NAVTEQ Maps Chosen to Power Map24 Mobile
Find routes, hotels, restaurants & millions of other destinations on a mobile phone
Paris, France - 18 October, 2006- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, is supplying maps to the new Map24 Mobile, a route planner, navigation and search aid for multimedia mobile phones and Personal Digital Assistants (PDAs) with mobile internet access. Bringing all of the functionality of the highly interactive Map24.com portal to mobile devices, Map24 Mobile software can be downloaded at www.map24.com free of charge.
NAVTEQ maps in Map24 Mobile are available for Europe, with North and South America, the Middle East and Australia due to be launched shortly. Map24 Mobile provides access to mapping facilities in the same way as the popular Map24.com online service. Unlike static mapping applications, it is highly intuitive and interactive, with the user-friendly functionality mirroring the Map24.com portal, only on a handset. Even the familiar three-dimensional representations are integrated.
NAVTEQ map data provides a highly detailed and accurate representation of road networks including up to 204 attributes such as turn restrictions, physical barriers and gates, one-way streets, restricted access and relative road heights. An abundance of Points of Interest (POI) are also included on the map, enabling the software to find tourist attractions, restaurants, hotels and many more destinations without the need for a complete postal address.
Commenting, Chris Wallett, UK managing director of Mapsolute, owner of Map24, said: “More and more people are using online maps for route planning and navigation, and for other uses such as finding POIs. Route navigation is becoming more popular in cars, as we’ve seen the growing usage of satellite navigation. With Map24 Mobile, people can now use their mobile phones to plan their journeys and find extremely useful mapping content. It’s free, easy to use and extremely useful whilst you’re on the move and like our online service, uses top quality NAVTEQ maps.”
About Mapsolute and Map24
Mapsolute (www.mapsolute.com) is a leading developer of online mapping and geographical software. The company’s headquarters are in Frankfurt, Germany, and Mapsolute also has offices in the UK, the US and Finland. Mapsolute has five million unique users a month to the Internet portal www.map24.com, the specialist for mapping, directions and local search. More than 1.5 million routes are calculated daily. Map24 is marketed by partners in 14 countries worldwide.
Customers of Map24 in the UK include RAC, BBC, Lenova and Renault. MapTP, Mapsolute’s award-winning mapping technology which underlies Map24, has been integrated into many of the popular fleet management systems, tracking products, traffic information applications and online mobile devices.
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 2,000 employees located in 139 offices in 23 countries. Its European headquarters are in Veldhoven, Netherlands. For more information, visit www.navteq.com.
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 and “Item 1A. Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarter ended July 2, 2006, 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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