18 November 2005

Multimap, one of the world's leading online mapping providers, is pleased to announce that it is ten years old! The company has now been providing top-notch online mapping and location-based services to the business community and to users of its consumer website, www.multimap.com, for over a decade, and it is delighted to flag up some of its key achievements, including that, since its launch, it has:

• grown from one small server in a north London back bedroom to a global distributed service delivery infrastructure across three continents;
• delivered more than 7.5 billion maps and geographical searches;
• provided services to more than 10 million unique users per month on multimap.com;
• served more than 1,000 B2B customers around the world;
• opened offices in London, Sydney, Boston, and Istanbul;
• grown revenue by more than 11,000% over 10 years and been profitable since mid-2002
• won a number of key awards, including:
  • Sunday Times Microsoft Tech Track 100 award in 2003, 2004, and 2005
  • Fast Track 100 — UK's fastest-growing privately-held companies — 2004
  • Deloitte Fast 50, 2005
  • Red Herring Top 100 private companies in Europe
  • The Imperatives Digital Awards for ‘UK's number one website', 2005

To mark such an important milestone in the company's history, Multimap held a party for its highly-valued customers and partners in the Earth Galleries at the National History Museum on Thursday, 17th November.

Sean Phelan, founder and chairman of Multimap, said, "Multimap has come a long way since its early beginnings as a backroom start-up in 1995, when I was the only employee. At the end of 1999 there were 5 members of staff, and today there are 79 of us. Delivering truly global services from our offices across the world, we now have more than 10 million unique users and deliver more than 180 page impressions every month. We have been in profit for more than three years, and have the infrastructure and services in place to ensure that our existing growth rates continue apace in the future."

He continued, "We look forward to continuing to grow the business in a sustainable manner, and I'd like to take this opportunity to thank the whole team here for making such goals not only realistic but eminently achievable!"

About Multimap

Multimap is Europe's leading provider of mapping and location-based services. The company delivers more online maps, point-to-point driving directions and geo-spatial ("where's my nearest?") searches to more companies than any other supplier in Europe. All services are offered on mobile, PDA, kiosk, and interactive TV platforms and in multiple languages.

The public website, www.multimap.com, provides a range of free, useful services to assist with everyday life. Key features include street-level maps of Europe, USA, Canada, New Zealand and Australia; road maps of the world; door-to-door travel directions; aerial photographs; links to location information; and services such as hotel, restaurant and entertainment booking. The public site attracts over 10 million unique users, registers more than 180 million page impressions every month, and is one of the top 10 most visited websites in the UK. Multimap recently featured in The Sunday Times Fast Track 100 league table of fastest-growing unquoted UK companies across all sectors.