MapInfo expands in Asia Pacific; Opens new offices in Tokyo, Beijing, Hong Kong; Acquires Australian distributor.TROY, N.Y.--(BUSINESS WIRE)--Aug. 9, 1995--MapInfo Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MAPS), the worldwide leader in desktop mapping Using a desktop computer to perform digital mapping functions. solutions, is expanding its operations throughout Asia Pacific and has established offices in Japan, China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Australia to serve these growing markets. "MapInfo has been providing desktop mapping solutions throughout the region for years through our network of Asian Partners," said Brian D. Owen, MapInfo's president and chief executive officer. "Establishing new offices in Tokyo, Beijing, Hong Kong and Sydney will allow us to provide more consistent support as we work together with our partners to enhance our market leadership within the region. Asia Pacific is in the early stages of adopting desktop mapping solutions. MapInfo is well positioned to grow as these markets develop through the efforts of key resellers, as well as partnerships with corporations that have complementary technology," he noted. MapInfo's Japanese office, located in Tokyo, is under the direction of newly appointed country manager Yoshio Sugano. The office will complement the efforts of more than 100 partners in Japan by providing sales, marketing and technical support for the Japanese market. MapInfo desktop mapping software is available in Japanese for Windows, Macintosh and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). platforms. Sales of MapInfo software in Japan more than doubled in the first nine months ended June 30, 1995 over the prior period. More than 300 Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details. now use MapInfo, including industry leaders Kansai Cellular, Zenno, Sakura Bank, Showa Shell, UCC An abbreviation for the Uniform Commercial Code. and Obayshi Gumi. In addition, MapInfo and Pacific Technology Holdings Ltd., a privately held Hong Kong company, recently established a venture called MapInfo China/Hong Kong. Two full service sales, marketing and customer support offices will serve the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China and Hong Kong. The new venture has a staff of 12, mostly in Beijing, and is expected to increase to 20 employees during the first year of operations. MapInfo introduced the first-ever desktop mapping package in Chinese earlier this year. A variety of data for China is also now available. Customers in China include Motorola China, Zheng Zhou Railway Bureau, China Power and Light, Ministry of Water Resources Ministry of Water Resources (Chinese: 水利部 Pinyin: shuǐlì bù) is the executive government agency of the Central People's Government responsible for managing the water resources in China. , San Miguel Brewery and other government agencies. Also in connection with its expansion in Asia Pacific, MapInfo has announced the acquisition of the business and certain assets of its master distributor in Australia, Peripheral Systems Pty Ltd., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Sydney. The newly acquired business commenced operations as MapInfo Australia Pty Ltd., effective Aug. 4, 1995. With this acquisition, MapInfo Australia employs a staff of 37 in offices in Sydney, Melbourne and Canberra. MapInfo Australia will serve as the base for expansion into Southeast Asia and India. Peripheral Systems, MapInfo distributor since 1987 and the first international distributor, also built a strong commercial data business for the Australian market. It has long-standing relationships with government mapping agencies such as the Australian Bureau of Statistics The Australian Bureau of Statistics (ABS) is the Australian government agency that collects and publishes statistical information about Australia and its people. Population and Housing The agency undertakes the Australian Census of Population and Housing. (ABS) and Public Sector Mapping Agency (PSMA PSMA Public Sector Mapping Agencies (Australia) PSMA Prostate-Specific Membrane Antigen PSMA Power Sources Manufacturers Association PSMA Pakistan Sugar Mills Association PSMA Professional Services Management Association ), as well as many other municipalities and corporations. MapInfo's international revenues have increased 120 percent in the first nine months of this fiscal year over the prior year period. According to Daratech Inc., a market research firm based in Cambridge, Mass., MapInfo is the leader in the worldwide desktop mapping market, with a 21 percent market share. About MapInfo Corp. MapInfo Corp., Troy, N.Y., (NASDAQ: MAPS) was founded in 1986 and has shown consistent profitability and revenue growth for 30 consecutive quarters. It became a public company in February 1994. MapInfo software has been recognized for excellence by InfoWorld, PC Magazine, Windows Magazine, MacUser Magazine and American Demographics. The company ranks 73rd on Business Week's list of 100 "hot growth" companies. MapInfo products are available in 58 countries and 16 languages and are sold through multi-channel distribution involving direct sales, resellers and distributors. -0- MapInfo is a registered trademark of MapInfo Corp. Other products named herein may be trademarks of their respective manufacturers and are hereby recognized. CONTACT: MapInfo Corp. Lisa Jacobson or Kala KALA Kalaupapa National Historic Park (US National Park Service) Ranganathan, 518/285-6000 or Schwartz Communications Owen Davis, 617/431-0770 |
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