Award Winning NAVTEQ Transport(TM) Being Demonstrated During IAA Germany
Recognized with Logistics Innovation Award at SITL 2006
CHICAGO, Sept. 19 -- NAVTEQ , a leading global provider of digital maps for vehicle navigation and location-based solutions, announces the map dataset of truck attributes for the German market, NAVTEQ Transport Germany. Demonstrations are being held during IAA in Hannover, Germany this week; commercial availability begins during Q1 of 2007.
European logistics experts recently recognized NAVTEQ Transport, now available in France, as being an innovative product. "To be presented with the Logistics Innovation Award at SITL was especially meaningful because the product was judged by a distinguished jury of industry professionals. We expect IAA attendees to see the similarities in the German product being demonstrated this week," said Eric Fumat, Vice President & General Manager Business Solutions, Europe.
NAVTEQ Transport Germany attributes include many physical and legal restrictions for vehicles including maximum height, weight, length, and prohibited or restricted areas. In addition, warning signs highlight steep hills, sharp curves and lateral winds. NAVTEQ Transport Germany also includes special truck details for service stations, such as high-powered diesel pumps.
"Field verification is important with this level of functionality," mentioned Fumat. "In Germany, we have already driven 133,000 km to create a more comprehensive and accurate product. We will leverage what we've learned in France and Germany as we introduce more European products."
Using the NAVTEQ Transport sample data files, Siemens VDO and Map and Guide have created applications which will be presented during the IAA show in Hannover, Germany in the NAVTEQ booth.
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 approximately 2,000 employees located in 139 offices in 25 countries.
NAVTEQ is a trademark in the U.S. and other countries.
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, 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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