IRVING, Texas. - August 12, 2002. Spatial Data Inc. today announced that it has released Version 2.1 of Risk Mitigation Pro (RiskMitPro). RiskMitPro v2.1 enables insurance organizations to quickly and efficiently understand the risks involved in issuing new policies based on existing insured locations, thereby making the underwriting decision more accurate and timely while tightly limiting adverse selection.

RiskMitPro v2.1 includes new features that add customer-requested functionality. One of the new features included is the capability to generate standardized grids representing storm tracks. This enables the underwriter to thematically show where risks are overexposed in order to minimize risk and to illustrate where risks are underexposed so as to maximize profit. In addition, the ability to show ad hoc catastrophe summaries over historical storm tracks has been added. This allows the underwriter to generate "what if" scenarios for potential damage and also respond quickly to specific disasters immediately.

"We are very pleased to offer this new functionality to our insurance clients," said Scott DiGiacinto, Vice President. "We believe this new functionality in RiskMitPro v2.1 will help our customers in their development of a more efficient and profitable organization. Currently, technology in RiskMitPro includes Oracle 9i, Oracle Spatial, MapInfo MapXtreme, MapMarker Java and MapMarker Plus.

About Spatial Data, Inc.
Spatial Data’s revenue-enhancing spatial applications have been provided to industry-leading insurance companies and other industries including Fortune 500 clients since 1988. Spatial Data’s technology partners include MapInfo, ESRI, GDT, TeleAtlas, Oracle, Sun Microsystems, and Informix. Headquartered in Irving, Texas, you can find Spatial Data on the web at http://www.spatial-data.com.