MapInfo Corporation Appoints Wayne McDougall to Chief Financial Officer; McDougall to Drive Company's Financial Operations.

Business Editors

TROY, N.Y.--(BUSINESS WIRE)--May 30, 2003

MapInfo Corporation (Nasdaq: MAPS) today announced the appointment of Wayne McDougall to Chief Financial Officer.

McDougall has been with MapInfo for six years, most recently serving as interim Chief Financial Officer and Vice President of Finance and Corporate Controller, where he was responsible for all accounting and reporting functions worldwide. McDougall will be responsible for managing the global day-to-day financial operations of the company.

While at MapInfo, McDougall has played a key role in mergers and acquisitions, establishing credit facilities, managing banking relationships and supporting interactions with the investment community. McDougall also spearheaded the implementation of the company's internal audit function.

"The addition of Wayne McDougall as CFO strengthens our executive team's ability to effectively reach our financial objectives while maintaining fiscal discipline," said Mark Cattini, president and CEO of MapInfo. "McDougall's wealth of knowledge and experience has made him an invaluable leader within the company, offering strategic and analytical guidance for MapInfo's growth and financial stability. The Board of Directors and I have full confidence in Wayne's ability to successfully drive MapInfo's financial operations."

Prior to joining MapInfo, McDougall was a Business Assurance Manager with PricewaterhouseCoopers for eight years. McDougall holds a BS in Economics and an MBA in Accounting from Union College. He is a member of the American Institute of ...