Entire Country Now Available at Highest Specification
NAVTEQ's full detailed coverage map of France now includes: -- virtually the whole French population -- 1.4 million kilometres of roads -- all 96 departements France comprises -- an area of 544,000 square kilometres of land, including 36,600 towns and villages -- more than 324,000 Points of Interest including hotels, service stations, railway stations, airports, places of cultural interest and sports facilities.
To achieve complete detailed coverage of France by the end of 2004, the last eighteen months have been a significant challenge to the teams on the ground who have driven approximately 1.5 million kilometres of road network to field verified 80 new departements and create a state of the art detailed map of 29,600 new villages. France's road network -- from the highways to the residential streets in small villages -- have been driven and field verified, and the data collected has been through NAVTEQ's rigorous quality assurance process.
NAVTEQ drives the roads in order to collect up to 160 attributes of the road network, which are used to create NAVTEQ's highly accurate and navigable maps in both consumer and enterprise solutions. Some of the attributes include: road category (a classification from 1 to 5 to distinguish motorways and ring roads from residential roads), average traffic speed (calculation of the best route is performed using this criterion), traffic direction (turn restrictions, continuous white line or one-way traffic) and road surface quality (the shortest journey never includes roads which are unsuitable or difficult for vehicles). In addition, all road names and road signs are verified and recorded in the database.
"The complete detailed coverage of France represents the achievement of a key objective for NAVTEQ in 2004," says Denis Cohen Executive Vice President - Sales & Marketing Europe. "But because the world is constantly changing, we will focus on ensuring the information we have collected is kept up to date. In fact, our 575 Geographic Researchers worldwide are out on roadways doing just that."
* Due to the complexity of the processes required to compile and integrate NAVTEQ maps into navigation systems and location-based applications, it may take up to a year before consumers will have access to these new maps for their navigation systems.
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices and Internet-based mapping applications, 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 1,500 employees located in over 100 offices in 20 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 the caption "Risk Factors" in NAVTEQ's Quarterly Report on Form 10-Q for the quarter ended June 27, 2004, 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 as a result of new information, future events or otherwise.
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