Rapid
expansion of the Eastern European database Continues: First NAVTEQ(R) map data
for Bucharest now available CHICAGO,
Sept. 13 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a leading global provider
of digital maps for vehicle navigation and location-based solutions, has added
a new country to its Eastern European database. Beginning in the third quarter
of 2005, digital map data of Romania will be available to direct customers for
the first time*.
Included in the map data release is detailed road network information
for Romania's capital, Bucharest and coverage of the main roadways linking 15
cities with a population of 25,000 or more.
The
addition of Romania to NAVTEQ's Eastern European coverage makes navigable travel
between neighbouring countries Bulgaria and Hungary possible. This means navigation
devices can now navigate across more borders: For instance from Germany via Austria
and Hungary to Romania.
NAVTEQ now covers more than 11,400 kilometres of
roads in Romania including Points of Interest (POI's) such as restaurants, hotels
and banks for 60 of the country's towns and cities including: Arad, Bucharest,
Brasov, Cluj-Napoca, Constanta, Craiova, Focsani, Galati, Iasi, Timisoara, Targu
Mures, Oradea, Pitesti, Satu Mare and Sibiu. The database contains over 1,500
points of interest (POI) in 40 categories such as service stations, restaurants
and train stations. Famous tourist attractions like the Transylvanian Bran Castle,
legendary home of Bram Stoker's Dracula, are also included in the Romanian map
data.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050913/CGTU041)
Romania
joins Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania,
Poland, Russia, Slovakia and Slovenia in its expanded European coverage.
*Due
to the highly complex process of updating and integrating NAVTEQ data into navigation
systems and location-based solutions, it may take up to a year before these new
maps are available to end customers in their navigation systems.
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
1,600 employees located in 122 offices in 21 countries.
NAVTEQ is a trademark
in the U.S. and other 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. These statements are based on our current beliefs
or expectations and are inherently subject to various risks and uncertainties,
including those set forth under the caption "Risk Factors" in the Company's Quarterly
Report on Form 10-Q for the quarter ended June 26, 2005, 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 as a result of new information,
future events or otherwise.
SOURCE NAVTEQ Web Site: http://www.navteq.com
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