DMTI Spatial Acquired by Neopost

DMTI Spatial Acquired by Neopost

Canada NewsWire

TORONTO, Oct. 17, 2013 /CNW/ – DMTI Spatial, the Canadian leader in
location-based data quality solutions, today announced it has been
acquired by Europe-based mailroom solutions provider Neopost.

The European leader and global supplier of mail solutions, Neopost is
progressively building a portfolio of new activities to enhance its
offer and support its clients’ needs in areas of Customer
Communications Management, Data Quality and Shipping Solutions,
including logistics and traceability. Neopost has a direct presence in
30 countries, with 6,000 employees and annual sales of €1.1 billion in
2012. Its products and services are sold in more than 90 countries.

“The DMTI team is thrilled to be joining Neopost,” said John Fisher,
CEO, DMTI Spatial. “This acquisition will benefit DMTI and most
importantly, our customers. Being part of Neopost’s large,
multinational organization will provide DMTI with the necessary
investment and resources to enhance our rich, location-based solutions
for our customers and partners and extend them to new markets and new
geographies.”

The acquisition will enable both companies to deliver exceptional
product and software offerings to a global market. DMTI Spatial will
join Neopost’s Data Quality business unit. Location based
software-as-a-service (SaaS) solutions developed by DMTI Spatial are
readily adaptable to other countries and cultures and effectively
complement Neopost’s portfolio of customer and address-focused
solutions.

According to Gartner, the market for data quality tools has become
highly visible in recent years as more organizations understand the
impact of poor-quality data and seek solutions for improvement.
Neopost/Human Inference is positioned in the visionaries’ quadrant of
Gartner’s influential 2013 Magic Quadrant for Data Quality Tools, a
market that was approximately $960 million in software related revenue
at the end of 2012.

“We are committed to DMTI’s product line of location based services,”
said Enno Ebels, Executive Vice President Customer Information
Management, the Data Quality Solutions unit of Neopost. “Neopost will
invest into further growth and expansion of their core Geospatial
Information System (GIS) and SaaS offerings, which we see as a perfect
complement to our existing and future address, customer and Master Data
Management related solutions.”

About DMTI Spatial Inc.
DMTI has been providing industry leading enterprise Location
Intelligence solutions for more than two decades to Global 2000
companies and government agencies. DMTI’s world-class Location Hub platform uniquely identifies, validates and maintains a universe of
location-based data. DMTI is the creator of market leading Mapping
Solutions and maintains the gold standard for GIS location-based data
in Canada.

About Neopost

Neopost is the European leader and the number two world-wide supplier of
Mail Solutions as well as an increasingly significant player in the
fields of Customer and Shipping Solutions. As a provider of mailroom
equipment, Neopost supplies the most technologically advanced solutions
for franking, folding/inserting and addressing, providing a full range
of services, including consultancy, maintenance and financing
solutions. Neopost is also progressively building a portfolio of new
activities to enhance its offering and support its clients’ needs in
the fields of Customer Communications Management, Data Quality and
Shipping Solutions, including logistics management and traceability.
Neopost has a direct presence in 30 countries, with 6,000 employees and
annual sales of €1.1 billion in 2012. Its products and services are
sold in more than 90 countries.

Neopost is listed in the A compartment of Euronext Paris and belongs
notably to the SBF 120 index.

SOURCE DMTI Spatial Inc.

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