This high growth rate outpaces that in the company's home market, France, where according to IDC, the market grew by only 15 per cent. The company expects to maintain its current growth at around 30 per cent for 2000-2001. The substantial growth in the company's business means we will be seeking to IPO in 2001. Meanwhile, to celebrate the tenth anniversary of our creation and to strengthen our relationships with our clients and partners, GeoConcept is launching an exciting cartographic competition, details of which will be announced in due course. The company has sold more than 35,000 licences for its products and deploys its substantial experience through specialised partners as well as in-house expertise.
GeoConcept success is built on ten years' experience in the business.
The company is backed by well-known investors including Innovacom 2, Financi re de Brienne and Galileo. Some 69 per cent of the equity is held by the founders. GeoConcept can count some of the world's best known names among its clients and partners. The company has its own offices in Paris with 60 salaried staff and has shareholdings in several companies in GIS-related fields. Using Web Server via the internet, companies can access a geographical representation of information they hold without needing in house technical knowledge of mapping systems.