DigitalGlobe Accepts Unsolicited Offer for a New Location

DigitalGlobe Accepts Unsolicited Offer for a New Location 
Global Leader in Geospatial Information Will Relocate Headquarters to
Westminster, Colorado 
LONGMONT, CO -- (Marketwired) -- 10/16/13 --  DigitalGlobe (NYSE:
DGI), a leading provider of commercial high-resolution earth
observation and advanced geospatial solutions, today announced that
it has finalized a lease for a new headquarters location in
Westminster, Colo. 
In early September, shortly after DigitalGlobe announced that it had
entered into a non-binding letter of intent with a developer for a
new headquarters in Broomfield, Colo., it received an unsolicited
offer to lease a building near I-25 and 120th Ave. in Westminster,
Colo. After a comprehensive financial review and discussions with its
real estate advisor Cresa Denver, DigitalGlobe undertook a thorough
due diligence process, including a rev
iew of engineering, security,
adaptability and space-utilization considerations resulting in the
execution of a 15-year term lease.  
"Although this was an unexpected series of events, once we determined
the potential of this opportunity we moved diligently and quickly to
finalize a lease that secures the best interests of our company, team
members, customers and shareowners," said Jeffrey R. Tarr, President
and Chief Executive Officer of DigitalGlobe. "DigitalGlobe believes
this decision is a win for the state of Colorado, allowing for
flexible business growth for the company and future high-tech jobs
for the northern Denver corridor." 
Several benefits factored into DigitalGlobe's decision to sign the
lease. The building in Westminster allows DigitalGlobe to move with
less disruption to its employees and complex operations. The building
already has in place much of the infrastructure and physical security
required by the company and will require less capital investment to
be fully adapted to the company's current and long-term business
needs. Colorado-based employees are expected to relocate to the new
campus in Westminster in the summer of 2015. 
"We regret any disappointment to the cities and partners associated
with our previous announcement. We could not have anticipated this
change in our relocation plans but are pleased with the benefits the
Westminster facility offers," said Tarr. 
DigitalGlobe expects to maintain a footprint in the current Longmont
location for a period of time after the move to Westminster. In
addition, DigitalGlobe will continue to maintain a significant
presence in other offices around the world, including Herndon, Va.,
Tampa, Fla., London and Singapore among others.  
About DigitalGlobe
 DigitalGlobe is a leading provider of commercial
high-resolution earth observation and advanced geospatial solutions
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 defense and intelligence, public
safety, civil agencies, map making and analysis, environmental
monitoring, oil and gas exploration, infrastructure management,
navigation technology, and providers of location-based services
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; 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. 
Media Contact
Katie Nafius
Edelman for DigitalGlobe
Phone: (512) 634-3659
Email: digitalglobe@edelman.com  
Nancy Coleman
Senior Director of Communication
Phone: (303) 684-1674 
Email: nancy.coleman@digitalglobe.com  
Investor Relations Conta
ct
David Banks
Vice President of Investor Relations
Phone: (303) 684-4210
Email: ir@digitalglobe.com 
 
 
Press spacebar to pause and continue. Press esc to stop.