11 June 2007, 11:19pm
Premier Map Provides Seamless Coverage from the Middle East to Eastern and Western Europe
NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, has announced its first release of digital map coverage in Turkey. The new map covers a population of more than 13 million, includes over 1,000 administrative place names and contains over 28,000 kilometres of navigable roads for the cities of Istanbul and Ankara.
The major highways, secondary roads, and arterial streets in these cities have been verified against 615+ validation rules and conform to NAVTEQ’s standard global data specification. This attention to detail provides customers with a high quality dataset and allows them to use the data immediately with other NAVTEQ maps. The map also contains connector roads throughout the country, creating links between Turkey’s largest cities and to Bulgaria and Greece.
“The addition of the Turkey map provides a seamless connection between Europe and the Middle East where we have extensive coverage,” stated Mary Hardwick, Vice President of Product Management Europe, Middle East and Africa. “Because NAVTEQ provides maps in standard formats using a single data specification, customers will be able to easily integrate the Turkey map into their regional solutions providing users of navigation, wireless location-based and fleet optimisation systems a continuous corridor of coverage from Oman to Portugal and Norway.”
NAVTEQ has the largest single database specification coverage in the Middle East including, along with Turkey, maps for the following countries and territories: Bahrain, Kuwait, Oman, Qatar, Saudia Arabia, and U.A.E.
Editorial Contact:
Sue Mather
Stanhope Communications
Tel: +44 (0)1342 833313
Email: suemather@stanhopepr.co.uk
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.
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 Annual Report on Form 10-K for the year ended December 31, 2006 and the Company’s Quarterly Report on Form 10-Q for the quarter ended April 1, 2007, 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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