Outperformance of Mortgage Market Trends and Margin Expansion Highlight Strong Operational Execution; Accelerated AMC Transformation Program and Wind-down of Non-Core Mortgage and Default Technology Units Progressing as Planned

IRVINE, Calif. — (BUSINESS WIRE) — April 24, 2019 — CoreLogic (NYSE: CLGX^[1]), a leading global provider of residential property information, insight, analytics and data-enabled solutions, today reported financial results for the quarter ended March 31, 2019. Operating and financial highlights appear below.

• Revenues of $418 million, down 6% primarily reflecting the impacts of an estimated 10% to 15% drop in U.S. mortgage volumes and lower revenues attributable to appraisal management company (AMC) operations and non-core mortgage and default technology related platforms.
• Operating and net income from continuing operations were $21 million and $2 million, 52% and 94% below prior year levels, driven by the impacts of lower revenues and higher costs related to productivity programs and efficiency actions.
• Diluted EPS from continuing operations of $0.02, compared to $0.34. Adjusted EPS totaled $0.45, down 14%.
• Adjusted EBITDA of $98 million, down 5%. Adjusted EBITDA margins were up approximately 20 basis points.
• The Company made $23 million in voluntary principal payments against its outstanding term loan obligations.

“CoreLogic is off to a strong start in 2019. We delivered solid financial results highlighted by adjusted...

Herndon, VA, April 24, 2019 (GLOBE NEWSWIRE) -- The Center for Innovative Technology ( CIT^[1]) today announced that Senior Investment Director, Marco Rubin, will participate as a judge during the Startup Showdown at AUVSI XPONENTIAL 2019^[2] in Chicago. XPONENTIAL is the largest trade show for unmanned and autonomous systems, bringing together the entire community to share ideas, collaborate across markets, and capitalize on emerging trends. The Startup Showdown^[3], scheduled for Wednesday, May 1, is a competition for disruptive, early-stage companies who are creating, innovating or enhancing unmanned systems technologies and applications.

Rubin, who began his career as an engineer at NASA Johnson Space Center where he trained and certified astronauts and flight controllers to operate spacecraft, will join industry panelists Buddy Arnheim, Partner, Perkins Cole; Beckett Jackson, Investing Director, Portfolio Strategy, Boeing HorizonX; Sean Murphy, Senior Engineer and UAS Program Director, T-Mobile; and Betsy Ziegler, CEO, 1871. The Startup Showcase offers a platform for up-and-coming, investment-worthy startups to share their innovations with investors looking to form profitable connections with the next generation of game-changers in the unmanned systems industry. The competition’s five finalists^[4], Cuberg, Hionos, Horizon, Internest and PreVision will each have ten...

Landmark Information^[1] has announced the launch of a host of brand new features that enable architects, surveyors, developers, and other land and property professionals, to instantly view interactive data layers on the brand new Promap v2^[2], for free.

As part of a significant investment in its digital mapping and data platform, Landmark has introduced the free viewable data layers to provide Promap v2 users with the ability to instantly view flood risk data, commercial ownership information and land use designation data on top of a mapped view. This provides users with clear insight and intelligence when researching future or current projects, without any upfront cost.

Flooding Risk Data

Promap v2 users can view the Flood Zone 2, Flood Zone 3 and Surface Water flooding data from the Environment Agency and Natural Resources Wales, covering a 500-metre area. Multiple return periods are available to help show if the area in question is at low, medium or high risk of surface water flooding.  This provides architects, developers and surveyors with an early-warning-system as to whether a full Flood Risk Assessment is required on the site.

Corporate Ownership Data

Promap v2 users can now view ownership information for corporate owned properties or sites as a viewable layer on OS MasterMap within...

MONTREAL, April 24, 2019 — (PRNewswire) — With only 18 months left before world leaders meet in China to finalize an agreement to address biodiversity loss, reduce historic rates of wildlife extinction, mitigate the impacts of climate change, and protect the planet's last wild places, governmental and non-governmental entities from more than a dozen nations are uniting today and tomorrow in Montreal to push an ambitious global deal for nature.

Hosted by the Canadian government, the Nature Champions Summit will set the stage for October 2020 when policy-makers meet in Kunming, China at the Convention on Biological Diversity Conference of Parties to set global biodiversity policy for the next decade. The meeting is kicking off the day after Agence France-Presse^[1] (AFP) reported that the definitive study on the state of biodiversity, expected to be issued by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), will find that the loss of nature and the ongoing wildlife extinction crisis is even worse than previously known.

"The scientific community is clear on the matter: nations need to rapidly accelerate the pace and scale at which...

DENVER, April 12, 2019 — (PRNewswire) — Intermap Technologies has been awarded its first contract for its new, high-resolution aviation terrain dataset announced in December. An international drone operator which delivers medical supplies has signed a multi-year contract in which Intermap will deliver its new Lido/SurfaceData NEXTView terrain dataset to improve flight efficiency, navigation and safety. Intermap's location data will enable payloads to be delivered within a landing zone of less than 5-meters in remote environments, where mountainous geography and poor road conditions make an aerial delivery system most efficient.    

