DMTI Spatial Inc. Celebrates 15 Years of Success with Another Year of Growth
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DMTI Spatial Inc. Celebrates 15 Years of Success with Another Year of Growth

MARKHAM, ONTARIO -- (MARKET WIRE) -- Nov 26, 2009 -- DMTI Spatial Inc. (DMTI), Canada's leading provider of Location Intelligence solutions, celebrated its 15th year of business with another year of growth in fiscal 2009. Despite a lagging economy, DMTI saw a renewal rate of 95% from its existing customer base. DMTI added 13 new enterprise clients primarily in Insurance, Internet, and Telecommunications. In addition, DMTI saw stable ongoing business in the B2B areas Navigation, Utilities and Public Safety.

DMTI's new geographic content product suite of Location Content Cartridges (LCC), which are available in 6 configurations (including Customer Intelligence, Exploration & Mapping, Risk & Profit, Search & Discovery, Security & Services and Telecommunications Management) was one of two major contributing factors to this success. Location Hub®, DMTI's master address management solution which has quickly become DMTI's key revenue driver, with nine new enterprise clients in 2009, was the other additional contributing factor in this year's growth.

"What Location Hub does, is authenticate existing address records, expose the addresses that are missing, and then it tells the organization a ton of valuable information about what's in proximity to that location," stated Ronan McGrath, former President Shared Operations and CIO of Rogers Communications. "On top of that, it provides the ongoing management and governance of the address information making it an ideal enhancement for any master data management initiative."

"Our 2009 fiscal year was a good accomplishment in a challenging economy. We continued to invest significantly in building our product offering to solve significant business problems for our clients. In 2009, we invested 30% of our revenue directly back into research and development. In 2010 we expect to see strong growth resulting from the next release of our Location Hub software and the integration of that solution with DMTI location datasets, customer information and many third party location data sources," stated Alex MacKay, CEO, DMTI Spatial. "The ability to add significant value to our clients gets stronger and stronger as we expose the power of Location Intelligence to their existing business processes. I think we are becoming well known in the market as "location geeks" who understand how to help organizations simply translate Location Intelligence into business value."

About DMTI Spatial Inc.

DMTI 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 market leading Mapping Solutions and maintains the gold standard for GIS location-based data in Canada.

Contacts:
DMTI Spatial Inc.
Christine Gemmell
Senior Marketing Manager
Toll Free: 1-877-477-3684 x2026

Email Contact

www.dmtispatial.com