ESRI and Nearmap, page-8

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19/09/18

11:26

Post #: 35693633
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Originally posted by jessica211 ↑

Hi Birdman,

Further, back in March this year Pointerra employed Russell Rogers as their Principal Software Engineer, after he had spent 8 years with Nearmap. That is a senior, experienced employee for Nearmap to 'transfer' across to Pointerra and in my mind supports an aim of strategic integration.

From the half yearly report announcement on 28th February:

"The engineering and technical development team is being expanded with the addition of a key resource. From the 1st of March, Russell Rogers will join Pointerra as a senior software engineer following an 8-year role with NearMap. Russell will leverage his considerable experience in architecting large-scale AWS geospatial application deployment at a time where North American based customers are expected to drive step-changes in Pointerra’s 3D data hosting operations".

I would suggest that if anyone feels they have missed out on the value growth of Nearmap then they should have a good look at Pointerra (3DP) at this time. I think the association will only strengthen and 3DP is set to gain a lot from it.

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Just put my toe in the water with 3DP. My main concern is their lack of cash. On the other hand they share management (incl Board) links with NEA and I have been impressed with NEA management for some time.

NEA Price at posting: $1.80 Sentiment: Buy Disclosure: Held
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ESRI and Nearmap, page-8

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