DULLES, Va., June 3 /PRNewswire-FirstCall/ -- GeoEye, Inc. (NASDAQ: GEOY), a premier provider of satellite, aerial and geospatial information, announced today the appointment of Joseph F. Greeves to the position of Executive Vice President and Chief Financial Officer. Mr. Greeves will be primarily responsible for the overall management and direction of GeoEye's financial planning, corporate finance, accounting, fiscal reporting, and public company disclosure requirements.

Mr. Greeves has a strong public accounting background with more than 20 years experience as a Chief Financial Officer. During his career, he has served as Chief Financial Officer for four publicly traded companies, where he focused on working with entrepreneurs and management teams to successfully build businesses, raise capital, and grow shareholder value.

Prior to joining GeoEye, Mr. Greeves served for almost seven years as Executive Vice President and Chief Financial Officer of Managed Object Solutions Inc. where he worked with the CEO to build the business, grow the worldwide sales organization and led its capital raising and merger and acquisition programs. Managed Objects sold IT visualization software to commercial and government customers and was acquired by Novell in the fall of 2008. Before joining Managed Objects, he consulted for Lazard Technology Partners as its CFO Executive in Residence. Prior to that, Mr. Greeves was Senior Vice President and Chief Financial Officer for OPNET Technologies Inc., a high-tech software development and consulting services business. During his three-year tenure with OPNET, Mr. Greeves led the company through its Initial Public Offering creating over $400 million in market capitalization. Prior to that, he served as the Chief Financial Officer for Fusion Systems Corporation and Ogden Environmental and Energy Services Co., a division of Ogden Corporation. Mr. Greeves graduated from the University of Maryland, is a Certified Public Accountant and began his career as an audit manager at Touche' Ross & Co. (now known as Deloitte & Touche').

Matt O'Connell, GeoEye's Chief Executive Officer, said, "Joe brings a wealth of financial and accounting expertise to our executive management team. His lengthy experience serving as a CFO in high-tech companies and his training at Touche' Ross & Co. will add the leadership we need in the accounting area. Joe's experience in various industries relevant to GeoEye, such as visualization software and experience in international and government sales will be very helpful as GeoEye develops location-based information services for our customers. We also look to Joe to step up our investor relations activities."

About GeoEye

GeoEye's products and services enable timely, accurate, and accessible location intelligence. The company is recognized as one of the geospatial industry's most trusted imagery experts, delivering reliable service and exceptional quality imagery products and solutions to customers around the world. GeoEye has developed an advanced information technology infrastructure for collecting, receiving, processing and distributing imagery information products and processing services to the U.S. Government including the national security community as well as international governments and commercial customers. These products serve applications including defense and intelligence, precision mapping, on-line mapping, infrastructure development, planning and monitoring, and environmental assessment. The company collects tens of millions of square kilometers of imagery per year with its existing satellites and aerial assets, which includes GeoEye-1, the world's highest resolution commercial imaging satellite. The company also provides support to academic institutions and non-governmental organizations through the GeoEye Foundation ( http://www.geoeyefoundation.org). Headquartered in Dulles, Virginia, GeoEye is a public company listed on the NASDAQ stock exchange under the symbol GEOY. It maintains a comprehensive Quality Management System (QMS) and has achieved company-wide ISO accreditation. For more information, visit http://www.geoeye.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Securities Exchange Act of 1934, as amended. Statements including words such as "anticipate", "believe", or "expect" and statements in the future tense are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. GeoEye's actual financial and operational results could differ materially from those anticipated. Additional information regarding these risk factors and uncertainties is described more fully in the Company's SEC filings. A copy of all SEC filings may be obtained from the SEC's EDGAR web site, http://www.sec.gov/, or by contacting: William L. Warren, Senior Vice President, General Counsel and Secretary, at 703-480-5672.

Web site: http://www.geoeye.com/