NAVTEQ Data Featured in Latest JVC Navigation Device |
| NAVTEQ Company logo. (PRNewsFoto/NAVTEQ)
CHICAGO, IL UNITED STATES | |||
JVC's High-End EXAD-Series KD-NX5000 Equipped with NAVTEQ Map Data and
NAVTEQ Traffic
CHICAGO, July 23 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a
leading global provider of digital map data for location-based solutions
and vehicle navigation, announced today that it has been selected to
provide JVC, a premier manufacturer of consumer electronics, with NAVTEQ(R)
map data and NAVTEQ Traffic(TM) for JVC's latest after-market navigation
product, the EXAD-series KD-NX5000. The KD-NX5000 is a 1-DIN HDD-navigation
DVD/CD receiver with a built-in 3.5-inch-wide monitor, providing customers
with multiple navigation and entertainment options.
The KD-NX5000's high-sensitivity, WAAS-enabled GPS device provides
accurate navigation and quick and easy destination searches with voice
guidance in three languages -- English, French and Spanish. For enhanced
convenience, the system also offers high-speed route calculation and map
viewing from both 2D and 3D-perspectives. The KD-NX5000's receiver has a
40GB total capacity, with 16GB for map navigation and 24GB for music. The
music server in the device can store approximately 5,000 songs in MP3, WAV
or WMA format, and the system is also compatible with Bluetooth(R) Wireless
Technology, a rear-view camera and an iPod(R).
"We are extremely excited about the addition of the advanced KD-NX5000
to JVC's already top-quality navigation line," said Chad Vogelsong, General
Manager, JVC. "The JVC brand has always been synonymous with
high-performance products, so it was only natural that we utilized NAVTEQ's
expert digital map data and cutting-edge traffic systems for our latest
device."
Each KD-NX5000 navigation system comes equipped with NAVTEQ's high
quality, detailed map coverage of the U.S., Canada and the U.S. Virgin
Islands. Users also have access to NAVTEQ's comprehensive Points of
Interest (POI) database with more than 12 million POIs, including
restaurants, hotels, airports, gas stations, ATMS and other destinations.
To further enhance the driving experience, the KD-NX5000 also comes
with a built-in RDS-TMC traffic tuner -- powered by NAVTEQ Traffic -- to
receive real-time traffic information. NAVTEQ Traffic accident and
construction information is available in the top 50 cities across the U.S.
and Canada, and speed and flow information is now available in 49 cities.
Users who choose to subscribe can receive real-time information on traffic
jams, accidents, road narrowings and more, allowing drivers to see traffic
delays and avoid potential traffic problems. NAVTEQ Traffic RDS is provided
free to users for 90 days, after which time consumers can subscribe to the
service directly through NAVTEQ at http://www.navigation.com/jvcactivation.
"The release of the sophisticated KD-NX5000 reflects JVC's longstanding
commitment to high quality and innovative mobile technologies, including
vehicle navigation," said Winston Guillory, Senior Vice President, Consumer
& Enterprise, NAVTEQ. "NAVTEQ is very pleased to have both its map data and
NAVTEQ Traffic products integrated into JVC's latest success in the
navigation industry."
Customers can learn more about this exciting new product at
http://www.mobile.jvc.com.
About JVC Mobile Entertainment
JVC Mobile Entertainment is a part of JVC Mobile Company of America, a
division of JVC Americas Corp. It is a wholly owned subsidiary of Victor
Company of Japan, Limited. JVC is a leading developer and manufacturer of
sophisticated mobile, audio and video products that use superior
technologies to deliver high quality sound and images.
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 over 3,000 employees located in 168
offices in 30 countries.
NAVTEQ and NAVTEQ Traffic are trademarks 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, 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 Annual Report on Form 10-K for the
year ended December 31, 2006 and the Company's Quarterly Report on Form
10-Q for the quarter ended April 1, 2007, 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.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO)
SOURCE NAVTEQ
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CONTACT:
Jennifer Schuh of NAVTEQ, +1-312-894-3913,
jennifer.schuh@navteq.com; or Bob Richter, +1-212-802-8588,
bob@richtermedia.com, for NAVTEQ
