NAVTEQ(R) Map Data Selected by US Federal Government for Coordination with State and Local Governments
Map Data Utilized to Synchronize Emergency and Natural Disaster Planning and Response
CHICAGO, Dec. 13 -- NAVTEQ , a leading global provider of digital map data for location-based solutions and vehicle navigation, has been selected by the Federal Government to provide extended licensing of map data. State and local governments now have the ability to coordinate preparedness efforts with the Federal Government through the view of a common map.
NAVTEQ provides the U.S. Government with extensive map data for road networks in the United States and Canada, along with Point-of-Interest data that is used in mapping critical infrastructure assets in support of the Department of Homeland Security. The Federal Government's decision to license NAVTEQ data helps federal, state and local governments better synchronize planning and response for emergencies and natural disasters.
"We are pleased to be recognized as an important component in the government's strategy to provide infrastructure information for critical initiatives such as homeland security," commented Roy Kolstad, Vice President and General Manager - Business and Government Solutions, NAVTEQ. "Using consistent and reliable map data across all government levels helps to facilitate coordinated emergency responses throughout the U.S."
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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