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Geosemble Announces Sixth Year of Double Digit Revenue Growth

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Monday, January 30th 2012


Geosemble Announces Sixth Year of Double Digit Revenue Growth

Geosemble Announces Sixth Year of Double Digit Revenue Growth Software Company Sees Strong Growth Ahead as Big Data and Budget Challenges combine to favor time-saving, precision-search technology

-Geosemble Technologies, Inc., a leading provider of geo-enabled search software, continued on its growth path in 2011 by announcing its highest revenue year since its founding in 2004. Geosemble has been averaging double digit revenue growth over the past six years and is projecting even higher revenues in 2012. At the same time, the company expanded its staffing and partnerships in 2011, released four software upgrades to its flagship GeoXray product line and moved to new offices. Key software upgrades include the ability to leverage news, blogs and social media to gain deep understanding of topics associated with geographic areas without the need to key in search terms.

"In 2011 we delivered software designed to cut research costs and accelerate mission insight”, said Andre Doumitt, CEO of Geosemble Technologies. "Geosemble has worked hard to be able to deliver knowledge about places from unstructured documents, even if there is no address, no latitude/longitude, and no city name. This capability allows us to deliver insight to customers automatically, allowing organizations to produce more with fewer staff and accelerate mission insight. In this budget constrained environment, that capability has become very valuable." Geosemble’s GeoXray product is designed to help organizations automatically identify topics of interest in areas they are responsible for. Users can then identify opportunities early enough to capitalize on them, or locate potential threats with enough forewarning to pro-act. Users can include city, county or state organizations, school districts, sports teams, neighborhood organizations, as well as national and international commercial and government organizations with geographically-based sales territories or areas of responsibility.

About Geosemble Technologies, Inc.

Geosemble’s products help organizations search, discover and manage text information geographically. The company’s flagship product GeoXray, links unstructured content to locations. The output of GeoXray can be tapped via API and displayed on a variety of systems, or on its own native GeoXray viewer. Uses for the product include Government and Military programs, municipal redevelopment, Business Intelligence and Enterprise Search, and geographic content delivery for mobile phone users. The company is an In-Q-Tel portfolio company, a DARPA SBIR Phase II contractor, a strategic Google® Earth Enterprise Partner, and a developer in the Oracle® PartnerNetwork. Geosemble Technologies, Inc. is privately held. Learn more at http://www.geosemble.com.

For further information please contact: Press Relations Geosemble Technologies Inc. 3601 Aviation Blvd. Suite 2800 Manhattan Beach CA 90266 310 356 8307x 7001 Inquiry [at] Geosemble dot com

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