NAVTEQ to Exhibit as Gold Sponsor at 2007 JavaOne(SM) Conference
"Over the last year, we've seen an increase in the creation of Java software-based deployment-ready applications, solutions and content," said Marc Naddell, Vice President, Partner and Developer Program, NAVTEQ. "This trend, along with the flood of new devices supporting embedded GPS, is causing the market for commercial applications to accelerate. NAVTEQ has the resources, channels and business relationships that developers need to advance their LBS knowledge and opportunities quickly and easily."
This development is not surprising given that, according to an Evans Data Corporation study conducted in the fall of 2006, 31 percent of respondents indicated they used Java software to code their LBS-supported applications.
Developers will have the opportunity to meet with NAVTEQ at the 2007 JavaOne conference, May 8-11, at the Moscone Center, San Francisco, CA, Booth #918. NAVTEQ will be featuring a selection of innovative mapping products including NAVTEQ Discover Cities(TM) -- a unique bundle of local information for today's urban pedestrians, and NAVTEQ Traffic Mobile(TM) -- real-time traffic data for mobile devices. NAVTEQ will also be exhibiting its dynamic online resource, the NAVTEQ Network for Developers(TM) site, which helps developers gain access to the tools, people and support needed to accelerate the development of their LBS applications.
NAVTEQ will also be hosting some of the winners and semifinalists of past LBS Challenges including the 2007 Grand Prize winner, ComVu Media, and semifinalists Intelligent Spatial, loopt and w-PlanIT, all of whom will showcase their next-generation applications. Leading geospatial platform providers Autodesk and deCarta will be demonstrating their developer tools and applications.
In addition to its exhibit space, NAVTEQ will deliver two presentations at the JavaOne conference -- a technical session, "Developing Web 2.0 Mapping Applications" and a session in the Presentation Theater, "The Emergence of Location in Wireless."
"NAVTEQ is excited to be an integral part of the 2007 JavaOne conference," said Naddell. "The opportunities for developers of LBS right now are enormous, and JavaOne represents an expanding developer base that we're excited to reach."
For more information about NAVTEQ's presence at the JavaOne conference, visit http://developer.navteq.com/javaone/2007.
About the NAVTEQ Global LBS Challenge
First launched in 2003, the NAVTEQ Global LBS Challenge is focused on driving the development and visibility of innovative navigation solutions for wireless devices. From wireless business applications to sports, travel and security, integrating the accuracy and richness of NAVTEQ digital map data facilitates the timely evolution of the next wave of LBS. The 2007 Global LBS Challenge featured a prize pool valued at nearly $2M in cash and prizes.
About NAVTEQ Network for Developers
NAVTEQ Network for Developers provides registered members with access to a comprehensive environment for rapid application development, tools, people and support to build the next- generation of location-based applications. Members benefit from sample NAVTEQ(R) map data and industry-leading geospatial tools for evaluation and development. The site also includes developer forums, frequently asked questions and technical support provided by NAVTEQ experts. Members also gain access to NAVTEQ product and technical information, NAVTEQ leading analysis and proprietary research, as well as a variety of powerful business development and technical services such as business plan reviews and testing services. The NAVTEQ Network for Developers Web site can be accessed at http://www.NN4D.com.
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 and in 28 countries.
NAVTEQ, NAVTEQ Discover Cities, NAVTEQ Traffic Mobile, NAVTEQ Network for Developers and Global LBS Challenge are trademarks in the U.S. and other countries. (C) 2007 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. The 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, as filed with the Securities and Exchange Commission.
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