NAVTEQ(R) Leads Panel of Experts to Explore Advanced Driver Assistance Systems (ADAS) Enabling Technology
ITS World Congress Session Discusses Warning and Safety Innovations
CHICAGO, Oct. 9 -- NAVTEQ , a leading global provider of digital map data for vehicle navigation and location-based solutions will facilitate a panel discussion that includes BMW Group Research and Technology, Ibeo Automotive Sensor, and Ygomi. The panel's focus is digital map enhancements and improvements to ADAS applications such as adaptive cruise control, lane and road departure warning, adaptive front light control, collision avoidance and smart transmission control. These applications that enhance the driver's ability to react to the road environment and other vehicles are enabled by digital maps and on-board sensors including radar, light detection and ranging (LIDAR), and on-board video cameras.
Sensor development has enabled initial ADAS development, but the increased precision of digital maps to include road geometry with relative accuracies of 1 meter, and attributes such as speed limits, special speed situations, lane counts and markings, exit lanes, curve radius, road height and slope, add new capabilities. Curve speed warning, slope powertrain adaptation, and speed limit advisory functionality are enhanced with this information, resulting in a more realistic driving experience that could improve safety, and increase driver confidence.
"Industry experts are predicting that ADAS will have an enormous impact on automotive safety and driver comfort in the next three to five years," stated Bob Denaro, Vice President of ADAS Development for NAVTEQ. "High quality digital maps such as those produced by NAVTEQ will make these systems even more effective and bridge the gap between a sterile automated system and what a good driver can see for himself about the road and environment surrounding his vehicle, the key to driver acceptance of and ultimately demand for ADAS."
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.
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, in each case 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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