Product Brings the Power of a Local Guide to Mobile Devices
BARCELONA, Spain, Feb. 11 /PRNewswire-FirstCall/ -- Mobile World
Congress 2008 booth #1G45 -- NAVTEQ (NYSE: NVT), a leading global provider
of digital maps for vehicle navigation and location-based solutions
announces the global launch of NAVTEQ Discover Cities(TM) which is the
first bundled digital map data and location content to bring the power of a
local guide to mobile devices. The product is now available for major
cities in Europe, with plans in place to expand to major Asian and Latin
American cities later in the year in addition to multiple existing North
American cities.
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.
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 3,300 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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