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Indianapolis, IN – April 30, 2007 — NAVTEQ
(NYSE: NVT), a leading global provider of digital map data for
location-based solutions and vehicle navigation, announced today
from the National Private Truck Council (NPTC) 2007 Education
Management Conference and Exhibition that it has been chosen by
Maptuit to supply NAVTEQ TRANSPORT™ truck attributes for their
latest fleet navigation product, NaviGo. NaviGo features
real–time mapping and navigation; commercial–grade routing and
re–routing; text–to–speech turn–by–turn directions; and a large
moving map format as well as a truck–specific dynamic road
network.
NAVTEQ TRANSPORT, in conjunction with
NAVTEQ® map data, provides road attributes that directly affect
truck routing. These attributes include legal restrictions,
physical restrictions and preferred truck routes. As an example,
the detailed data included in NAVTEQ TRANSPORT allows fleet
operations to route trucks away from low–clearance areas and
streets in which trucks cannot maneuver, helping to reduce
incidents and minimize out–of–route miles.
Furthermore, by matching routes to
road–network reality, NAVTEQ TRANSPORT enables the development
of applications that support more accurate route calculations.
"Maptuit’s routing capabilities
have been demonstrated repeatedly through rigorous tests and
trials, with customers ultimately selecting Maptuit as the best
solution for their companies. One of our routing solution
strengths relies on accurate and reliable digital map data,
which we obtain from NAVTEQ. We sought to collaborate with
NAVTEQ because of its best–in–class approach to our
solutions," said Jeff Papows, Ph.D, President and CEO,
Maptuit.
"NAVTEQ is extremely excited to be
associated with the best navigation product commercially
available for large Class 6–8 trucks," said Roy Kolstad,
Vice President and General Manager – Enterprise, NAVTEQ.
"The combination of NAVTEQ’s fresh map data and Maptuit’s
innovative, robust routing application is a tremendous win for
commercial fleets."
NAVTEQ is showcasing its NAVTEQ
TRANSPORT dataset at the NPTC 2007 Education Management
Conference and Exhibition in Indianapolis, booth #511, at the
Indiana Convention Center from April 29 through May 1,
2007. Maptuit NaviGo will also be demonstrated within the
booth.
About Maptuit Corporation
Founded in 1999, Maptuit Corporation,
headquartered in Burlington, Massachusetts, provides truck specific,
real–time, turn–by–turn directions and navigation solutions for the
trucking industry, and tracking and traffic services for the
transportation and consumer markets. With Maptuit’s advanced
real–time web services and patented technology, companies benefit from
the ability to easily look up addresses, create maps, perform
proximity searches, generate optimized routes and provide directions.
For more information please visit www.maptuit.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
2,800 employees located in 167 offices and in 28 countries.
NAVTEQ is a trademark in the U.S. and
other countries. All rights reserved.
NAVTEQ and NAVTEQ TRANSPORT are
trademarks in the U.S. and other countries. © 2007 NAVTEQ.
All rights reserved.
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. The 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, 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. |
