exactEarth announces triple digit growth in 2012

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 31(st) 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." 
*Unaudited Results. 
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 
Peter Mabson President, exactEarth Ltd. Tel: +1 519-622-4445 ext.5870 
Craig MacPhail TMX Equicom Tel: +1 416-815-0700 ext. 290 
SOURCE: exactEarth Ltd. 
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CO: COM DEV International Ltd.
ST: Ontario
-0- Dec/13/2012 12:00 GMT
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