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Friday, April 28, 2006

The Times Union in Albany does a great job summarizing MapInfo’s investor calls. This time, in addition to noting that overall quarterly revenue was at record levels, the paper shared these tidbits about the new MapInfo Pro and MapWorld.

CEO Mark Cattini said in a conference call with analysts Thursday that the company is scheduled to unveil a new version of its MapInfo Professional software at its MapWorld conference next month in Phoenix, Ariz. More than 500 people are expected at the event, which is held each year for the company’s customers.

Cattini said that the new version will allow users to access so-called RSS feeds from Web sites to provide them with additional data.

I’ve got a ping into MapInfo to tell me about the nature of RSS support - is it GeoRSS support? W3C version? support? Stay tuned!

by Adena Schutzberg on 04/28 at 09:17 AM | Comments | Bookmark and Share

MapInfo reported yesterday that revenue rose but income fell for the second quarter. CEO Mark Cattini sounded typically upbeat and reaffirmed long term guidance which has the company growing to about $172 Million in yearly revenues. But "the Street" is worried about income which fell from $2.55 to $2.35 million during the quarter, year over year, and the stock took a slight hit. I will be speaking with Cattini and COO Mike Hickey next week and the questions I’ll pose are…if the revenues are increasing, why is the stock languishing…what is causing the concerns about the company’s growth and where do you see trouble ahead? The company’s stock has risen about 8% since the beginning of the year; with current revenue projections, the company should be on pace to increase revenues by 16%. The stock has hit $15 dollars per share this year but has since fallen to its current level of about $13.50. The company’s stock and revenues seem stuck in only moderate growth at a time when the interested, if not the demand, for geospatial technology seems to be booming. Cattini points to 12% "organic" growth, i.e. new business. That’s probably not enough to encourage market analysts to upgrade the buy rating on the stock from its current "nuetral" status. Just by comparison, Intergraph, which took a huge hit on its stock (a 30% drop) after dissappointing earnings in late January has bounced back 20%; and Autodesk, which also experienced a drop in late January has recovered 20% as well.

by Joe Francica on 04/28 at 07:51 AM | Comments | Bookmark and Share

Alex Brown hosted “Introduction to Network GIS” at Clark University (Worcester, MA) this month.  He offers the Web presentation materials for the seminar from various sources on this website.

The British Columbia Institute of Technology (BCIT) offers a Crime and Intelligence Analysis (CIA) option as part of its Bachelor of Technology degree in Forensic Investigation. It’s the first of its kind in Canada and supported by ESRI and other commerical partners. The new option “seeks to meet increasing demand for crime and intelligence analysts in the fields of law enforcement, business and security.”

by Adena Schutzberg on 04/28 at 06:10 AM | Comments | Bookmark and Share

Thursday, April 27, 2006

Matt Perry explains that the server is behaving badly. A note from USGS offers other alternatives and notes it should be back up by May 1 (Monday).

by Adena Schutzberg on 04/27 at 11:11 AM | Comments | Bookmark and Share

Ok, I missed that bit of news that seems to have occurred in late 2005. I found it because the former president of GeoVantage just took a new job and the acquisition is mentioned in the press release.

As for Deere, it has no release on the acquisition, but does note that it now offers the OptiGroTM Variable Rate Imaging System “based on leading edge technology from GeoVantage, an aerial imagery company recently acquired by John Deere Agri Services. The system was developed by John Deere and is marketed through agricultural service providers.”

So, another aerial imagery company with hopes of serving the ag market gets acquired…

by Adena Schutzberg on 04/27 at 10:18 AM | Comments | Bookmark and Share
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