MapInfo to Accelerate Adoption of Location-Based Services.Business Editors/High-Tech Writers 3GSM World Congress 2003 Hall 2/Stand D43 CANNES, France--(BUSINESS WIRE)--Feb. 19, 2003 MapInfo Extends miAware(TM) LBS (Location-Based Services) See mobile positioning. Platform Availability to Four More Countries; Standards Compliance Sets MapInfo Apart From Competition MapInfo Corporation (Nasdaq: MAPS) today announced that it is expanding the coverage of its Location-Based Services See mobile positioning. (LBS) platform--miAware(TM)--to include Finland, France, The Netherlands and Sweden, with a further wave of development to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. this summer. The move is part of MapInfo's strategy to encourage mobile operators to adopt LBS, by building a comprehensive and consistent geo-spatial services platform, which can be rapidly deployed to deliver new revenue generating LBS applications. MapInfo has already developed, thoroughly tested and launched miAware in six countries: Canada, Germany, Italy, Spain, the United Kingdom and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and plans to serve the new regions by the end of March 2003. MapInfo's recently launched miAware version 2.0 is the industry's first mobile location services See mobile positioning. platform to adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. Mobile Location Protocol Specifications set by the Location Interoperability Forum (LIF 1. (hardware) LIF - Low Insertion Force. 2. (file format) LIF - Logical Interchange Format. ), part of the Open Mobile Alliance (OMA (1) See Object Management Architecture. (2) (Open Mobile Alliance Ltd., La Jolla, CA, www.openmobilealliance.org) An organization formed in June of 2002 by the consolidation of the WAP Forum group and the Open Mobile Architecture Initiative. ). New Pricing Structure In recognition of the current economic conditions facing wireless operators, MapInfo has announced a new aggressive pricing structure in a bid to stimulate the LBS market. In addition to the existing licensing models, MapInfo now offers single application licensing and a transaction-based revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. model. "Location-based services have huge potential for generating profits for mobile operators. However, if an operator is to invest in and deploy LBS applications it needs to be confident in its business case and 100 percent certain of its operational success," said Larry Delaney, director, location-based services, MapInfo. "Throughout our ongoing project, Siemens and Vodafone set MapInfo some extremely rigorous trials that enabled miAware to establish industry credibility where other solutions have not. The pricing announced today complements our technical excellence and will enable operators to rationalize ra·tion·al·ize v. 1. To make rational. 2. To devise self-satisfying but false or inconsistent reasons for one's behavior, especially as an unconscious defense mechanism through which irrational acts or feelings are made to appear the business case for LBS, even in this difficult economic climate." Delaney added, "MapInfo's pan-European expansion, and adherence to standards, confirms its commitment to enabling wireless operators to achieve success by rapidly developing and deploying new revenue-generating LBS services globally." About MapInfo MapInfo Corporation is a global software company that integrates software, data and services to help customers realize greater value from location-based information and drive more insightful decisions. MapInfo solutions are available in 20 languages through a network of strategic partners and distribution channels in 60 countries. Headquartered in Troy, NY, MapInfo Corporation is on the World Wide Web at www.mapinfo.com. MapInfo and its products are registered trademarks of MapInfo Corporation. Other product or service names mentioned herein are the trademarks of their respective owners. Of Note This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. For this purpose, any statement that is not a statement of historical fact is a forward-looking statement, including without limitation statements concerning market demand for MapInfo's products and solutions, the potential benefits of MapInfo's software to customers, and the integration of MapInfo's software offerings with existing solutions. Factors that may cause these statements not to be true or to differ materially from the manner in which they are presented include potential difficulties related to third party integration of MapInfo's software, market acceptance of MapInfo's offerings, decreased spending by customers or potential customers on technology solutions and the impact of economic trends that affect generally the market for MapInfo's software and other product offerings. MapInfo takes no responsibility to update any forward-looking statements. |
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