The Delphi NAV200, which is not much bigger than your hand, is ideal for first time navigation users. It comes with a preloaded SD card containing NAVTEQ map data, including a comprehensive database of the U.S. (including Hawaii, Alaska, and Puerto Rico) and Canada. Also included are 1.6 million of the most popular Points of Interest (POI's) including, restaurants, gas stations and ATMs making it easy to locate and route to many different destinations.
NAVTEQ data delivers the highest levels of quality and precision. From turn restrictions to relative road crossing heights, NAVTEQ field teams capture more than 200 attributes, such as access restrictions, one-way streets, and speed categories.
"Delphi and NAVTEQ's longstanding automotive relationship provides a solid foundation for the evolution of new product developments," said Dean VonBank, Vice President and General Manager, North American Vehicle Applications. "Together, we are committed to meeting driver expectations for accurate, value-oriented or budget-conscious portable navigation."
The Delphi Nav200 is easy to use. The new NAV200 has plug and play capability, so the end user has no complicated map loading. The device comes with full NAVTEQ maps covering the USA and Canada all on a 1.5GB SD card. Voice guided directions via built-in speakers also make navigating simpler by eliminating the need to look at the screen once a preferred route is set. And with real time traffic readiness, city commuters have the option of adding Traffic Message Channel (TMC) programming, a subscription-based service that provides navigation systems with traffic information that is broadcast via radio station. By using TMC, which requires an optional adaptor, NAV200 will receive updated traffic information and adjust the route accordingly - helping drivers get to where they want to go on time. In addition to the sophisticated navigation features, NAV200 has popular entertainment functionality including a movie player, music player and picture viewer for use when not navigating.
"Industry trends show the personal navigation market is expected to more than double over last year," stated Adiel Avelar, global navigation business line director, Delphi Consumer Electronics. "Part of this growth is driven by a convergence of different technologies such as navigation and entertainment. And the Nav200 uses the industry-leading NAVTEQ mapping database, which is trusted by popular online mapping services and automakers. This combination of advanced navigation features results in fast and accurate routing calculations-packaged together at a very competitive price."
The Delphi NAV200 priced at $399.99 will be on display and demonstrated at the NAVTEQ booth (# 10209) during the 2006 S.E.M.A, Specialty Equipment Market Association, convention opening today in Las Vegas, Nevada which attracts over 100,000 attendees. For more information about Delphi NAV200, visit http://nav200.delphi.com .
Delphi was the first company to integrate a radio into the dashboard in 1936, the first to bring satellite radio to the vehicle in 2001 and the first to bring a portable satellite radio to the market in 2002. To date, Delphi has sold more than 14 million satellite radio receivers and accessories. In fact, three out of four satellite radio subscribers listen on Delphi hardware. Delphi continues to expand its in-vehicle and consumer electronics technologies and offers a broad portfolio of products to answer a wide variety of information and entertainment needs. For more information, visit http://www.delphi.com/media .
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 2,100 employees located in 139 offices in 25 countries.
NAVTEQ is a trademark in the U.S. and other countries.
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.