Athens, November 24, 2010
PRESS RELEASE
Signing of Memorandum for a Programmatic Agreement with the Cadastral of Cyprus.
The following announcement was issued by the Department of Communication and Public Relations of Ktimatologio S.A.:
A Memorandum for a Programmatic Agreement was signed today between the Department of Lands and Surveys of Cyprus and Ktimatologio S.A., at the Company\'s headquarters.
The memorandum was signed by the Director of the Cyprus Cadastral Mr Andreas Christodoulou and the President and Managing Director of Ktimatologio S.A., Prof. Apostolos Arvanitis.
By this agreement the two bodies are getting into a regular collaboration regarding scientific, technical and legal issues of common interest, capitalizing on each other’s considerable expertise, ultimately aiming at the improvement of the functioning of both bodies and the further development of their task.
Specifically, the cooperation of the two bodies will be mainly based on a continuous, two-way exchange of know-how particularly on Geoinformatics and the upgrading of existing technical infrastructure and land information systems - from the part of Ktimatologio S.A. - as well as specialized issues on cadastral functioning procedure - from the part of the Cypriot side.
Moreover, the agreement provides for the implementation of joint research and technology projects, and the exchange of expert executives at the headquarters of the two bodies. The results of this cooperation will be later presented at scientific conferences or specialized seminars in new tecnologies, which will be held for that purpose.