Cambridge, ON – July 2, 2014– exactEarth Ltd., a leading provider of global maritime vessel data, is pleased to announce a new, expanded strategic alliance with Genscape Inc., the leading real-time energy information supplier to commercial markets. exactEarth and Genscape, having extremely complementary backgrounds and capabilities, are now looking to apply their respective technologies, resources, and experiences to jointly explore the development and distribution of AIS-based data products and services to customers around the globe
Genscape, through its Vesseltracker GmbH affiliate, currently provides the most extensive terrestrial AIS information available as well as expansive ship information databases that will now also be available throughout the exactEarth product offering enhancing the value of its exactAIS data service to maritime authorities around the world. In turn, exactEarth will be providing its industry leading Satellite AIS data services to Genscape for the creation of a wide array of derivative products including summary flow reports and critical analysis assessments. Under this agreement, Genscape and exactEarth are looking to expand their product offerings into the existing customer base while also working to expand into associated global markets.
"We are excited to enter into this agreement with Genscape" said Peter Mabson, President of exactEarth. "This is a great step forward as we will now be able to offer the rich maritime information databases of Genscape to our valued customers. Through this expanded relationship, we will continue to service hundreds of customers together across the globe and look forward to delivering enhanced premium maritime services to our joint markets."
"The combination of Genscape's terrestrial AIS network and real-time monitoring of commodity & energy infrastructure with exactEarth's industry leading satellite AIS network will allow Genscape to provide the most accurate and timely information of flows across global commodity & energy supply chains. This information will help our customer's ability to hedge risk and make smarter trading decisions" said Matthew Burkley, Chief Executive Officer of Genscape. "We are extremely pleased to expand our strategic partnership with exactEarth. It is good for our customers as well as the whole market."
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.
About Genscape Inc.
Genscape Inc. is the originator of real-time power supply information to support decision making for power marketers, regulators, utilities, distributors, and other energy market participants. The company was founded in 2000 in Louisville, Kentucky and expanded to the European market in 2004. Today, Genscape is part of DMGT's (LSE: DMGT) $2.2 billion dollar portfolio of market leading companies.
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