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Adapx Secures Strategic Investment from In-Q-Tel

July 2008

Strategic Partnership with In-Q-Tel Plays Key Role in Introducing Cutting-Edge Field Collaboration and Data Collection Technology to the US Intelligence Community

July 14, 2008

Adapx, the company that is changing the way that teams collaborate and collect data in the field, today announced a strategic investment from In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the missions of the Central Intelligence Agency (CIA) and the broader Intelligence Community (IC). Adapx will use the additional capital to further enhance and market its Capturx™ software solutions for digital pen and paper, to meet the growing need for a better field data management solution in the mapping, design, forms, and note-taking markets.

“Every year, we review hundreds of innovative solutions but select only a small percentage with the superior capabilities that can best serve the critical technology needs of the U.S. Intelligence Community,” said Troy M. Pearsall, Executive Vice President of Technology Practices and Insertion at In-Q-Tel.  “Adapx’s technology dramatically improves the way in which organizations streamline field data collection and dissemination.”

Capturx: Turning Ink into Action
The Capturx™ product line is used by a broad range of industries and agencies to speed and improve field data collection. As portable and easy-to-use as pen and paper, Capturx™ can be used where rugged laptops and PDAs aren’t practical – at a fraction of the total cost. Using normal paper and ink, the digital pen digitizes and stores notes, sketches, and data collected in forms, notebooks, maps and designs. Once the digital pen is connected to the PC, data is instantly available for sharing with colleagues through leading software applications from Microsoft, ESRI, and Autodesk.

The Capturx™ product line includes the following three solutions:

  • Capturx™ for Microsoft Office OneNote automatically converts field notes written on paper into digital data in Microsoft Office.
  • Capturx™ for Autodesk Design Review digitally enables mark ups, annotations and redlines from paper versions of DWF drawings directly into AutoCAD and other Autodesk applications.
  • Capturx™ ArcGIS enables annotations and new features on paper maps and automatically integrated into the leading GIS solution.

“This agreement with In-Q-Tel and our addition to their prestigious portfolio of technology companies will provide public sector agencies with easier access to Capturx™ solutions,” said Ken Schneider, CEO of Adapx. “Our strategic partnership with In-Q-Tel further validates the competitive advantages Capturx™ offers in terms of productivity, speed, and informed decision-making – ultimately resulting in time and cost savings for U.S. intelligence operations.”

About Adapx
Adapx is changing the economics of field data management with its enterprise-ready digital pen and paper software platform for the GIS, Geospatial, CAD, and forms markets. Designed to help both field workers and business executives, Capturx™ allows organizations to capture actionable intelligence from any extreme environment and make real-time decisions in and outside the office. Leading enterprises and government agencies rely on Adapx to derive value from every field-based interaction to increase operational efficiencies and competitive advantage. The company is privately-held and headquartered in Seattle, Washington. For more information, please visit www.adapx.com.  

Adapx and Capturx, and their respective logos are trademarks, registered trademarks, or service marks of Adapx Corporation. Other products and company names mentioned are the trademarks of their respective owners.