contact
Vice President of Investor Relations
Phone: (303) 684-4210
Email: [email protected]
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