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29 September 2003

Multimap Ranks 27th in The Sunday Times Tech Track 100

Multimap, Europe’s leading online mapping company, is the nation’s 27th fastest growing unquoted technology company, according to the Tech Track 100 report, published by The Sunday Times on 28th September, 2003. The list is based on growth in sales from 2000 to 2002, which, for Multimap, rocketed from £565,000 to £2,599,000; that’s an annual sales growth of more than 114% year-on-year.

The Tech Track 100 league table is produced by Fast Track, the Oxford-based research, publishing and networking events company. The league table is sponsored by chip-designer, ARM; the UK’s leading specialist insurer, Hiscox; and the Technology Industry Group of PricewaterhouseCoopers.

Hamish Stevenson, founder and CEO, Fast Track, said, “Thanks to its immensely popular public services and robust business model, backed by sound financing and a highly motivated, highly skilled team, Multimap has achieved impressive sales growth.”

Jeff Kelisky, Multimap’s Chief Executive Officer said, "We are proud to have ranked so highly in this year's Tech Track 100. It's gratifying for the whole team that our success be recognised by such a prestigious and respected industry authority. For the coming year, we will continue to enhance our services to provide our clients and prospects with industry-leading solutions, and to ensure that our public site continues to be among the most popular in the UK. This strategy is key to our high growth rates and core to our continued success."

About Multimap.com
Multimap.com 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 WAP, PDA, kiosk, and interactive TV platforms and in multiple languages.

The public web site (www.multimap.com) provides a range of free, useful services to assist with everyday life. Key features include street-level maps of the United Kingdom, Europe and the US; road maps of the world; door-to-door travel directions; aerial photographs; weather forecasts; the London Underground map; links to location information; and services such as hotel, restaurant and entertainment booking. Multimap.com, which was recently voted Best Internet Service in the World Communication Awards 2002, attracts over 6 million unique users every month and is one of the top 10 most visited websites in the UK.