NAVTEQ(R) Map Data Selected by Datacom Wireless Corporation for Hi-Tech Tracking Systems
CHICAGO, Dec. 5, 2006 -- NAVTEQ , a leading global provider of digital map data for location-based solutions and vehicle navigation, has been named as the map data provider for Canada-based Datacom Wireless Corporation. Specifically, NAVTEQ map data will be utilized in Mobilus, a stolen vehicle tracking system and Mobicom, a GPS real-time fleet management system. Datacom's Mobilus solution is a protection, security and vehicle tracking system that prevents and detects car theft in real time, increasing the security of vehicles. Mobicom is a state-of-the-art fleet tracking system that allows users to manage vehicles in real time over the Internet, increasing efficiency and revenue while saving money on fuel, maintenance and manpower.
Datacom utilizes NAVTEQ's comprehensive Canadian and US map data to pinpoint vehicles for applications like stolen vehicle tracking and real-time fleet management. These applications provide valuable features such as geofencing, site management, address finding, GPS tracking and historical trip rendering. Highly accurate and detailed map data from NAVTEQ allows Datacom's Mobilus Tracking System to notify authorities of the exact location of a stolen vehicle. The same data is used by Datacom's Mobicom Tracking System to track fleet vehicles in a variety of industries.
NAVTEQ employs one of the industry's most comprehensive development and quality control programs for the highest levels of excellence and precision. Built by a team of approximately 600 geographic analysts, the NAVTEQ database includes in-depth coverage of urban and rural areas and field-verified routing attributes such as one-way streets. These attributes along with Points-of- Interest make it easier to locate vehicles via the Mobilus and Mobicom Tracking Systems.
"Using Mobilus and Mobicom, our customers realize a variety of benefits. Our towing clients are able to decrease the time it takes to respond to motorists by knowing the closest tow truck's position in real-time while our service industry clients appreciate being able to provide proof-of-presence at customer sites using history reports. Accurate, up-to-date map data is essential for the success of our hi-tech security and fleet management systems," states Claude Bergeron, CTO and Vice President of Technology, Datacom Wireless Corporation.
"Given the sophistication of Datacom's Mobilus and Mobicom applications, we are pleased to have been selected as the map data provider," says Roy Kolstad, Vice President and General Manager - Business and Government Solutions, NAVTEQ. "We are proud that our map data helps Datacom provide such positive benefits to their clients."
About Datacom Wireless Corporation
Founded in 1999, Datacom Wireless Corporation is a leading application service provider of Internet based fleet management and vehicle security solutions, using existing wireless data networks and GPS tracking technology. Products offered by Datacom include Mobicom, which provides real-time fleet management and vehicle tracking, and Mobilus, designed to prevent, detect and recover stolen vehicles, sold primarily to the automobile insurance industry. Datacom's products and services are sold through direct sales channels across North America. ( http://www.datacom.com/ )
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 2,100 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, 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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