Press Release
- Date:
- Monday, July 12, 2004
- Contact:
- David Peikin
- Phone:
- (301) 918-0818
- Email:
- G1@schwartz-pr.com
MetaCarta and Group 1 Software Enter Into Strategic Technology Alliance
Group 1's U.S. Postal Address Geocoding Technology To Provide Pinpoint Latitude/Longitude Data to End-Users of MetaCarta's Flagship Geographic Text Search (GTS) Solution
Lanham, MD and Cambridge, MA — Group 1 Software (Nasdaq: GSOF) and MetaCarta Inc. today announced a strategic technology alliance. Under the agreement, MetaCarta is integrating Group 1's Centrus geocoding software for U.S. postal addresses into its Geographic Text Search (GTS) solution. MetaCarta's GTS solution conducts searches by geography and retrieves information based on keywords.
Group 1's technology enables MetaCarta's customers to increase the precision and accuracy of the latitude/longitude coordinates for addresses identified by MetaCarta's GTS solution. By incorporating Group 1's technology within the GTS solution, end-users can rank documents by location from a given point.
“The utilization of our technology within MetaCarta's solution underscores the growing trend among organizations to incorporate business geographics software into everyday applications,” said Steve Walden, vice president and general manager of Group 1's Centrus division. “Whether the need is to determine a tax jurisdiction, underwrite an insurance policy, locate geologic reserves, or identify military patterns, location-based accuracy is an operational imperative. We look forward to working with MetaCarta to support its' clients current and future business geographics needs.”
“Integrating technology from Group 1 enables us to enhance the value of our Geographic Text Search offering by providing our customers powerful data for domestic postal addresses,” said Ron Matros, president and CEO of MetaCarta. “We are continually looking to embed proven data and technologies from companies such as Group 1 to strengthen our core technologies and better serve our customers.”
About Group 1:
Group 1 Software (Nasdaq: GSOF) is a leading provider of solutions that help over 3,000 organizations worldwide maximize the value of their customer and other data. Group 1 provides industry-leading technologies that allow businesses to cleanse and enrich their corporate data, generate personalized customer communications and integrate and deliver data across the enterprise. These technologies are essential components of enterprise applications including customer relationship management (CRM), enterprise resource planning (ERP) and business intelligence systems. Founded in 1982 and headquartered in Lanham, Maryland, Group 1 offers solutions utilized by leaders in the financial services, banking, GIS/mapping, retail, telecommunications, utilities, insurance and other industries. The company's customer base includes such recognized names as Entergy, GEICO, L.L. Bean, MapQuest, QVC, Siemens, Wal-Mart and Wells Fargo. For more information about Group 1, visit the company's Web site at http://www.g1.com.
About MetaCarta:
MetaCarta, a pioneering geographic information application solutions provider, offers comprehensive analysis tools to enable better business decisions. Founded by a team of MIT researchers in 1999, MetaCarta provides groundbreaking technology that bridges the gap between Geographic Information Systems (GIS) and text search. The company presents innovative solutions that improve decision-making by making it possible for customers to discover, visualize, and act on important information. Offices are in Cambridge, Massachusetts; Vienna, Virginia; and Houston, Texas. For more information, please visit www.metacarta.com http://www.metacarta.com/.
Additional Contact Information:
MetaCarta
Sandy Levine
301-924-0330
slevine@adviceunlimited.net