NEXTView, developed through a partnership with Lufthansa Systems GmbH & Co KG, provides unprecedented global situational awareness for aviation applications. NEXTView combines high-resolution terrain, obstacle, and aerodrome information into a single coherent and uniform global dataset with military-grade acuity. NEXTView will be certified to relevant industry standards and covers 100% of Earth's land area with 3-meter vertical accuracy.

The NEXTView product is one of a suite of elevation-related software solutions based on the Intermap's very successful NEXTMap® elevation terrain dataset. Intermap has been steadily building its portfolio of analytic solutions, including flood-risk mapping and telecommunications link planning, to expand into broader markets. According to Patrick Blott, Chairman and CEO, "NEXTView will help our customer shorten flight...

Waterloo, Canada – April 24, 2019 –Teledyne Optech, Teledyne DALSA and Teledyne Scientific & Imaging, all part of the Teledyne Imaging group, are pleased to announce their combined presence at the AUVSI Xponential 2019 show in Chicago, IL, April 29 - May 2. The three companies will showcase their new and advanced sensor and imaging solutions. 

New Compact Lidar Family from Teledyne Optech

Preview a new, lightweight, compact lidar platform for UAV deployment � the CL-90^[1] features exceptional canopy penetration, offering the lowest-noise, highest-quality survey grade data to deliver extraordinary performance in data accuracy and point precision. The CL-90 empowers full lidar performance across the entire operating altitude range of the UAV and offers an exclusive variable field-of-view capability eliminating the need for multiple passes over a target.

Advanced Thermal and Visible Cameras from Teledyne DALSA

Featuring the Genie™ Nano^[2] family of low cost area cameras, their lightweight, power-efficient and compact size make them ideal for Unmanned Aerial Vehicles (UAV) applications.   

The  Falcon™ 4^[3], 86 megapixel ultra-high resolution and high-speed CMOS camera offers unique, capabilities for large area, high resolution, high speed imaging.

The  Calibir™ series^[4], Long Wave Infrared (LWIR) cameras...

Calgary, AB April 24, 2019 - Solv3D, a leading provider of 3D processing, geospatial data visualization and collaboration tools announced that a number of new features have recently been released within SiteVisit360™ and 3DPointLogic™ along with a newly developed pricing model for the latter. 

“This release focuses on improving our user experience with both products.” says Kevin Miller, CTO.  “Changes to the measurements user interface as well as including the ability to perform 3D area measurements greatly improves the analytics users can perform with the data.  Within 3DPointLogic, we’ve also improved our automated processing speeds for getting the data ready for SiteVisit360. This means that users can quickly load data into the system and more readily share it with their clients or teams.”

SiteVisit360
Most notably for SiteVisit360 is the new Measurements interface and new measurement type.  The user will now experience a streamlined set of measurement tools, with better positioning and layout as to not affect the amount of real estate available within the extents of their scene. Also to this effect, the mini map can now be collapsed, allowing for cleaner screen captures and exports.

3DPointLogic
With an effective date of Friday April 26, 2019 a new pricing...

OTTAWA, Ontario, April 24, 2019 /PRNewswire-PRWeb/ -- Kongsberg Geospatial, an Ottawa-based geospatial technology company announced the release of IRIS UxS 2.0, an updated and enhanced version of their Fleet Control Station and Airspace Management System. IRIS UxS provides drone operators with enhanced airspace awareness, navigational tools, and deconfliction and air safety features for BVLOS operators, while providing airspace managers with an integrated airspace picture that consolidates data from a wide range of real-time data feeds and sensors.

The IRIS system was first developed as a prototype adapted from air defense technology, as a way of providing civilian drone operators with a safe way to conduct missions beyond visual line-of-sight (BVLOS). The first commercial version of the product appeared in 2017, with new features and capabilities being added over time.

The Kongsberg Geospatial IRIS UxS Fleet Control Station technology enables multiple drones to be monitored and controlled simultaneously by a single operator and provides real-time calculation of aircraft separation, airspace monitoring alerts and communications line-of-sight prediction to enable detect and avoid for safe BVLOS operations. IRIS UxS integrates a variety of real-time data feeds including ADS-B, local radar and National Airspace Feeds to calculate "detect and...

Stage set for 2020 when Commercial UAV Expo Europe takes place as part of Amsterdam Drone Week

AMSTERDAM THE NETHERLANDS, 23 April 2019 – The third annual Commercial UAV Expo Europe^[1], an international trade fair and conference focused on commercial drone integration and operation for large enterprise end-users and asset owners, was a tremendous success, according to event organizers and key stakeholders in the commercial UAS ecosystem. The event took place 8-10 April 2019 at the RAI Amsterdam. Attendance was 1,179, an increase of 72% over the 2018 event. In the Exhibition, more than 50 organizations showcased their drones, systems and services. The event was truly international, with 65 countries represented between attendees and exhibitors.

More than 100 publications, portals, analysts, associations, user groups and cooperating events supported the event.

“We had an excellent response to this year’s Commercial UAV Expo Europe,” said Lisa Murray, Group Director at Diversified Communications, the event organizer. “Attendees were thrilled by the opportunities to network, increase their knowledge, and compare and qualify best-in-class UAS. For their part, exhibitors noted the steep increase in attendance over the last edition as well as the quality and knowledge level of the...