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Federal COMET grant gives stellar view of the ACT.



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Ian Macfarlane MP

Press Release

12 November 2003

FEDERAL COMET GRANT GIVES STELLAR VIEW OF ACT

Innovative ACT company Earthinsite.com is looking at ‘the big picture’ with the development of a new program that offers viewers a digital internet image of a particular house in any street.

Federal Industry Minister Ian Macfarlane today congratulated the company on the launch of its new product, City2See, which was brought to market with the assistance of a $38,400 Commercialising Emerging Technologies (COMET) grant from the Australian Government.

“This will be of a real interest and benefit to many different sections of the community. The real estate industry, particularly buyers, will now be able to view, download and print out an image of a neighbourhood or location with block and section details to use with sales in the area,” Mr Macfarlane said.

“Education authorities can use it in classrooms to help students gain a better understanding of their environs. While the general public can obtain snapshots of their neighbourhood to send to family and friends overseas,” he said.

The City2See product gives viewers digital images, on the internet, of specific streets and suburbs with the option of obtaining a low resolution print out or buying a higher resolution version.

Earthinsite used its COMET grant to support the strategic planning and market research that has seen City2See launched as a commercial reality today.

“Earthinsite.com is one of 17 ACT companies which have been granted COMET funding totalling almost $1 million to help bring their products and ideas to market. COMET is all about converting good ideas into marketable products or services,” said Mr Macfarlane.

Other ACT companies to have received COMET funding include: • ITL Ltd who received a $56,000 grant to assist in raising venture capital to further develop its range of medical devices to prevent needlestick injuries;

• Orbtek Pty Ltd, who were awarded $44,000 for developing a soil management plan;

• QX Corporation Pty Ltd, who received $80,000 to commercialise software that allows a CD to provide precise instruction about location in regard to direction and time.

Media contact: Kirsty Boazman, 0412 171 444 or 02 62777 580 AusIndustry Contact: Chris Butler, 02 6213 7324 or 0411 130 677