L) is listed on AIM, a market operated by the London Stock
Exchange.
The rights offering by the Company will be conducted only pursuant to an
offering registered under the Securities Act of 1933, and this announcement of
the record date for the proposed rights offering does not constitute an offer
of any securities for sale. In order to perform its obligations under the NextView contract,
ORBIMAGE will fund its cost share for the project through a combination of an
equity offering of $65 million (as described above), an issuance of $155
million of senior subordinated indebtedness, and $45 million in cash flow from
existing operations.com.

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00) for a price per unit of $10. Louis facility.S.

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As a middle-sized, independent tire manufacturer, the best way to
implement this strategy has been to opt for a flat organizational structure . DULLES, Va.

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Vredestein is delighted with the way
INCAT approached and tackled our challenges , and with how INCAT has made us
capable of improving our competitive position in the market.
INCAT is headquartered in the UK (Bristol) and in North America (Detroit)
with offices in France , Mexico, Germany, Canada, Japan, Singapore and The
Netherlands. For further
information, visit the website: http://www.

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"It was very clear to us that our old way of working -- within a 2D
environment -- negatively influenced our competitive position. "In addition, we
interviewed all those working in the existing methodology to ensure that the
introduction of a new methodology, in combination with the new 3D tool, would
yield the success desired.
For more information about ORBIMAGE, please see our web site at
http://www.

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"Upon completion of the pilot , Vredestein Banden came to the decision to
fully deploy the INCAT methodology and recommended 3D software solution,"
Kalkman said. It is perfectly geared to
the complex task of producing an incredibly wide range of tires on one site.
(Pink Sheets: ORBM) announced today that the record date for its previously
announced rights offering to its shareholders will be February 10, 2005.

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If the rights
offering is not fully subscribed by shareholders, these private investors have
agreed in the definitive agreements to backstop the rights offering.

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"We started with a discovery, to assess the existing methods and
resources, and to analyze Vredestein's current way of working," said Tom
Kalkman, INCAT Managing Director - The Netherlands.
Decisions can be taken quickly and reliably , and enable an even faster
development of original products.

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25 million investment units (each unit consisting
of one share of common stock and one five year warrant to purchase a share of
common stock at $10. As previously announced, ORBIMAGE entered into definitive agreements
with a group of investors pursuant to which those investors purchased 3. The company is currently
building a next-generation satellite, OrbView-5, which it plans to have in
operation early in 2007.

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"Our intended goals were achieved," said Gerritsen.newscom.

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We, therefore,
were seeking a reliable partner who fully understood our problems and
possessed specific and extensive expertise to guide us to a better and faster
way of working. Vredestein's
strategy is crystal clear: to produce tires with an optimal price-quality
ratio. ORBIMAGE also produces value-added imagery products and
advanced photogrammetric engineering services at its St.

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The
company distributes its products directly to the U.

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INCAT employs more than 700 people, and has more than 2,000
clients worldwide including Airbus, AugustaWestland, BAE Systems, Boeing,
DaimlerChrysler, Ford, Honda, Joy Mining and Northrop Grumman.

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"

About INCAT
INCAT (RIC: ICN.
As previously announced , the Company estimates that its total project cost
(including financing and launch insurance costs ) to bring the OrbView-5
satellite into service in the first quarter of 2007 will be approximately $502
million. Commercial sales are handled
through a worldwide network of value-added resellers , regional distributors,
sales agents, and select strategic partners.

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General tooling costs reduced by 25 percent

LONDON, DETROIT, and AMSTERDAM, Netherlands,
INCAT announced today that its operation in The Netherlands has entered into
an engagement with tire manufacturer Vredestein Banden there that has helped
that organization realize a 50 percent reduction in time to market through
more efficient development of molds and a reduction, by 25 percent, of general
tooling costs. "The time we needed
to develop a new product line was reduced by 50 percent and we realized a
cost-savings in our general tooling.

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In INCAT, we have found that partner," said Robert Gerritsen,
Vredestein Banden Senior Project Engineer - Molds."
On the strength and accuracy of its initial discovery analysis, the INCAT
team was able to launch a pilot tire mold development project that
demonstrated immediate cost- and time-savings to Vredestein Banden, according
to Kalkman.
(Logo: http://www. In addition to the high-
resolution OrbView-3 satellite, ORBIMAGE operates the OrbView-2 ocean and land
multispectral imaging satellite and the SeaStar Fisheries Information Service,
which provides maps derived from essential oceanographic information to aid in
commercial fishing.

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V.orbimage.

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incat.com

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, ORBIMAGE Inc.25
million investment units for $10.

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INCAT Helps Cut Vredestein Banden Time to Market by 50 Percent

00 per unit in a private sale.

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officiates kph

: A special company with a unique combination of
independence, market-orientation, creativity and flexibility .25 million units in the rights offering will represent
the second tranche of equity financing for the NextView satellite project that
was awarded to ORBIMAGE by the National Geospatial-Intelligence Agency
("NGA"). government for national
security and related mapping applications.

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Founded in 1989, INCAT is an international provider of software
services and solutions focused on Product Lifecycle Management (PLM),
principally to the automotive, aerospace and durable goods manufacturing
industries .
http://www.

ORBIMAGE Announces Record Date for Rights Offering

Holders of the Company's common stock on the record date will receive rights
to purchase in aggregate 3.00.

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Vredestein Banden representatives attribute the improvements to INCAT's
expertise in working methodology and process development, along with the
introduction of a new 3D software application -- CATIA(R) V5 from Dassault
Systemes. PLM seeks to improve a manufacturing company's product
development processes and its ability to use product-related information to
make better business decisions and deliver better products to its clients.
Thanks to heavy investment over the recent years, the production equipment
in the Enschede-based premises is state-of-the-art.

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com

About Vredestein Banden
Vredestein Banden B.vredestein.com/cgi-bin/prnh/20040930/DCTH068LOGO-a )
The sale of the 3.

About ORBIMAGE:
ORBIMAGE is a leading global provider of Earth imagery products and
services, with digital remote sensing satellites and an integrated worldwide
image receiving, processing and distribution network.

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