GeoEye-1 Satellite Launches Into Space From Vandenberg AFB (Forwarded)

GeoEye, Inc.

CONTACT:
Mark Brender, GeoEye
+1-703-629-5368
or
Amy Estes, LeGrand Hart
+1-303-298-8470, ext. 218

Sept. 6, 2008

GeoEye-1 Satellite Launches Into Space From Vandenberg Air Force Base,
California

DULLES, Va. -- GeoEye, Inc., a premier provider of satellite, aerial and
geospatial information, announced today the successful launch and deployment
of GeoEye-1, the world's highest resolution, commercial Earth-imaging
satellite.

GeoEye's ground station in Norway relayed the downlink signal it received
from GeoEye-1 confirming that the satellite successfully separated from the
second stage of the launch vehicle and began automatically initializing its
onboard systems.

Bill Schuster, GeoEye chief operating officer, said, "Based upon the data we
saw, the satellite is performing properly and ready to begin the next phase
towards meeting its mission requirements." GeoEye-1 will now undergo a
calibration and check-out period before imagery products will be available
for sale.

Matthew O'Connell, GeoEye chief executive officer, said, "Later this fall,
we will start providing high-resolution color imagery of the Earth from our
newest satellite to customers around the globe. The imagery from GeoEye-1
adds to the quantity and quality of that currently provided by our IKONOS
satellite, and together this magnificent constellation will enable us to
meet world-wide customer demand."

O'Connell added, "This launch, and our important relationship with the
National Geospatial-Intelligence Agency (NGA), shows how public-private
partnerships can be successful for the collection of broad areas of the
Earth. And all our customers can be assured of continued access to quality
products and first-class customer service."

GeoEye-1 is part of the NGA NextView program. The NextView program is
designed to ensure that the NGA has access to commercial imagery in support
of its mission to provide timely, relevant and accurate geospatial
intelligence in support of national security. GeoEye won its $500-million
NextView contract in September 2004 and was able to build and launch
GeoEye-1 without any contract cost overruns in less than four years after
contract award.

GeoEye-1 will simultaneously collect 0.41-meter ground resolution
black-and-white (panchromatic) images and 1.65-meter color (multispectral)
images. Designed to take digital images of the Earth from 423 miles (681
kilometers) and moving at a speed of about four-and-a-half miles (seven
kilometers) per second, the satellite camera can distinguish objects on the
Earth's surface as small as 0.41-meter or 16 inches in size. Due to U.S.
licensing restrictions, commercial customers will get access to imagery at
half-meter ground resolution.

GeoEye-1 was built by General Dynamics Advanced Information Systems in
Gilbert, Ariz. The imaging system was built by ITT in Rochester, NY. ITT is
also building the imaging system for GeoEye-2 slated for launch in 2011. The
4310-pound satellite was launched at 11:50 a.m. PDT [1850 UTC] on a United
Launch Alliance Delta II rocket from Vandenberg Air Force Base in
California. The launch of GeoEye-1 marks the 83rd consecutive successful
launch of the Delta II rocket.

About GeoEye

GeoEye is the premier provider of geospatial information for the national
security community, strategic partners, resellers and commercial customers
to help them better map, measure and monitor the world. The Company is
recognized as the industry's trusted imagery expert for delivering reliable
service and the exceptional quality of its imagery products and solutions.
It operates a constellation of Earth imaging satellites, mapping aircraft
and has an international network of ground stations, a robust imagery
archive, and advanced imagery processing capabilities for developing
innovative geospatial products and solutions. The Company also provides
support to academic institutions and non-governmental organizations through
the GeoEye Foundation. 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.