First of Seven Eastern European Countries Being Released Over Next Four Months
The NAVTEQ map of Hungary provides detailed road network coverage for greater Budapest -- the country's largest urban center -- including the city proper as well as the suburban municipalities of Budakalasz, Budakeszi Budaors, Csomor, Diosd, Dunaharaszti, Dunakeszi, Ecser, Erd, Fot, Gyal, Halasztelek, Kerepes, Kistarcsa, Nagykovacsi, Pecel, Pilisborosjeno, Solymar, Szigethalom, Szigetszentmiklos, Torokbalint and Urom.
The map provides over 12,000 kilometers of nationwide coverage, allowing for routing to and from all major urban areas of Hungary and to and from the road networks of the surrounding countries of Austria, Slovakia and Slovenia. The map offers more than 1,100 Points of Interest including restaurants, hotels, museums and close to 500 petrol stations.
"Budapest and the surrounding areas are a burgeoning center of commerce and tourism, and we're proud to be able to support innovation in these industries by offering a digital map. Now -- for the first time and to the benefit of our customers and end users -- the creation of navigable solutions for this area is possible," commented John MacLeod, Executive Vice President - Global Marketing & Strategy for NAVTEQ.
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices and Internet-based mapping applications. 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 1,400 employees located in over 100 offices in 20 countries.
NAVTEQ is a trademark in the U.S. and other countries. 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 our plans to expand our map data coverage of Eastern Europe as well as 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 significant uncertainties and changes in circumstances, many of which are beyond our control. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors.
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