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Technology Stocks : MAPINFO: Any Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Luce Wildebeest who wrote (190)	12/8/1999 2:29:00 PM
From: Elvis Jones	Respond to of 225

MapInfo Announces Three-For-Two Stock Split biz.yahoo.com Nice, eh? Happily Long MAPS, Duke (full story follows) ---------------------------------------------- Wednesday December 8, 7:01 am Eastern Time Company Press Release MapInfo Announces Three-For-Two Stock Split TROY, N.Y.--(BUSINESS WIRE)--Dec. 8, 1999--MapInfo Corporation (Nasdaq: MAPS - news) today announced that the Board of Directors has declared a three-for-two stock split. The split will be effected in the form of a stock dividend which will entitle each shareholder of record to one additional share for every two shares held at the close of business on December 20, 1999, (the ``Record Date'). The Company will pay cash in lieu of fractional shares based on the closing price of the Company's Common Stock on the Record Date. There are approximately 5.8 million shares of MapInfo Common Stock outstanding which will increase to approximately 8.7 million shares following the stock split. The Company will issue the additional shares and make the required cash payments on January 10, 2000. About MapInfo MapInfo Corporation enables customers to use location to transform information into business advantage. A global company and technology leader, MapInfo provides business intelligence solutions that are deployed across organizations to help them better understand their markets and customers. Headquartered in Troy, N.Y., MapInfo Corporation is on the World Wide Web at www.mapinfo.com. -------------------------------------------------------------------------------- Contact: MapInfo Corporation, Troy D. Joseph Gersuk, EVP/CFO or Barbara Pilliod, Public Relations Director 518/285-6000 www.mapinfo.com or Investor Contact: Lippert/Heilshorn & Associates, New York John Heilshorn, john@lhai.com or Jody Burfening, jody@lhai.com 212/838-3777 www.lhai.com