CAMBRIDGE, ON, Dec. 13, 2012 /CNW/ - exactEarth Ltd., the leading
provider of satellite AIS data services, today announced that it has
continued to achieve significant growth during its 2012 Fiscal Year,
ending October 31st 2012. exactEarth uses an advanced satellite constellation and
proprietary processing technology to deliver unprecedented maritime
detection capabilities to its growing customer base. Revenues for
exactAIS®, its global vessel tracking and monitoring system, doubled
during fiscal year 2012 to $9.7 million, with bookings also climbing to
$13.6 million*. exactEarth now delivers close to 100 million AIS
messages per day to a growing customer base that has more than doubled
over the fiscal year to over 50 customers across 5 continents.
exactEarth also received upgrades and renewals from Government and
commercial customers globally, as exactAIS data continued to play an
integral role in various maritime applications such as Fisheries
Protection, Transportation and Logistics, Environmental Preservation,
Vessel Traffic Management as well as Maritime Surveillance and Security
and Search and Rescue Operations. In addition through its partnership
with VesselTracker GmbH, exactEarth data is now increasingly being used
across the commercial shipping world by Port Authorities, Ship Owners,
Brokers and Fleet Managers.
Peter Mabson, President of exactEarth, commented: "We are obviously
delighted to see such growth over the last 12 months and this confirms
our belief that the benefit of our exactAIS service is now being
realized across an ever- wider maritime market. With the continued
expansion of both our in-orbit and ground station capabilities next
year, building on our recent successful launch of the first of our next
generation of AIS satellites, our service will continue to improve and
the value to our customers increase. Our service now provides the
highest global ship detection rates of any satellite-based AIS system
with our patented processing technology also delivering ground-breaking
results for positive identifications within a single satellite pass and
in areas of dense maritime traffic. Our strengthening partnerships,
highlighted by our relationship with VesselTracker, and our plans for
simple web services delivery will allow this service to be delivered to
a wider audience which we see as key to sustaining this impressive
growth moving ahead."
About exactEarth Ltd.
exactEarth, based in Cambridge, Ontario, is a data services company
providing the most advanced information on global maritime traffic
available today. Our premium service, exactAIS®, delivers an
unrivalled view of the recognized maritime picture at a global scale.
Offering fully secure data in a variety of industry standard formats
and delivery methods, exactEarth's data provides real value for a wide
range of operational maritime applications delivering operational
efficiencies, enhancing security, safeguarding the environment, and
assisting in saving lives. For more information, visit our website at www.exactearth.com.
SOURCE: exactEarth Ltd.
For further information:
Peter Mabson President,
Tel: +1 519-622-4445 ext.5870
Tel: +1 416-815-0700 ext. 290