NAVTEQ Initiates First Seamless Global Digital Map Coverage

location based services



Tuesday June 19, 11:15 am ET
Entry Map Products Expand to Every Country
CHICAGO, June 19 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT - News), a leading global provider of digital map data for vehicle navigation and location-based solutions, has announced the expansion of its popular Entry Maps, creating the only global portfolio of digital maps that are edge-matched to each other and to leading NAVTEQ maps. With Entry Maps, customers now have the ability to license a map for every country in the world from a single source with connectivity across borders. Additionally, because the maps have been harmonized to standard NAVTEQ formats, customers will be able to use them with their existing NAVTEQ-based applications and solutions.
Entry Map has been developed to enable the growing range of world-wide solutions supporting global Geographic Information System (GIS), fleet, and location applications for wireless and Internet uses. By utilizing map display, geocoding and reverse geocoding functionality, customers will be able to develop solutions that allow users to visualize their location and track their movement. Applications supported may range from map display and 'find me' products to solutions such as fleet management that can aid fleet owners in boosting efficiencies, controlling costs, improving customer service, and enhancing revenue opportunities.
"Our global customers have told us they need access to road geometry throughout the world to execute their business plans," stated Cliff Fox, Senior Vice President of Product Management. "The highly accurate NAVTEQ map combined with these new Entry Maps allows our customers to continue to work with one trusted source for all their mapping requirements."
"Because all Entry Maps are available in the standard NAVTEQ formats, customers will be able to rapidly integrate these new coverage areas into existing solutions," stated Winston Guillory, Senior Vice President of Consumer and Enterprise Sales. "Even more exciting," added Guillory, "local companies all over Africa, the Americas and Asia will now have access to map data from NAVTEQ opening up new business opportunities in emerging areas."
Entry Maps contain all the major highways and major cities for a given country. Additional levels of roads including rural and residential roads and Points of Interest (POIs) for major towns are also included in some select areas. Entry Maps are available in 184 countries including the Eastern Europe Entry Maps that were released earlier this year.
NAVTEQ is showcasing Entry Maps at the 2007 ESRI International User Conference in San Diego, CA (booth #701), June 18 through June 22, 2007.
About NAVTEQ
NAVTEQ is a leading provider of comprehensive digital map information for 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 and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 2,800 employees located in 167 offices in 28 countries.
This document may include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under "Item 1A. Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2006 and "Item 1A. Risk Factors" in the Company's Quarterly Report on Form 10-Q for the quarter ended April 1, 2007, in each case as filed with the Securities and Exchange Commission.
Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. NAVTEQ does not undertake any obligation to update any forward-looking statements contained in this document.
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