First NAVTEQ LBS Developer Conference, Sponsored by Openwave
location based services
LOS ANGELES, Sept. 11 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), aleading global provider of digital map data for vehicle navigation and location-based solutions, is hosting the NAVTEQ LBS Developer Conferencetoday at the Los Angeles Convention Center as part of NAVTEQ's exclusiveLBS sponsorship with CTIA. Openwave Systems, a leading independent providerof software solutions for the communications and media industries, is theSignature Sponsor of the conference. The day-long NAVTEQ LBS Developer Conference is the first of its kindat CTIA, providing developers with the opportunity to interact with keyindustry players including leading wireless carriers, venture capitalistfirms, industry experts, and LBS tool and platform providers. Michael Powell, former FCC Chairman, is delivering the keynote addressfocused on the rise of digital technologies and future impact ontechnology- driven businesses. The conference also features a mix ofbusiness and technical panel discussions and presentations. Highlights of the Developer Conference include: -- Openwave's John Trobough, Vice President Product Solutions, delivers a presentation on the LBS market trends including the evolution of the communications industry toward fixed mobile convergence and an all-IP world; -- Wireless carriers Cingular, Sprint, Telus, and Verizon Wireless lead a panel discussion on how developers should best engage with carriers to optimize the opportunity to have their applications included on their service decks; -- Venture capitalist firms DFJ Portage Venture Partners, MK Capital, and Sutter Ventures review developer criteria for venture funding; -- LBS tool and platform providers Autodesk, deCarta, ESRI, KnowledgeWhere, Networks in Motion, and Nokia provide insight into their latest tools and platforms to help developers build next generation LBS applications. In conjunction with NAVTEQ, tool providers are providing attendees a hands-on experience in a specially designed Tech Lab; -- Major Industry influencers such as Microsoft and Yahoo offer insight on how open APIs will impact the future of location; -- Past semifinalists from the NAVTEQ Global LBS Challenge(TM) demonstrate their LBS applications in the Product Showcase. "We are pleased to be joined by our Signature Sponsor, Openwave, andthis select group of LBS industry players for the first NAVTEQ LBSDeveloper Conference," commented Winston Guillory, Senior Vice President -Global Consumer and Enterprise, NAVTEQ. "This gathering is a testament tothe energy and momentum being generated within the LBS industry andreflects NAVTEQ's unique position in the value chain to bring such a widespectrum of important stakeholders together." About NAVTEQ NAVTEQ is a leading provider of comprehensive digital map informationfor automotive navigation systems, mobile navigation devices,Internet-based mapping applications, and government and business solutions.NAVTEQ creates the digital maps and map content that power navigation andlocation-based services solutions around the world. The Chicago-basedcompany was founded in 1985 and has approximately 2,000 employees locatedin 139 offices in 25 countries. NAVTEQ is a trademark in the U.S. and other countries. This document may include certain "forward-looking statements" withinthe meaning of the Private Securities Litigation Reform Act of 1995. Theseforward-looking statements include, but are not limited to, plans,objectives, expectations and intentions and other statements contained inthis press release that are not historical facts and statements identifiedby words such as "expects", "anticipates", "intends", "plans", "believes","seeks", "estimates" or words of similar meaning. These statements arebased on our current beliefs or expectations and are inherently subject tovarious risks and uncertainties, including those set forth under "Item 1A.Risk Factors" in the Company's Annual Report on Form 10-K for the yearended December 31, 2005 and "Item 1A. Risk Factors" in the Company'sQuarterly Report on Form 10-Q for the quarter ended July 2, 2006, in eachcase as filed with the Securities and Exchange Commission. Actual results may differ materially from these expectations due tochanges in global political, economic, business, competitive, market andregulatory factors. NAVTEQ does not undertake any obligation to update anyforward-looking statements contained in this document. (Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO )
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