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To: Nicholas Thompson who wrote (9196)6/14/1999 9:04:00 AM
From: OverSold  Read Replies (1) of 10227
 
MapInfo Signs Contract Valued at Approximately $2 Million with Nextel Communications
Business Wire - June 14, 1999 08:52
TROY, N.Y.--(BUSINESS WIRE)--June 14, 1999--

Enterprise-wide deployment of MapInfo products and solutions on Oracle8i

MapInfo Corporation (NASDAQ/NM:MAPS) today announced that it has signed a contract with Nextel Communications (NASDAQ:NXTL) for approximately $2 million to deliver a suite of Java-based MapInfo products and data on Oracle8i. Nextel, the leading provider of fully-integrated wireless communication services, is the first telecommunications company to select the new Java-based Spatial Internet Solution developed by MapInfo and Oracle to manage and analyze critical geographic data using Oracle8i, Oracle Spatial, and Oracle8i JServer. Under the contract, Nextel will deploy an integrated suite of MapInfo's 100% pure Java server technology and related client software and data products. The solution will be implemented, and payments scheduled to be made, over a ten-month period.

"Nextel relies heavily on its intranet and Web-enabled OSS and we are looking forward to integrating MapInfo's powerful enterprise-wide spatial solution," said Barry West, Nextel's chief technology officer. "With their software and service support, we can achieve our network planning objectives."

"This major contract with Nextel is validation that companies in highly-competitive service industries, such as telecommunications, see real value in the new MapInfo/Oracle partnership announced just two months ago," said John Cavalier, MapInfo's CEO and president. "It also demonstrates our ability to secure large-scale contracts with key customers in the telecommunications industry, MapInfo's principal vertical market."

MapInfo/Oracle Spatial Internet Solution on Oracle8i

The Spatial Internet Solution is the first complete, non-proprietary, pure Java spatial solution for the Internet. It provides everything a customer needs to deploy a Web-enabled, location-based spatial application via Oracle8i. Engineered to be a tightly integrated solution, the Spatial Internet Solution includes Oracle8i, Oracle Spatial, and MapInfo client and server-based software (MapXtreme, MapX, MapInfo Professional), MapInfo Commercial Data, and geocoding products.

About Nextel Communications

Nextel Communications Inc., headquartered in Reston, VA, is the leading provider of fully integrated wireless communications and has built the largest guaranteed all-digital wireless network in the United States that covers thousands of communities across the United States. Nextel and Nextel Partners, Inc. currently serve 92 of the top 100 U.S. markets. The Nextel National Network offers a fully integrated wireless communications tool with digital cellular, text/numeric paging and Nextel Direct Connect(R) - a digital two-way radio feature. In addition, through Nextel International, Inc., Nextel has wireless operations and investments in Canada, Mexico, Argentina, Brazil, the Philippines, Peru, Japan and Shanghai, China. Please visit our web page at nextel.com.

About MapInfo

MapInfo Corporation is a leading provider of Internet-based products and applications that enable organizations to use location for business advantage. MapInfo applies location to business problems to reveal patterns, relationships and trends in corporate databases and customer information. This leads to better business intelligence, improved customer relations, and bottom line performance, especially for organizations with vast physical and information infrastructures that need to understand marketplace demographics, manage assets, and allocate resources to compete effectively. Headquartered in Troy, New York, MapInfo is a global company with products and solutions available in 20 languages and a network of strategic partners and distribution channels in 58 countries. For more information, visit MapInfo at www.mapinfo.com.

OF NOTE

The statements contained in this press release concerning the anticipated benefits to MapInfo of the Oracle relationship are forward-looking statements that involve risks and uncertainties. Factors that may cause actual results to vary materially from these forward-looking statements include the failure of either party to perform its respective obligations under the relationship and the risks detailed in MapInfo's latest Form 10-K and 10-Q.

MapInfo, MapInfo Professional, MapInfo logo, MapX, MapXsite, and SpatialWare are registered trademarks, and MapInfo MapXtreme, StreetPro, and TargetPro are trademarks of MapInfo Corporation in the United States. deciBel Planner is a trademark of Northwood Geoscience Ltd. Other products named herein may be trademarks of their respective manufacturers and are hereby recognized.

Nextel, the Nextel logo and Nextel Direct Connect are registered trademarks of Nextel Communications, Inc.

CONTACT: MapInfo Corporation
Barbara Pilliod
(518) 285-6000
barbara_pilliod@mapinfo.com
or
Schwartz Communications
Merrill Freund
(781) 684-0770
merrillf@schwartz-pr.com
or
Lippert/Heilshorn and Associates
Jody Burfening
(212) 838-3777
jody@lhai.com



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%NY-MAPINFO MAPS NXTL %NEW-YORK %COMED %COMPUTERS %ELECTRONICS %INTERACTIVE %MULTIMEDIA %INTERNET V%BW P%BW

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© 1999 Waterhouse Securities. Click here for important legal information.
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