DULLES, Va., Aug. 29  -- GeoEye, Inc. (NASDAQ: GEOY),
a premier provider of satellite, aerial and geospatial information, announced
today the launch of the world's highest resolution, commercial Earth-imaging
satellite is scheduled for Sept. 4, 2008, from Space Launch Complex-2 at
Vandenberg Air Force Base (VAFB), California. The planned launch time is
11:50:57 a.m. PDT (2:50:57 p.m. EDT). A Flight Readiness Review was conducted
on Aug. 28 and the launch vehicle, launch range, the GeoEye-1 satellite, and
all other program elements are ready for launch.

GeoEye-1 will be lifted into a near-polar orbit by a 12-story-tall United
Launch Alliance Delta II 7420-10 configuration launch vehicle.  The launch
vehicle and associate support services were procured by Boeing Launch
Services. The GeoEye-1 satellite is expected to deploy the spacecraft
approximately 58 minutes after liftoff and will reach its proper orbit about
90 minutes after launch. In order to achieve the proper orbit, the launch
window will only be open for 84 seconds. Once in orbit, GeoEye-1 will undergo
system calibration and testing. The company expects to offer imagery and
products to customers in the mid- to late-October timeframe.

The GeoEye-1 Satellite

GeoEye-1, designed and built by General Dynamics Advanced Information
Systems, is the world's highest resolution commercial imaging satellite.
Designed to take color images of the Earth from 423 miles (681 kilometers) in
space and moving at a speed of about four-and-a-half miles (seven kilometers)
per second, the satellite will make 15 earth orbits per day and collect
imagery with its ITT-built imaging system that can distinguish objects on the
Earth's surface as small as 0.41-meters (16 inches) in size in the
panchromatic (black and white) mode. The 4,300-pound satellite will also be
able to collect multispectral or color imagery at 1.65-meter ground
resolution. While the satellite will be able to collect imagery at
0.41-meters, GeoEye's operating license from NOAA requires re-sampling the
imagery to half-meter resolution for all customers not explicitly granted a
waiver by the U.S. Government.

The satellite will be able to see an object the size of home plate on a
baseball diamond but also map the location of an object that size to within
about nine feet (three meters) of its true location on the surface of the
Earth without need for ground control points. Together, GeoEye's IKONOS and
GeoEye-1 satellites can collect almost one million square kilometers of
imagery per day.

With the ability to revisit any location on the globe every three days, and
at lesser resolution more frequently, GeoEye-1 will enable customers to
receive imagery updates on a regular basis and is ideal for large-scale
mapping projects. This capability will benefit a broad array of industries
including national defense and intelligence, online mapping, state and local
governments, environmental monitoring and land use management, oil and gas,
utilities, disaster management, insurance and others.

Media Attending the Launch on Sept. 4, 2008

Media interested in attending the launch itself must call the 30th Space Wing
at the VAFB Public Affairs Office at (805) 606-3595. Questions concerning VAFB
launch operations, range safety and weather conditions should be addressed to
the 30th Space Wing. Media photographers wishing to place remote cameras at
the launch pad should register with Mike Rein of the United Launch Alliance
at 321-693-6250 and meet at the VAFB Main Gate by 1:00 p.m. PDT on Sept. 3.
On Sept. 4, media attending the launch must meet at the VAFB Main Gate by
10:30 a.m. PDT.

'Live' Launch Video Feed

A 'live' switched video feed taken from Air Force range cameras will be
uplinked to a transmission satellite beginning at about 11:00 a.m. PDT on
Sept. 4 with bars and tone. The feed will continue until about one hour after
launch or until the satellite has successfully separated from the Delta II.

Satellite transponder and other information needed to downlink the video feed
include:

      Satellite:  AMC-1 C17
      Orbital Location: 103 Degrees West
      Uplink Frequency: 6265 MHz Vertical
      Downlink Frequency: 4040 MHz Horizontal
      Audio: 6.2 and 6.8

A one-hour test signal will be broadcast Wednesday, Sept. 3 from VAFB
beginning at 1:00 p.m. PDT. The test will include bars, tone and an
identifying slate. Prior to the scheduled test media should verify their
receiving equipment is capable of receiving C band signals and AMC-1 C17. For
additional information on the satellite uplink, contact Boeing Launch Services
at (321) 264-8580 or cell (321) 466-4970.

Segments of GeoEye's corporate b-roll will be fed to the transmission
satellite before and after launch.

Watch 'Live' on the Internet

The launch video and commentary will be streamed 'live' over the Internet
beginning at about 11:15 a.m. (PDT) after feeding 15 minutes of bars and
tone. The live Web broadcast can be accessed by visiting the GeoEye Web site
(http://www.geoeye.com/) or by going directly to http://launch.geoeye.com/.
Boeing's webcast of the launch may be found at:
http://www.boeing.com/defense-space/space/bls/missions/335/.

Contacting Public Affairs

GeoEye's Mark Brender (Vice President, Communications and Marketing) can be
reached by leaving a voice mail message at (703) 480-9562 or cell at (703)
629-5368. Val Webb (Manager, Corporate Communications) can be reached by
leaving a voice mail message at (303) 254-2120 or cell at (303) 242-6777.
LeGrand Hart Public Relations point of contact is Amy Estes at (303)
298-8470, ext. 218 or cell at (917) 536-6664.

Questions concerning the Boeing Launch Service commercial launch of GeoEye-1
should be addressed to Susan Wells, (Communications Manager), at (321)
264-8580 or cell (321) 466-4970 or regarding the United Launch Alliance Delta
II vehicle contact Michael Rein (Boeing Sr. Communications Manager) at (321)
730-5646 or cell (321) 693-6250.

General information about launch status may also be obtained by calling one
of three information hotlines:

  30th Space Wing (VAFB):  (850) 606-1857
  Boeing Launch Services:  (714) 896-4770
  United Launch Alliance (ULA):  (877) 852-4321

  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/.