WEBMAP SHIFTS INTO SALES MODE, APPOINTS TWO NEW VICE PRESIDENTS TO DRIVE REVENUE GROWTH

BOSTON, MA. -- November 16, 2001- WebMap Technologies, Inc. a developer of information management applications based on innovative visual information mapping technology, today announced the appointments of J. Michael Cichy as vice president of worldwide sales and Dylan Hunter as vice president of product marketing. The company announced that the two were hired to complement its executive team and to support the evolution of its strategy as WebMap expands its focus to aggressive marketing of its information mapping technology and applications.
"After two years of advanced technology development, WebMap is now ready to push our technology into the mainstream," said Michael Iron, WebMap’s chief executive officer. "The addition of two talented senior managers, with enviable track records and outstanding sales and marketing skills, positions us for market success."
"With more than 20 years of high technology sales management and selling experience, Michael Cichy is ideally suited to accelerating the deployment and revenue generation of our technology and applications."
Prior to joining WebMap, Michael Cichy was vice president of sales and service at Attunity, Inc., a provider of business process, applications and data integration solutions in Burlington, MA. At Attunity, he managed the company’s 58% sales growth over two years from $11.8M to $18.6 M in 2000. Prior to Attunity, Michael was vice president of north american sales at Optika Imaging Systems of Colorado Springs, CO. There, he grew sales 317 % from $6M to $25M over a three-year period.

Mr. Cichy previously held positions as a vice president of sales and services, eastern region at Recognition International (Dallas, TX) and also held of variety of sales management, sales and marketing positions at Digital Equipment Corporation. He holds a BS degree in Business Administration from Northwestern University.
"Every company has wrestled with a shift from not enough available information to information overload, " said Michael Cichy . "Now, companies are struggling with how to sift through, make sense of and act upon enormous amounts of information. I am excited about the opportunity to help customers learn how WebMap’s technology can help managers and business professionals intuitively use complex information to make faster, smarter business decisions."

Hunter Spearheading WebMap’s Use of Visual Information Mapping in Applications
"Dylan brings WebMap the expertise we need to continue to evolve our enabling technology to meet the changing and complex information management needs of customers," said Iron. "He’ll also develop vertical applications, beginning with financial services and manufacturing, that demonstrate the compelling benefits of information mapping to key markets."

Dylan Hunter came to WebMap from FAST Search and Transfer, a Westboro, MA developer of Internet search technology, where he was director of product marketing. At FAST, he helped the organization develop and market its technology, contributing to the firm’s growth from zero to $18 M in annual revenues over a two-year period. The company went public on the Oslo, Norway stock exchange this past June.
Prior to that, Mr. Hunter was a senior product manager at Boston Scientific Corporation in Natick, MA. He earned an MBA from Babson College and a BS degree in Economics and business from Lafayette College.

"I am thrilled to have two such outstanding professionals join our management team," added Iron. “Their reputations and their proven skills as leaders, motivators and team builders will add significant momentum to WebMap’s success."
At the Financial Technology Expo in New York last month, WebMap announced, the availability of an innovative new application for portfolio managers and institutional investors, called TradeMap™. Based on the company’s visual information mapping, the application uses information mapping concepts of topography (peaks and valleys) to graphically highlight relevant market activity and trends for investment professionals. The company said the application enables investment professionals to use liquidity as a real-time indicator rather than a lagging one. It provides a visual overview of market activity and volumes to enable portfolio managers to immediately spot the most significant trends impacting the market early enough for them to be able to take action before the opportunity window closes.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development