6 December 2004

Multimap Ranks Among the Nation’s Fastest-Growing Unquoted Companies Across the Board, according to The Sunday Times Virgin Atlantic Fast Track 100 League Table

Multimap, Europe’s number one internet mapping company, has made its first appearance in The Fast Track 100, published by The Sunday Times on 5th December, 2004. According to the report, with sales growth averaging 82 percent per annum, from £565,000 in 2000 to £3.4 million in 2003, Multimap ranks among the nation’s fastest-growing unquoted companies.

The Fast Track 100 league table, sponsored by Virgin Atlantic, is produced by Fast Track, the Oxford-based research, publishing and networking events company. Fast Track 100 ranks Britain's hundred fastest-growing unquoted companies by 2000-2003 sales growth. The league table features a diverse cross section of companies including a fruit drinks maker, co-producers of the hit film Wimbledon, and the creators of Pop Idol.

Hamish Stevenson, founder and CEO, Fast Track, said, “Multimap has featured in the Tech Track 100 league of fastest-growing unquoted technology companies for two consecutive years and we are delighted to announce that its impressive growth extends beyond a technology context. Among all UK unquoted companies across the board, it emerges as one of the leaders, and this is an enormous accomplishment. We congratulate Multimap on its success.”

Sean Phelan, founder and chairman of Multimap, said, "To feature in the prestigious Fast Track 100 is a great honour. It bears testament to the continued hard work of the Multimap team, our commitment to continuous product improvement and our dedication to customer service, both of which have contributed to the strong growth in sales that we’ve experienced since 2000. We will continue to grow the business in 2005 by extending our product portfolio and opening more overseas offices.”

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 and Australia; road maps of the world; door-to-door travel directions; aerial photographs; weather forecasts; links to location information; and services such as hotel, restaurant and entertainment booking. The public site attracts over 7.3 million unique users, registers more than 140 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 Tech Track 100 league table of fastest-growing, unquoted technology companies for the second consecutive year.