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- Excellent Sales Results Confirm the Company's Strategy
Mapsolute GmbH, operator of the Internet portal Map24.com, was able to
increase sales in the first quarter of 2007 by more than 40%. If this trend
continues, the company will have seen this type of growth for six continuous
years, which is the positive proof of the excellent market position of
Mapsolute as supplier of geographical software applications.
Mapsolute's co-founder, Alexander Wiegand (38) stated: "The basis of our
success is composed of two factors, alongside with the development of
permanent clients. On one hand, our consequent strategy of
internationalization is showing its effects: in the past 12 months, we either
opened additional offices or started strategic partnerships with successful
players in the business of cartography in seven different countries. We
opened the fourth subsidiary in Sao Paulo, Brazil. As a result, Mapsolute
foresees a positive ROI for the brazil subsidiary already in the first year."
The second factor of success is the expansion of business into new
vertical markets. MapTP, Mapsolute's technology, has been optimized
specifically for the respective customers so that the use of MapTP becomes
easier for software companies and system integrators alike. Mapsolute
acquired Austria's second largest auto club, ARBO, as a new client in the
area of route information services.
ARBO members can contact a call center for information about current road
conditions, weather, fuel prices, travel regulations and lake temperatures.
The key technology of the call center application is the geographical
information platform MapTP by Mapsolute GmbH.
About Mapsolute:
Mapsolute GmbH is a leading software supplier for interactive map
applications and local search, headquartered in Frankfurt/Eschborn (Germany)
with offices in GB, Finland and the US. Mapsolute's proprietary Internet
portal, www.map24.com, is accessible in 15 different countries. Licensees of
Mapsolute's MapTP are, among others, Daimler-Chrysler, T-Mobile, TUI and
McDonalds.