Ann: Trading Halt, page-79

extract from original NEA response - 1 hour v 1 to 3 days by competitors - is this a patent infringement if you can do it so much faster? any patent lawyers on here lol

Pushpin
Claim made: “Since acquiring Pushpin, Nearmap has been promoting its parcel-change detection service as a “next
generation” change-detection service used to recruit county government clients”
“It takes Nearmap / Pushpin 24 hours to process roof measurements”
The facts: The December 2019 purchase was of Pushpin’s roof measurement technology, not Pushpin the company nor
Pushpin’s change detection technology, as falsely asserted. Pushpin continues to operate its change detection
service independently, at times using Nearmap imagery.
Nearmap applies the unique roof geometry technology acquired from Pushpin to its widescale 3D content to
provide highly accurate roof geometry which partners, not Nearmap as falsely claimed,then use to generate
high quality roof reports within 1 hour, compared with their competitors that can take 1-3 daysto produce a
report of the same quality. This content and technical approach is unique to Nearmap and has very quickly
gained traction via partners in both the Insurance and Roofing verticals.
As shown in today’s 1H21 results, Nearmap reported 198% ACV growth (1H21 vs 1H20) in the North American
Roofing Contractor vertical. Roof Geometry content is also sold to Insurance customers meaning that, one
year on from the acquisition, this content type already represents approximately 15% of the North American
ACV portfolio.
Conclusion: THE REPORT’S CLAIM IS FALSE