Friday, November 4, 2011

GeoEye...Moving On Up - GeoEye High Resolution Imagery Featured in SatNews Article

GeoEye, Inc. (NASDAQ: GEOY) has appointed General Michael P. C. Carns (retired USAF) to serve on its board of directors. He joins nine other board members. General Carns has been appointed as the board representative of Cerberus Capital Management, L.P. GeoEye partnered with Cerberus, which provided financing support of the Company's bid on the National Geospatial-Intelligence Agency's (NGA's) EnhancedView program.


Lieutenant General James A. Abrahamson (retired USAF), GeoEye's chairman of the Board of Directors, said, "We are pleased to welcome General Carns to GeoEye's board. His leadership qualities, business acumen and broad military background will be valuable to GeoEye as we navigate the next phase of the Company's growth." In 1991, General Carns became vice chief of Staff of the United States Air Force, the position he held until his retirement in 1994. During his Air Force career, he served four tours of duty in Europe and four tours in the Pacific. During the Vietnam War, he flew 200 combat missions in the F-4 fighter and was awarded the Silver Star, the nation's third highest combat decoration for valor. After his retirement from the United States Air Force, he served as the managing director of a small healthcare firm for one year. After that, he founded a Wall Street policy research firm specializing in Pacific Rim security, international capital flows and international energy issues. Currently, General Carns serves on a number of Department of Defense advisory panels, boards and task forces. He is also on the board of directors for a number of corporations and consults for various businesses, including a number of technology start-ups. General Carns is a graduate of the United States Air Force Academy in Colorado; the Harvard Business School in Massachusetts, with Distinction; and the Royal College of Defense Studies in London, England.


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