Tele Atlas Signs Agreement with Automotive Infotainment Leader Lectronix

location based services

October 16, 2006, Detroit, MI, SAE Convergence – Tele Atlas (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, announced today an agreement with Lectronix Inc., a supplier of automotive integrated electronics technology, software and product design services, to provide high-quality digital map data and related content to new vehicle market segments such as trucking and recreational vehicles (RV).
Lectronix automotive information and entertainment systems provide integrated navigation software within vehicle in-dash head units. Through the agreement, all Lectronix products for the commercial vehicle and automotive markets will feature Tele Atlas’ highly accurate digital map data. Drivers using Lectronix products will now be able to easily find addresses and points of interest, and the best possible routes to them.
“Lectronix is committed to providing the highest quality, most affordable navigation solutions to the market, removing previous barriers that prevented navigation systems from becoming standard vehicle offerings,” said Allan Dale, CEO of Lectronix. “After careful evaluation, we selected Tele Atlas as our digital map data and content provider and consider the company to be the partner best suited to help us take in-vehicle navigation to the next level.”
“As we continue to see navigation systems evolving and growing automotive segments benefiting from newer innovations, we’re pleased to partner with Lectronix to deliver the most accurate automotive and vehicle map solutions,” said Jonathon Husby, automotive market director, Tele Atlas. “Our proven record in the digital map data market, combined with our experience and engineering resources, ensures our partners’ demands for high customer value and return on investment are met.”
Tele Atlas and its leading automotive industry partners will demonstrate a range of digital navigation applications at SAE Convergence in booth #1207. Additionally, Tele Atlas will participate in the “Reinvent Infotainment: Reinvent User(s) Experience” session on the topic of "Enhanced Infotainment User Experience through Diversified/Expanded Content" at Convergence on October 17 at 4:30 p.m.
About Tele AtlasTele Atlas delivers the digital maps and dynamic content that power the world’s most essential navigation and location based services. The information is the foundation for a wide range of personal and in-car navigation systems, mobile and Internet map applications that help GPS system users find the people, places, products and services they need, wherever they are. Tele Atlas also works with business partners that deliver critical applications for emergency, business fleet and infrastructure services. Founded in 1984, the company employs approximately 2,300 full-time staff and contract cartographers at offices in 20 countries around the world and uses a sophisticated network of professional drivers, mobile mapping vans and more than 50,000 data sources to continually update its maps. Tele Atlas is listed on the Frankfurt Stock Exchange (TA6) and on Euronext Amsterdam (TA). For more information, visit http://www.teleatlas.com/.
About Lectronix Inc.Lectronix provides complete design, engineering, and manufacturing services that are vertically integrated with component capabilities to optimize its OEM customers' operations and time to market. Whether in an OEM or ODM environment, Lectronix offers product solutions to meet the needs of today’s high technology companies. The company’s vast experience and expertise in embedded product design and high quality manufacturing provides customers with a single source for product requirements, allowing them to focus on other key issues such as customer development and marketing. Lectronix’s corporate office is located in Lansing, Michigan with two satellite development offices, one located in Grand Rapids, Michigan, and the other in Ann Arbor, Michigan. For additional information see http://www.lectronix.biz/.
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