Strength of Tele Atlas/TomTom Partnership Results in Top Honors at Telematics Update Show; Both Companies Named Best in Awards Competition Categories
LEBANON, N.H. & CONCORD, Mass.--May 2, 20055, 2005---Tele Atlas, a leading global provider of digital map data and other geographic content, and TomTom, a leading navigation solutions provider and a close partner of Tele Atlas, took home the highest accolades in their categories at the Telematics Update Detroit 2005 show. Tele Atlas was chosen as the Best Technology/Telematics Solution and the TomTom GO was awarded the prize for Best Navigation Product.TomTom, which uses Tele Atlas' highly accurate, turn-by-turn digital map content in its GO and other market-leading product families, has enjoyed extraordinary success following the company's launch in Amsterdam in 1991. In large part, it was due to its relationship with TomTom that Tele Atlas shipped over 1.5 million digital maps for personal navigation solutions in Europe and North America last year, placing the company in an ideal position for worldwide leadership in this exploding market sector. These findings were based on market figures for calendar year 2004, compiled by such industry analysts as Canalys (Reading, UK) and IDC (Framingham, MA USA).
"The TomTom GO's features - ease-of-use, portability, and accessibility, coupled with map data and points of interest from Tele Atlas - helped make us winners at the Telematics Update show," said Jocelyn Vigreux, President of TomTom USA. "The strong global relationship the two companies have developed over the years has definitely been instrumental in that success."
"Tele Atlas and TomTom have experienced great momentum in the personal navigation marketplace through mutual respect and hard work," said George Fink, president and COO, Tele Atlas. "Winning awards in our respective categories at Telematics Update is further validation of our efforts and the success of our collaboration."
About Tele Atlas
Founded in 1984, Tele Atlas is a worldwide leading provider of digital maps and dynamic location content for a variety of navigation, location-based services and geospatial products and database solutions. Tele Atlas' database is a highly accurate reproduction of today's street network, enabling turn-by-turn route guidance on a high percentage of European, U.S. and Canadian roads. Tele Atlas' compatibility with major navigation systems and its open system design have placed the company's technology at the heart of both consumer and business-to-business applications worldwide. From logistics to marketing to traffic and fleet management, in almost every sector of today's business and consumer world, Tele Atlas has built a reputation as an acknowledged pioneer and leader in the digital map industry. For more information, please visit www.teleatlas.com.
About TomTom
TomTom BV is a leading provider of personal navigation products and services. TomTom's products are easy-to-use and include all-in-one navigation devices, as well as navigation software products which integrate with third party devices such as PDAs and smartphones. TomTom BV was founded in 1991 in Amsterdam and has offices in The Netherlands, United Kingdom, France, Taiwan and the USA in Concord, Massachusetts. TomTom's products are sold through a network of top retailers in 16 countries. To learn more about TomTom, visit: www.tomtom.com.