CHICAGO, IL., Nov. 29 /PRNewswire-AsiaNet/ –
Upcoming ICT Conference and Exhibition Will Be Held in Hyderabad, India
NAVTEQ (NYSE: NVT), a leading global provider of digital map data for
vehicle navigation and location-based solutions (LBS), is continuing to extend
its reach in the global developer community by participating in the upcoming
INFOCOM 2007 Conference and Exhibition, November 28-December 1, at the
Hyderabad International Convention Centre in Hyderabad, India.
"The growing interest of location-based services in India is reflective of
the increasing global nature of the navigation space," commented Rafay Khan,
vice president, sales and business development, Asia Pacific, NAVTEQ. "NAVTEQ
is committed to supporting the expanding worldwide developer community and is
delighted to be a part of India’s INFOCOM 2007."
INFOCOM, India’s largest information and communication technology
conference and exhibition, brings together technology, business and policy
experts to brainstorm, showcase, network, brand-build and prepare for the
continued growth of LBS products. NAVTEQ will host a stand (Nos. 86 & 107, Hall
2) at this year’s conference that will showcase NAVTEQ(R) map data, rich
content and developer programs, 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. To
register or for more information visit 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 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.
— NAVTEQ will also be joined by Autodesk Location Services, one of the
global sponsors of the Global LBS Challenge. Autodesk will be
demonstrating their award winning Autodesk LocationLogic platform, a
comprehensive solution platform for location-enhanced services built to
meet the needs of wireless network operators.
About the NAVTEQ Global LBS Challenge
First launched in 2003, the NAVTEQ Global LBS Challenge is focused on
driving the development and visibility of innovative navigation solutions for
wireless devices. From wireless business applications to sports, travel and
security, integrating the accuracy and richness of NAVTEQ digital map data
facilitates the timely evolution of the next wave of LBS. The 2008 Global LBS
Challenge features a global prize pool valued at almost $3 million in cash and
prizes.
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 over 3,100 employees located in 167 offices in 31 countries.
NAVTEQ and the Global LBS Challenge 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.
( Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO )
SOURCE: NAVTEQ
CONTACT: Jennifer Schuh of NAVTEQ,
+1-312-894-3913,
jennifer.schuh@navteq.com; or
Bob Richter,
+1-212-802-8588,
bob@richtermedia.com,
for NAVTEQ
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Web site: http://www.navteq.com
http://www.LBSChallenge.com
http://www.NN4D.com
(NVT)
November 30, 2007
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