Map Content Enables Improved Routing and New Navigation Features
CHICAGO, Dec. 11 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a
leading global provider of digital map data for location-based solutions
and vehicle navigation, announces the expansion of posted speed limits and
launch of road side warnings. This new content enables an improved routing
and navigation experience by taking into account changing speed limits as
well as curves and hills when calculating the route. In addition, the
twenty-one different road side warnings such as sharp curve ahead, steep
hill, or no overtaking ahead can be used to provide a notification to
drivers about the static road environment.
"Our consumer research indicates that speed advisory is a top feature
that a driver is looking for when purchasing a navigation system," said
Bruno Bourguet, Vice President and General Manager, Vehicle Applications.
"Consumers are saying that this kind of additional information enhances the
satisfaction they have with their navigation system and vehicle overall."
Road side warning information assists drivers' in a dynamic road
environment by providing them advance warning of potentially hazardous
situations. For example, while traveling along a major thoroughfare, the
speed limit may decrease dramatically when approaching a hamlet. Speed
limit alerts can not only inform the driver to this change but also advise
when the speed returns to a higher limit. In addition, a driver can be
informed about an upcoming hill, curve, or lane merge.
These same attributes can aid in route optimization taking into account
steep slopes where travel will be slower. "Speed limits and road side
warning functionality allows the fleet manager to calculate optimum routes
enhancing on-time deliveries," said Eric Fumat, Vice President and General
Manager, Enterprise and Government Sales. "What may look like the fastest
route on a map, may in fact be the longest, if the route spends the
majority of the time cutting through mountains."
The NAVTEQ Map posted speed limits include 100% of major highways in
the United States, Western Europe, eighteen Eastern Europe countries, South
Africa, and the United Arab Emirates. Also included in the map are select
secondary and arterial roads.
NAVTEQ road side warning information includes 21 sign types --
including protected overtaking, no overtaking, lane merge, railway
crossing, curve warnings, steep hills, winding roads, lateral winds --
posted on major highways in most Western European countries.
NAVTEQ is committed to providing extensive coverage and content that
enhances navigation and extends its functionality. Future plans include
broader coverage in additional countries.
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 3,100 employees located in
167 offices in 31 countries.
NAVTEQ is a trademark in the U.S. and other countries. (C) 2007 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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