Austin, TX, July 17, 2015 ” Geographic Information Services, Inc. (GISi) an Esri Platinum Partner, announced today that its Board of Directors has formally approved the spin-off of its operating unit, GISi Indoors, as an independent company. The new business is named Geometri, LLC.
GISi Indoors was started two years ago as an internal diversification initiative for GISi. The mission for the business is to develop solutions for organizations in the emerging space of indoor location technology. The establishment of Geometri as a separate business accelerates growth through new strategic partners and investors.
I am very excited about the potential for this next stage of Geometri said Lee Lichlyter, CEO of Geometri and former CEO of GISi. The indoor location industry, while early stage, is poised for explosive growth over the next several years. Geometri is a leader in the space, and well positioned with multiple products, a quickly growing list of clients, and a global distributor network.
We are seeing tremendous interest in many markets, including aviation, manufacturing, facilities management, health care, retail, and entertainment said Michael Healander, a founder of Geometri. The fast and straight-forward deployment of our Software-As-A-Service products allows organizations to quickly realize the benefits of indoor location technology.
We are committed to the indoor space and will continue to invest in it's development, both as an investor in Geometri and as an anchor partner in this market. said Dale Dunham, GISi Chairman and Founder. Lee and Michael are a highly experienced business team that will grow Geometri as a market and technology leader.
About GISi
GISi is an award-winning GIS professional services firm located in Birmingham, Alabama, with offices throughout the United States. GISi has a passion for delivering customer driven location technology solutions to federal, state and local governments, and commercial organizations.
About Geometri, LLC
Geometri, LLC specializes in indoor mapping, positioning and analytics. The Geometri Platform, through a powerful combination of spatial and statistical engines, provides a single source for building location aware buildings and businesses. It provides SAAS products, Application Protocol Interfaces (API), Software Development Kits (SDK), and services in the indoor location space.
