Markham, ON Canada – October 15, 2007 -- DMTI Spatial (DMTI), a leading provider of Location Intelligence for the enterprise, announced record revenues and financial results for its fiscal year ending September 30, 2007. Record revenue was achieved as a result of strong customer loyalty from clients such as MTS Allstream, Pizza Pizza, The Weather Network, and Home Depot of Canada; as well as revenue growth from new clients in the Communications and Insurance sectors.
DMTI’s industry specific data solutions continued to be key drivers of growth throughout the year. Introduced just over a year ago, the new Media and Distribution solution experienced 100% growth and the Oil & Gas industry solution gained momentum with clients in Western Canada. In 2008, DMTI plans to introduce more industry specific solutions to support organizations advancing their use of Location Intelligence in profit centers and operational areas. Solutions will also align and support consumer markets where growth continues to be extremely strong.
According to Alex MacKay, CEO for DMTI Spatial, “We are pleased with the results, especially as they reflected strong growth in both our traditional CanMap® product line as well as our new Location Hub location intelligence solution for the Enterprise. CanMap has always been a strong revenue producer for the company and continues in that tradition as the gold standard for geographic data in Canada. Location Hub is being recognized by leaders in location intelligence to have a strategic impact on profit generation for the Enterprise. Both offerings will continue to drive strong, recurring revenues as we continue to deliver location innovation to our customers. The future for DMTI Spatial is solid.”
Location intelligence solutions from DMTI Spatial address a multitude of business issues including: Enterprise Data Management, Address Management, Customer Serviceability, Risk Identification and enhanced Regulatory Compliance and Reporting.
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About DMTI Spatial -
DMTI Spatial has been providing industry leading enterprise location intelligence solutions for more than a decade to Global 2000 companies and government agencies. DMTI’s world-class Location Hub platform uniquely identifies, validates and maintains a universe of location-based data. DMTI is the creator of the CanMap suite of geospatial data products, including CanMap® Streets and RouteLogistics, the gold standard for location data in Canada. DMTI also provides professional services and software tools bringing full solutions to the marketplace. For more information about Location Intelligence see:
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