GISFocus-Group Acquires KORDAB International AB

April 26, 2006 -- Today, GISFocus group announced the acquisition of KORDAB International AB. Through this acquisition current and new customers will have large benefits through standards-based and sustainable solutions combined with a broad development and market experience. KORDAB’s products will be able to benefit from the rich GIS functionality of ESRI’s ArcGIS products which means that KORDAB can focus on improving its customer solutions. Long term this means more cost effective solutions.

The GISFocus-group, mother company of ESRI Sweden, ESRI Finland, LandFocus and Meldis, provides solutions for improving organizations’ effectiveness with GIS software which supports operations, planning, and better decisions. GISFocus is today’s leading provider of GIS solutions in Sweden and the acquisition of KORDAB is a part of the group’s growth strategy.

KORDAB International, with the product GEOSECMA, is the leading provider of information systems for planning and facility management for local government in Sweden but also with a market position in Poland and Lithuania. GEOSECMA compliments very well the product portfolio of the GISFocus-group.

”KORDAB makes a strong addition to our business and with a total group turn-over of over 21 million Euro we become a very strong player not only in Sweden but also in the Baltic region” says Rickard Zetterberg, CEO of the GISFocus-group, and continues ”KORDAB has a very impressive history with customers and staff, which we respect very much.”

”I see this as a very important step in being able to offer our customers the markets strongest and broadest product portfolio” says Bengt Persson, founder of KORDAB. ”Our staff will continue with different projects in the new organization and really look forward to the new increased possibilities.”

”For ESRI users, especially in local government, joining forces with KORDAB means a strengthening in domain and market knowledge” says Per Carlsson, President of ESRI Sweden. ”Furthermore we secure past and future investments through an increased integration of KORDAB’s and ESRI’s products. Today we have together over 80% of all of Swedens local governments as customers.”

”For KORDAB’s customers in Sweden, Poland and Lithuania the joining of forces means a strong supplement and better GIS tools” says Hans-Göran Wilhemsson, CEO of KORDAB. ”It will be exciting to work with the leading provider of GIS as it allows us to take a big step forward and provide solutions for the smallest city scalable to complete enterprise solutions for large organisations.”

About the GISFocus-group

The GISFocus-group, has since 1984 focused on providing solutions for improving organizations efficiency where location matters. The group consists of:
  • ESRI Sweden & ESRI Finland, distributors of software of ESRI Inc. and of Leica Geosystems and Safe Software (FME).
  • LandFocus , offering GIS consultancy services and custom solutions. LandFocus has a broad customer base within the private as well as the public sector.
  • Meldis AB provides applications for facilitiy management with customers like GTMvle Energy, Umeå Energy, Fortum & Stockholm water.
  • The GISFocus Group has offices in GTMvle, Falun, Ljusdal, Stockholm and Malmö.
For additional information www.gisfocus.se

About ESRI Sweden

ESRI Sweden is part of the GISFocus group, with offices in Falun, GTMvle, Stockholm and Malmö. The company is specialized in software providing geographical advantage (GIS) from ESRI and also from Leica Geosystems and Safe software (FME). ESRI’s products are used by over 20,000 Swedish users.

For additional information www.esri-sweden.com.

About KORDAB International

KORDAB International AB started its operations in 1985. Today KORDAB is the market leader in Sweden for information systems for local government planning and facility management. In addition it has a market position in Poland and Lithuania. KORDAB has its headquarter in Karlskrona and offices in Eskilstuna, Stockholm and VTMxjö. For additional information www.kordab.se.

For additional information contact:

Hans-Göran Wilhelmsson, CEO
KORDAB
Mobile: +46 736-84 56 02
E-mail: Email Contact

Rickard Zetterberg, CEO
GISFocus
Mobile: +46 73-988 55 55
E-mail: Email Contact



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