NAVTEQ and Autodesk Collaborate in Co-Marketing Agreement
NAVTEQ Supports Autodesk’s MapGuide Web Mapping Contest
Chicago, IL – March 21, 2006 – NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions and vehicle navigation, and Autodesk, Inc., the world’s leading software and services company for manufacturing, media and entertainment, and wireless data services fields, have entered into a strategic co-marketing agreement. This alliance enables Autodesk geospatial and civil engineering customers greater ability to access NAVTEQ® map data through Autodesk’s geospatial solutions. In addition, NAVTEQ is providing sample data to Autodesk for The MapGuide Open, a Web mapping contest for developers designed to encourage the creation of new and innovative geospatial solutions using the new MapGuide Open Source platform.
Autodesk solutions allow customers to create, manage and share valuable spatial information for better decision-making and improved operational efficiency for computer-aided design (CAD) and geographic information system (GIS) data. NAVTEQ maps offer the quality and flexibility required for integration into different types of geospatial applications as well as the rich content and accuracy to meet customer requirements in mapping, facilities management, mobile enterprise solutions or fleet management solutions.
NAVTEQ employs one of the industry’s most comprehensive development and quality control programs for the highest levels of quality and precision. Executed by a 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 to 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.
“Autodesk’s marketing collaboration with NAVTEQ elevates our relationship to a new level. Together, we are focused on stimulating the development of market leading solutions,” said Gary Lang, Vice President Engineering, Infrastructure Solutions Division, Autodesk. "Developers demand the best tools and data available. Collaborating with NAVTEQ enables us to deliver both. ”
"Spatially-enabled applications are meeting customer needs throughout enterprises and fleet management. Together, Autodesk and NAVTEQ are striving to provide developers and user organizations around the world a better and faster way to conceptualize and build the geospatial applications that will drive future success,” said Roy Kolstad, Vice President and General Manager- North America Business Solutions for NAVTEQ.
For more information about The MapGuide Open, including contest rules, guidelines and prizes, visit www.directionsmag.com/mapguideopen.
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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