NAVTEQ Reports More Drivers Are Updating Navigation System Maps

Research concludes 82 percent of drivers rate a map update purchase a fair, good or excellent value

CHICAGO, Nov. 10 /PRNewswire/ -- NAVTEQ, a leading global provider of digital map data for location-based solutions and vehicle navigation, is reporting a significant and steady increase in the number of drivers updating maps for their navigation systems. NAVTEQ data shows that sales of navigation system map updates increased nearly 40 percent across both Europe and North America between 2004 and 2007.

NAVTEQ's 2008 Map Information Update Study reports that navigation system users in both Europe and North America are motivated to purchase map updates due to increased address coverage, new road layouts, overall map coverage and optimal route planning as a result of purchasing a new map update.

Overall, 82 percent of navigation system owners who have purchased a map update rate their purchase as a fair, good or excellent value.

"Increasingly, drivers are updating their navigation systems to have the freshest map information for the world around them," commented Jeff Mize, executive vice president, NAVTEQ sales. "Due to the volume of road network changes, new addresses and new points of interest like restaurants and gas stations, drivers are encouraged to update their navigation system maps once a year."

Depending on the navigation system, map updates are available on CD, DVD or SD flash cards. Drivers can purchase map updates for in-vehicle navigation systems through car dealerships and at http://www.navteq.com/store where maps for over 40 auto manufacturers and more than 200 different car models are available. Portable navigation device (PND) map updates are available from system manufacturers and at select retail outlets.

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 more than 3,800 employees located in 194 offices and in 42 countries.

NAVTEQ is a trademark in the U.S. and other countries. All rights reserved.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO)

Web site: http://www.navteq.com/




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