Customer Growth Reflects Market Demand for Location Based Information

Cambridge, MA –– February 2, 2009 –– MetaCarta, Inc., the leading provider of geographic search solutions, is proud to announce a substantial growth in its business during Q4 2009, both in terms of new sales and gaining a greater share of the customer. Following up on a breakout Q3, MetaCarta successfully grew its sales by over 100 percent in Q4 compared with the same period last year. The company finished the year well ahead of forecast and expects even greater growth in 2010.

Sales growth in 2009 came primarily as a result of strong interest from the U.S. public sector, doubling the company’s installed base. New public sector customers included various installations in the U.S. Army, the U.S. Navy, and numerous installations in the Intelligence Community. The company also saw a significant increase in sales from its media business, with customers including Microsoft, CBS Interactive and Reuters.

“Our consistent revenue growth is an indicator of the market embracing geosearch and validation that we’re solving a problem that’s shared by the private and public sector alike,” said Don Zereski, CEO of MetaCarta. “Along with doubling our customer base this year, we’ve seen deal sizes increase substantially. More customers are bringing us in at the enterprise level to meet their real-time search needs making it easier to find and act on location-based information.” 

MetaCarta will be launching its Geotagger capability for the Red Hat Platform in early 2010, unbundling this component from the current appliance offering. The company also recently released version 4.5 of its MetaCarta Geographic Search and Referencing Platform (GSRP), which includes Geographic Data Module (GDM) upgrades, tagging enhancements, connector enhancements, custom gazetteer enhancements, Javascript SDK enhancements and OpenSearch support.

About MetaCarta, Inc.
MetaCarta Inc. provides powerful technology for finding anything written about any place. MetaCarta’s unique technology combines geosearch and geotagging capabilities allowing users to find content about a location in internal and external data stores. MetaCarta’s products make data and unstructured content "location-aware" and geographically relevant for easier organization and quicker action. For more information please visit: www.metacarta.com.

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Ali Smith

SpeakerBox Communications

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