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NAVTEQ Lands Agreement with uLocate Communications
Written by NAVTEQ
Thursday, 03 April 2008
NAVTEQ® Maps to Provide Data for Applications on WHERE™ and Buddy Beacon™
Las Vegas, NV – April 2, 2008 – NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions and vehicle navigation, today announced from CTIA WIRELESS 2008 that uLocate Communications, Inc. will utilize NAVTEQ map data for applications running on the WHERE platform and Buddy Beacon products in the U.S. and Europe.
The WHERE platform enables consumers to easily connect with the world around them by choosing which types of location-based content they want to use. WHERE offers consumers a choice of over 60 unique location-based applications, including options for local search, weather, events, news, shopping and friend finding. These applications will now utilize NAVTEQ data to deliver the most advanced and accurate digital mapping solutions available.
WHERE also provides developers with the tools and distribution power to bring their creative ideas for location-based applications to market. The platform has gained widespread industry recognition as the premier method for developing and distributing location-based content. To date, nearly 1000 developers have registered in the WHERE Developer Program, including 10 out of 15 of the semifinalists in this year’s NAVTEQ Global LBS Challenge® – Americas. NAVTEQ will also provide data for uLocate’s industry-leading, mobile friend-finding product, Buddy Beacon. With Buddy Beacon, consumers are able to leverage the power of location-based technology to connect with their friends, share their location and update their status on a number of online social networking sites. Buddy Beacon offers cross-carrier functionality and is currently available on five North American carriers.
“Through WHERE, we have brought more location-based applications to consumers than any other developer or publisher worldwide,” said Walt Doyle, CEO, uLocate Communications. “NAVTEQ provides comprehensive mapping data, and we look forward to providing its technology to developers and brands that use WHERE to reach a location-enabled audience.”
"We are pleased to be the primary provider for uLocate as they leverage the power of the WHERE platform to drive the availability and ubiquity of location-based services across the wireless space,” said Jeff Mize, executive vice president, sales, NAVTEQ. “uLocate is a major player in the wireless LBS industry, and we look forward to their continued success and involvement in the Global LBS Challenge and other cutting-edge developer arenas.”
For more information about the Global LBS Challenge, see the official contest rules at www.LBSChallenge.com.
About uLocate Communications uLocate Communications is the leading publisher of wireless location-based applications. For more information, please visit www.ulocate.com.
About WHERE WHERE, a service of uLocate Communications, Inc., is a wireless application that provides people with a single point of access to the world’s most comprehensive library of location-based content. With WHERE, consumers can connect with the world around them and customize their experience by choosing which location-based applications they want to use. Each of these applications, including options for local search, news, weather, events and friend finding, deliver contextual content based on a user’s current location. For more information, please visit www.where.com.
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 more than 3,300 employees located in 174 offices and in 32 countries. NAVTEQ and NAVTEQ Global LBS Challenge are trademarks 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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