SOURCE: Digital Map Products, Inc.

Digital Map Products, Inc.

November 17, 2016 09:00 ET

Digital Map Products Makes Executive Addition to Support Company Growth, Introduces Tom Patterson as Chief Financial Officer

IRVINE, CA--(Marketwired - November 17, 2016) - Digital Map Products (DMP), a leading provider of location technology and data solutions, today announced the addition of Tom Patterson as Chief Financial Officer. Patterson is an experienced financial, operational and strategic executive leader with over 20 years of experience in helping high-growth private and public software companies scale. Following the recent strategic growth investment from Silversmith Capital, Patterson's addition is a first step in executing DMP's vision of growth.

"We are pleased to welcome Tom to our team as the new CFO," said James Skurzynski, President and CEO at DMP. "Tom's experiences and knowledge in the SaaS industry will help DMP scale efficiently as we rapidly grow. Our number one goal remains to continue to advance our technologies and deliver value to our customers."

Patterson's past experiences include executive and senior finance roles at software companies including: Kareo (cloud-based medical office software and services platform), Teletrac Navman (GPS-based fleet optimization products and services), Quest Software (IT administration community software solutions), and Citrix (a leader in virtualization, networking and cloud infrastructure). Patterson has proven his value at each of his previous organizations and has been successful in putting together strategies that resulted in major growth. Tom's successes include: managing Kareo through revenue growth in excess of 40%, leading Teletrac through a strategic exit to a fortune 500 acquirer, growing Quest software from approximately $200 million in revenue and 1,500 employees to more than $850 million in revenue and more than 4,000 employees, growing Citrix Systems from less than $100 million in revenue and 150 employees to more than $600 million in revenue and 1,500+ employees.

"I'm extremely proud to be joining the DMP team during a time of growth and strategic planning," said Patterson. "What made the organization appealing was its impressive combination of industry-leading SaaS technology, executive leadership, and positive perception amongst its customers and data partners. DMP's product line of location data solutions help organizations of all sizes to make more informed business decisions. I look forward to contributing my expertise to help drive the strategy and develop the infrastructure to support DMP's continued growth."

About Digital Map Products

Digital Map Products, headquartered in Irvine, CA, is a leading provider of cloud-based location technology and content solutions that bring the power of spatial technology to mainstream business, government and consumer users. DMP's product features add efficiency and sophistication to everyday business work flow, allowing users to work faster, work smarter and make better decisions. The company's SaaS products include, LandVision Builder Developer Edition, LandVision Commercial Real Estate Edition, LandVision Enterprise Edition and GovClarity for local government. For more information, visit www.DigitalMapProducts.com.

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