NAVTEQ and MapQuest Renew Business Arrangement
Agreement Now Includes Broader Access to NAVTEQ® Map Database
Chicago, IL . – NAVTEQ (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, today announced that MapQuest, the top mapping website in the U.S.*, has expanded its agreement with NAVTEQ. Under the new agreement, MapQuest now has broader access to the NAVTEQ map database. MapQuest will utilize NAVTEQ data in both its Internet and mobile applications.
“MapQuest has remained a leader in online mapping by providing users with reliable maps and directions, high quality data, and easy-to-use features,” said Christian Dwyer, senior vice president and general manager, MapQuest, Inc. “Our agreement with NAVTEQ helps ensure that we continue to provide users with the best experience possible.”
The broader access to the NAVTEQ map database further optimizes MapQuest’s location offerings by providing rich map content beyond the U.S. NAVTEQ map data spans 73 countries and territories on six continents, and includes some of the fastest growing economies in the world such as Brazil, Russia and India.
“NAVTEQ has worked closely with MapQuest for many years and we look forward expanding our business relationship,” said Jeff Mize, executive vice president, sales, NAVTEQ. “With this increased access to the NAVTEQ mapping database, MapQuest can now further develop compelling location solutions that affect consumer activity worldwide.”
*comScore Media Metrix, March 2008, based on unique visitors
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