Sulzbach, Germany - 5 September, 2006 – NAVTEQ (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, has been selected by NAVIGON to supply maps for its new MobileNavigator|6 navigation software. Pocket PCs, mobile phones and Personal Navigation Assistants (PNAs) use this software to navigate through over 30 countries in Europe – there are also optional maps for USA, Canada, the Middle East, South Africa and Russia.
NAVTEQ's digital maps form the basis of several new functions. For example, the detailed Extended Lane Attributes in the map database are used by the Lane Assistant function which advises drivers in good time which lane to take on a multi-lane road or at a complicated junction.
In addition, MobileNavigator|6 features sophisticated route calculation offering not just the quickest or shortest route but also the optimum route. Using the map data, it works out the route which provides the best possible balance between journey time and petrol consumption. Alternatively, the Bellevue Route facility calculates the most scenic route and shows special tourist attractions such as Paris’ Eiffel Tower, the Tower of London or Brandenburger Tor in Berlin. Consequently, this navigation software can be your tour guide in major cities and is also extremely useful for cyclists and pedestrians.
Another special feature is dynamic route information which not only advises drivers how long it will take to reach the chosen destination but will also show personalised, favourite POIs along the route in the driving direction.
Finally, there is a new, intuitive user interface which can be easily mastered. It has already been tested by the German Fraunhofer Institute for Industrial Engineering.
About NAVTEQNAVTEQ 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 2,000 employees located in 139 offices in 25 countries. Its European headquarters are in Veldhoven, Netherlands. For more information, visit www.navteq.com.
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.
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