7 Jan 21:53
Mexico Data in Microsoft's Geography Products Announced
NAVTEQ Selected by Microsoft to Provide
Navigable Map Data for Mexico
Complete NAVTEQ North American Map Database Available in Microsoft Server Products
Complete NAVTEQ North American Map Database Available in Microsoft Server Products
CHICAGO, NAVTEQ , a leading global provider of
digital map data for vehicle navigation and location-based solutions, today
announced that Microsoft Corporation, a worldwide leader in software and
solutions, has chosen NAVTEQ(R) map data for Mexico to power its server
products. NAVTEQ's newly integrated digital maps of Mexico will complete the
NAVTEQ North America map database currently available on Microsoft's proprietary
location-enabled applications. Microsoft already relies on NAVTEQ's
comprehensive map data of the United States, Puerto Rico and Canada, as well as
Western Europe and Asia.
The NAVTEQ map of Mexico covers the entire
population of Mexico (approximately 100 million), including Detailed Coverage in
Mexico City, Monterrey and Guadalajara metropolitan areas. The major highways,
secondary roads and arterial streets in these metropolitan areas have been
verified against over 600 validation rules and conform to NAVTEQ's standard
global data specification. This attention to detail provides a high quality
dataset that can immediately be integrated with other NAVTEQ maps, which also
allows for a seamless navigation experience across the US and Mexico
border.
Numerous Microsoft business and consumer products
use NAVTEQ digital maps. The broad scope of products includes online services,
PC applications and gaming software. The popular mapping and location-based
platforms, Microsoft Streets & Trips, Microsoft MapPoint, Live Search Maps
and MSN all rely on NAVTEQ digital map data.
"Microsoft continues to expand its relationship
with NAVTEQ," said Bobby Figueroa, director of product management for Live
Search Maps, Virtual Earth and Local Search at Microsoft. "In addition to
providing high quality map data, NAVTEQ adds incremental value to our products
and services. Microsoft's ability to meet growing customer mapping and location
needs is made possible by NAVTEQ's global network of offerings."
NAVTEQ and Microsoft forged a relationship in 2003
when Microsoft selected NAVTEQ to supply map data of the United States and
Canada for its product applications. The relationship expanded shortly
thereafter to include NAVTEQ map data for Western Europe and Asia. Most
recently, NAVTEQ collaborated with Microsoft to supply enhanced mapping
information for its highly successful PC-based "Flight Simulator" franchise.
Now, with the inclusion of NAVTEQ's map of Mexico, Microsoft can provide a
complete navigable map of the entire North American expanse to its
users.
"NAVTEQ is delighted that Microsoft decided to
broaden its scope of NAVTEQ maps to include our robust Mexico database," stated
Winston Guillory, senior vice president, Consumer & Business Sales, NAVTEQ.
"Microsoft's innovative products coupled with the high quality NAVTEQ maps
prominently position both companies as key players in the growing navigation
space in Mexico."
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 3,000 employees located in 168 offices
in 30 countries.
NAVTEQ is a trademark in the U.S. and other
countries. (C) 2007 NAVTEQ. All rights reserved. The names of actual companies
and products mentioned herein may be the trademarks of their respective
owners.
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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/ / Eric
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