MapInfo Reports Fourth Quarter Non-GAAP EPS of $0.18, GAAP EPS of $0.13 on Revenues of $43.1 Million

                 MapInfo Corporation and Subsidiaries
                          Income Statements
                (in thousands, except per share data)
                             (unaudited)


                                  Three Months         Fiscal Year
                               Ended September 30, Ended September 30,
                               ------------------- -------------------
                                 2006      2005      2006      2005
                               ---------- -------- --------- ---------

Net revenues:
 Products                      $  31,765  $30,742  $122,100  $115,504
 Services                         11,371    9,561    43,395    33,920
                               ---------- -------- --------- ---------
  Total net revenues              43,136   40,303   165,495   149,424
                               ---------- -------- --------- ---------

Cost of revenues:
 Products                          5,108    5,467    21,788    22,795
 Services                          7,378    6,084    28,125    21,411
                               ---------- -------- --------- ---------
Total cost of revenues            12,486   11,551    49,913    44,206
                               ---------- -------- --------- ---------
   Gross profit                   30,650   28,752   115,582   105,218
                               ---------- -------- --------- ---------


Operating expenses:
 Research and development          6,912    6,208    26,102    23,742
 Selling and marketing            14,576   12,718    55,087    48,494
 General and administrative        5,154    5,329    21,121    17,280
                               ---------- -------- --------- ---------
  Total operating expenses        26,642   24,255   102,310    89,516
                               ---------- -------- --------- ---------
  Operating income                 4,008    4,497    13,272    15,702

Interest income                      859      589     3,154     1,881
Interest expense                    (221)    (303)   (1,065)   (1,182)
Other income (expense), net         (253)     367      (703)   (1,514)
                               ---------- -------- --------- ---------
  Interest and other income
   (expense), net                    385      653     1,386      (815)
                               ---------- -------- --------- ---------
  Income before income taxes       4,393    5,150    14,658    14,887
Provisions for income taxes        1,548    1,233     4,997     4,652
                               ---------- -------- --------- ---------
Net income                     $   2,845  $ 3,917  $  9,661  $ 10,235
                               ========== ======== ========= =========

Earnings per share             $    0.13  $  0.18  $   0.44  $   0.48

Average shares outstanding        21,941   21,277    21,785    21,148

                 MapInfo Corporation and Subsidiaries
            Reconciliation of GAAP to NON-GAAP Net Income
                (in thousands, except per share data)

                                Three months ended Twelve months ended
                                  September 30,       September 30,
                                ------------------ -------------------
                                                              2006            2005          2006            2005
                                                                ------------------  -------------------

GAAP  Operating  income                      $    4,008    $  4,497    $  13,272    $  15,702
Stock-based  compensation
  expense  under  SFAS  123(R)                      802                -          3,478                  -
EMEA  severance  cost                                    770                -          1,086                  -
                                                                ------------------  -------------------

Non-GAAP  Operating  income              $    5,580    $  4,497    $  17,836    $  15,702
                                                                ==================  ===================





GAAP  Net  income                                  $    2,845    $  3,917    $    9,661    $  10,235

Stock-based  compensation
  expense  under  SFAS  123(R)                      802                -          3,478                  -
EMEA  severance  cost                                    770                -          1,086                  -
Income  tax  benefit                                    (364)              -        (1,288)                -
                                                                ------------------  -------------------
Non-GAAP  Net  income                          $    4,053    $  3,917    $  12,937    $  10,235
                                                                ==================  ===================





GAAP  Earnings  per  share                  $      0.13    $    0.18    $      0.44    $      0.48

Stock-based  compensation
  expense  under  SFAS  123(R)
    effect  on  earnings  per  share            0.03                -            0.12                  -
EMEA  severance  cost  effect  on
  earnings  per  share                                  0.02                -            0.03                  -
                                                                ------------------  -------------------
Non-GAAP  Earnings  per  share          $      0.18    $    0.18    $      0.59    $      0.48
                                                                ==================  ===================
 


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