Global Communications Event Will Be Held November 12-15, 2007 in Macau
CHICAGO, Nov. 14 /Xinhua-PRNewswire/ -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions (LBS) and vehicle navigation, is continuing its commitment to LBS development in the Asia-Pacific (APAC) region by exhibiting at the upcoming GSMA Mobile Asia Congress, 12-15 November 2007, at The Venetian in Macau. This year will mark NAVTEQ's first appearance at the global mobile event.
"NAVTEQ's presence at this year's GSMA Mobile Asia Congress is reflective of the ever-growing presence of LBS development in the Asia-Pacific region," said Rich Shuman, senior vice president, Asia-Pacific, NAVTEQ. "The global movement of location is in full force and is evidenced by the cutting-edge LBS technology that is pouring out of the Asia-Pacific region."
The pervasiveness of location-enabled mobile devices and increased map coverage of APAC are contributing to the drive of LBS development in the region. NAVTEQ's coverage of the Asia-Pacific region now includes Australia, China (through NAVTEQ's joint venture, NAV2), Hong Kong, Macau, Malaysia, Singapore, South Korea, Taiwan and Thailand, and as of 2007, India.
NAVTEQ's booth (D16, Hall D) at the GSMA Mobile Asia Congress will showcase its map data, rich content, developer programs and booth partners, including:
-- NAVTEQ Discover Cities(TM): A bundle of pedestrian-relevant Points
of Interest (POI) data built specifically for location-aware mobile
devices, NAVTEQ Discover Cities gives mobile consumers information
about the sights and amenities of the city around them based on their
location.
-- NAVTEQ Network for Developers(TM): A dynamic online web portal that
provides developers and companies with technical and business
support, NAVTEQ Network for Developers (NN4D) enables its members to
build, showcase and launch the most innovative location-enabled
solutions. Register for NN4D at http://www.NN4D.com.
-- NAVTEQ Global LBS Challenge(R): The premier event for wireless LBS
innovation, the NAVTEQ Global LBS Challenge invites developers around
the world to build innovative, non-commercialized LBS applications
that work with mobile phones and/or wireless handheld devices using
dynamic positioning technology and NAVTEQ(R) map data. Global LBS
Challenge participants compete for a shared prize pool of cash and
data licenses valued at nearly $3 million US. Registration for the
Global LBS Challenge - APAC is now open and closes on February 29,
2008. Attendees can register for the event at NAVTEQ's booth or
online at http://www.LBSChallenge.com.
-- Booth Partners: Demonstrating in the booth with NAVTEQ will be
Nokia, Autodesk and NAV2, a joint venture partner of NAVTEQ.
For more information about the 2007 GSMA Mobile Asia Congress, visit http://www.mobileasiacongress.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 more than 3,100 employees located in 167 offices in 31 countries. NAVTEQ, Global LBS Challenge, and NAVTEQ Network for Developers are trademarks in the U.S. and other countries. (C) 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 each of the Company's most recent Annual and Quarterly Reports 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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