DMTI Spatial's Customer Focused Approach Reaps Rewards as Company Announces Record Revenues for Second Year in a Row

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Thu Oct 23, 2008 10:27am EDT

  MARKHAM, ONTARIO, Oct 23 (MARKET WIRE) -- 
DMTI Spatial (DMTI), Canada's leading provider of Location Intelligence
solutions, has announced record financial performance for its fiscal year
ending September 30, 2008. Revenue was up 25% over 2007 supported by a
94% customer renewal rate on recurring contracts. New business
contributed a solid 15% of the revenue total as DMTI added 21 new clients
to its already impressive customer roster. Particularly strong
contributions came from clients in the Communications, Public Safety,
Location Based Services, Utilities, and Insurance sectors proving DMTI's
market leadership across focused industry verticals. 


 
 Both of the
company's flagship product suites, CanMap(R) and Location Hub(TM),
experienced unprecedented market acceptance this year contributing to
DMTI's strong business growth.

    With the most relevant, rich and reliable location content available,
DMTI will continue to re-invest its profits into technology leadership;
building geographic content and enterprise software that helps
organizations translate location intelligence into business value. 


 

"Our 2008 fiscal year was a triumph of solid progress, increased
productivity, and improved customer loyalty. Profits were up 25%
year-over-year and our revenue per employee went up by 38%. Focusing our
energy on collecting valuable customer feedback, and incorporating this
feedback directly into solution development enabled DMTI to release new
products that address client business problems resulting in rapid ROI."
stated Alex MacKay, CEO, DMTI Spatial.


 
 DMTI's location intelligence
solutions are designed to measurably increase revenue, improve customer
service, lower costs, and help clients to make better decisions to
enhance competitiveness. 


 
 For more information on DMTI Spatial visit
www.dmtispatial.com

    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(TM) platform
uniquely identifies, validates and maintains a universe of location-based
data. DMTI Spatial is the creator of market leading Mapping Solutions and
maintains the gold standard for GIS location-based data in Canada.

    

Contacts:
DMTI Spatial
Kristina Cleary
Vice President, Marketing
Toll Free: 1-877-477-3684 x 2573
Email: info@dmtispatial.com
Website: www.dmtispatial.com

Copyright 2008, Market Wire, All rights reserved.

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