Product Brings the Power of a Local Guide to Mobile Devices
NAVTEQ Discover Cities(TM) combines pedestrian thoroughfares like sidewalks, walkways, tunnels and bridges with time-sensitive public transit system information to enable true multi-modal routing. For the first time, urban travelers in Europe with enabled devices will be able to take full advantage of their surroundings by being able to get from place to place using the most time efficient and closest transportation option. Business travelers and tourists will also have a better understanding of what's around them, enhancing orientation even in unfamiliar cities for greater efficiency on business trips and more memorable vacations. This represents a significant increase in features and functionality than previous versions of the product.
When used in combination with other location content from NAVTEQ, such as JiWire Wi Fi hotspots, branded travel guides, 3D Landmarks and 3D City Models, Discover Cities gives users a richer, more informed travel experience and assists their transition from one type of transportation to another during a journey.
"As a leading provider of digital location-based content, NAVTEQ understands the power of a location-referenced world and is committed to providing users with the content they need to make smarter decisions," commented Shane Green, VP Location Content at NAVTEQ. "Discover Cities has the potential to completely change the travel experience. Imagine arriving in an unfamiliar city and having the information at your fingertips to move through and take advantage of what that city has to offer just like a local would, whether you are driving, walking or taking public transportation".
For more information about NAVTEQ Discover Cities, please visit our booth at 3GSM Mobile World Congress, booth 1G45 or go to http://www.navteq.com/discovercities. Demonstrations of NAVTEQ Discover Cities will be available for viewing.
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 more than 3,300 employees located in 167 offices in 31 countries.
NAVTEQ and NAVTEQ Discover Cities are trademarks in the U.S. and other countries. (C) 2008 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 each of the Company's most recent Annual and Quarterly Reports 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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