LandVoyage Online Mapping Business Offered for Sale.
LOVELAND, Colo. -- LandNet Corp. announced today that it plans to sell its LandVoyage Internet mapping business and has hired an investment banking firm to manage the sale process. LandVoyage is a turnkey online mapping enterprise that competes in the same markets as Google Earth A 3D mapping program from Google that covers the entire globe from satellite images. Requiring a download for Windows, Mac and Linux desktops, a street address can be searched, and the views can be zoomed down to the individual building all the way up to a satellite's view of the globe. , Yahoo Maps, Microsoft Live See Windows Live. Local, and Stewart Title's GlobeXplorer.
LandVoyage offers significant advantages over its online competition in three areas: map content variety, functionality, and geographic search capabilities. The LandVoyage database of seven digital map layers and five satellite/aerial imagery data sets in an array of resolutions and scales is the most extensive U.S. database on the web. The site also boasts a proprietary suite of software that includes an Internet/intranet map server, advanced geospatial search engine, and e-commerce solution. In addition, there are online map drawing, searching and measuring tools Because human senses - like vision, hearing, touch, heat/cold receptors are subjective - which means that they are not very accurate nor reliable - science do not use them in measurements. Instead, measuring tools are used. for which an allowance of 49 patent claims has just been awarded and another 92 patent claims are pending.
Online mapping is one of the fastest growing applications on the World Wide Web. Internet map A graphic representation of some aspect of the Internet. Maps have been generated for years depicting user population, ISP coverage and other aspects of the Internet. usage reportedly jumped by 33 percent last year, according to according to
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3. comScore, a leading Internet tracking services firm.
"The buyer of LandVoyage will immediately tap into this high-growth market and compete directly with the major players," said Craig Harrison, LandNet Corp. Founder and President.
Other industry executives agree that Internet mapping is a rapidly growing market. Quoted in the Wall Street Journal while discussing Microsoft's recent entry into the online mapping arena, Bill Gates (person) Bill Gates - William Henry Gates III, Chief Executive Officer of Microsoft, which he co-founded in 1975 with Paul Allen. In 1994 Gates is a billionaire, worth $9.35b and Microsoft is worth about $27b. said, "There's going to be a lot of competition in the mapping area." (WSJ WSJ Wall Street Journal
WSJ Wisconsin State Journal (Madison, WI)
WSJ Web Services Journal
WSJ Winston-Salem Journal (North Carolina)
WSJ Wagle Street Journal (Kathmandu, Nepal blog) , May 24, 2005)
The LandVoyage sale process has been timed to coincide with the awarding of the allowance of patent claims, which occurred in December 2005 after a five-year review process, Harrison explained. Additionally, with the recent purchases of Keyhole (a LandVoyage competitor) by Google and AirPhotoUSA by Stewart Title, the time is right to sell LandVoyage to a larger organization with greater resources that can fully leverage the patent claims and proprietary technology to achieve market stature similar to Google Earth, Microsoft Live Local or Stewart Title's GlobeXplorer.
Developed in 2000 as an online mapping solution for the real estate and engineering professions, LandVoyage has evolved into a fully functional, content-rich website serving all mapping applications. Subscribers include professionals from the engineering, real estate, agriculture, natural resource, oil and gas, recreation, government and GIS industries. LandVoyage is one of only a few online sites that can serve map data directly into end users' desktop mapping Using a desktop computer to perform digital mapping functions. or GIS applications.
The extensive LandVoyage digital data library covering the entire United States includes aerial photo data sets ranging in resolutions from one to three feet in color and black and white, depending on the area. Digital maps include USGS USGS United States Geological Survey (US Department of the Interior) topographic maps at three scales, BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines Public Land Maps, soils maps, and aviation and nautical charts. The satellite imagery archive comprises shaded-relief, land use/land cover and regional images for the entire country.
The unparalleled LandVoyage functionality comes from the FetchSuite(TM) collection of proprietary software components. This technology enables the site to serve digital data, convert data files on the fly to a user-selected format, automatically order custom prints, save map work online for future use, and access map and imagery metadata. In addition, this suite includes patented online mapping tools that allow users to draw customized maps by entering metes and bounds The boundary lines of land, with their terminal points and angles. A way of describing land by listing the compass directions and distances of the boundaries. It is often used in connection with the Government Survey System. legal descriptions, latitude/longitude coordinates or GPS data. All FetchSuite(TM) technology can easily be licensed with other online applications or websites.
LandNet Corp. has retained Sarowdin Partners, an investment banking firm based in Denver, to act as its exclusive financial advisor in the sale of LandVoyage. Interested parties should contact Chris Barnes, Managing Director, at 303-399-1307 or email@example.com to request a non-disclosure agreement and Descriptive Memorandum.
Visit www.LandVoyage.com for a free trial of site content and mapping capabilities.