Agreement Now Includes Access to Entire NAVTEQ(R) Map Database
"MapQuest has remained a leader in online mapping by providing users with reliable maps and directions, high quality data, and easy-to-use features," said Christian Dwyer, senior vice president and general manager, MapQuest, Inc. "Our agreement with NAVTEQ helps ensure that we continue to provide users with the best experience possible."
The inclusion of the entire NAVTEQ database further optimizes MapQuest's location offerings by providing rich map content beyond the U.S. NAVTEQ map data spans 73 countries and territories on six continents, and includes some of the fastest growing economies in the world such as Brazil, Russia and India.
"NAVTEQ has worked closely with MapQuest for many years and we look forward expanding our business relationship," said Jeff Mize, executive vice president, sales, NAVTEQ. "With this increased access to our entire NAVTEQ database, MapQuest can now develop compelling location solutions that affect consumer activity worldwide."
*comScore Media Metrix, March 2008, based on unique visitors
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 3,500 employees located in 174 offices and in 32 countries.
NAVTEQ is a trademark in the U.S. and other countries. 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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