NAVTEQ and GeoSpatial Technologies Demonstrate Multiple Wireless Tracking
Realtime Tracking of Multiple Handsets on Display at TelecomNext 2006
Chicago, IL – March 20, 2006 – NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location based solutions and vehicle navigation and GeoSpatial Technologies, Inc. (GST), developer of innovative, location-based technologies will be demonstrating GST’s location-based platforms using NAVTEQ® data to track realtime locations of multiple handsets and vehicles simultaneously.
GST is one of the few companies to successfully integrate multiple wireless communication protocols to track the locations of handsets, vehicles, and other mobile assets, and display and manage these locations simultaneously on a single map display. The GST solutions target the public safety, telematics, and transportation management market segments. GST will display realtime tracking in the NAVTEQ booth (# 2439) at TelecomNext 2006 in Las Vegas March 21-22, 2006.
“The integration of NAVTEQ data with GST’s location-based platform provides our customers the most accurate and reliable map database commercially available,” commented Hong Chou, CTO of GeoSpatial Technologies. "Knowing that the map database comes from NAVTEQ, the worldwide leader in navigation and location-based services sends a clear message to our customers that delivering value to their business is the number one objective of GST.”
NAVTEQ employs one of the industry’s most comprehensive development and quality control programs for the highest levels of quality and precision. Executed by an extensive team of over 550 field researchers, the NAVTEQ database includes detailed attributes from turn restrictions and relative road crossing heights to road segment access restrictions, one-way streets and speed categories that help optimize routing. Additionally, NAVTEQ maps include Points of Interest including restaurants, hospitals, shopping centers and leisure facilities, making it easier to locate and route to many different destinations.
“Participating with GST’s success in the Public Safety, Telematics, and Transportation Management segments is a natural expansion of NAVTEQ data’s contribution,” said Roy Kolstad, Vice President and General Manager – Business and Government Solutions, NAVTEQ. “GST’s location-based software platform integrates GIS, GPS, and wireless communications demonstrating the evolving nature of these industries’ needs.”
About GeoSpatial Technologies
GeoSpatial Technologies, Inc. (GST) develops innovative, location-based technologies, incorporating Geographic Information Systems (GIS), Global Positioning System (GPS), and wireless communications. As a premier technology company, we are committed to developing products that integrate emerging technologies to make people’s lives easier and safer. GST technologies and products include GST’s Robust Telematics Platform™, GST Viewer®, GST Wayfinder®, GST StreetLinker®, GST Geocoder™, and GST Internet Map Server™, and GST’s Suite of Public Safety Solutions, which include GST Tracker®, GST CrimeMap®, GST Mapper®, and GST CrimeMap® Lite. GeoSpatial Technologies, founded in 1993, is headquartered in Santa Ana, CA. For more information, please visit www.geospatialtech.com.
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 1,900 employees located in 131 offices in 23 countries.
NAVTEQ is a trademark in the U.S. and other countries. © 2006 NAVTEQ. All rights reserved.
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, 2005, 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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