Hungarian company utilizing NAVTEQ(R) map data and content in portable, wireless, automotive and enterprise LBS applications

CHICAGO, Jan. 14 — (PRNewswire) — NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions has reached an agreement with the Hungarian Nav N Go to supply global map data and content to the white label, navigation software developer.  The NAVTEQ data is to be utilized in a broad range of LBS applications including Nav N Go's iGO My way navigation application for iPhone.

Western European, full European and North American versions of Nav N Go's iGO My way application for iPhone, featuring NAVTEQ maps, are available from iTunes and App Store.  Quarterly map updates are included in the purchase price until the end of 2010.  As all maps are stored on the device, once downloaded, iGO My way needs only a GPS satellite signal – there are no monthly fees or hidden data roaming charges.

"In addition to mapping data, Nav N Go has already shown particular interest in using content such as speed limits, 3D City Models, extended lanes and voice phonemes in future projects," explained Serge Bussat, NAVTEQ vice president Consumer & Wireless Sales Europe.  "It is a dynamic and innovative company working across all our business sectors and I would expect many notable developments as a result of our collaboration."

Having established itself in portable navigation, Nav N Go has rapidly expanded into the wireless, automotive and enterprise markets which mirror NAVTEQ's own areas of expertise.  For example, Nav N Go's reputation in the automotive sector has been established following several significant deals with major brands – here working with tier one suppliers.  The company has also just developed its first product for the fleet business using NAVTEQ Transport™ data and, in the wireless space, is already dealing with a major handset manufacturer on the Android platform - as well as being live in the iPhone App Store.

Commenting on the new contract with NAVTEQ, Jim Nardulli, Nav N Go senior vice president of Sales, said, "We believe in the adage 'you are as good as the company you keep' and, as a smaller, hyper-innovative company, we want to align ourselves with the gold standard in the industry.  NAVTEQ defines the global standard in map data."

Nav N Go software is modular and platform agnostic and the company's entire range of services and products can operate on eight major systems including WindowsCE, QNX, Linux, iPhone and Android.  

About NAVTEQ  

NAVTEQ is the leading global provider of digital map, traffic and location data that enables navigation and location-based platforms around the world.  NAVTEQ supplies comprehensive digital map information to power automotive navigation systems, portable and wireless devices, Internet-based mapping applications and government and business solutions.  The Chicago-based company was founded in 1985 and has approximately 4,400 employees located in 195 offices and in 44 countries.

NAVTEQ is a trademark in the U.S. and other countries. All rights reserved. Other trademarks are the property of their respective owners.

ABOUT Nav N Go

Nav N Go is a dynamic, innovative software development company that offers the latest solutions for 3D satellite navigation, mobile applications and content/community services on a variety of platforms. The company also develops its own mobile games and digital maps. Founded in 2004, Nav N Go launched its first product in Germany at CeBIT 2006. Since then, it has formed partnerships with more than 70 hardware manufacturers worldwide, including Clarion Europe GmbH, LG Electronics and Sony Computer Entertainment Europe. The company provides reliable navigation solutions in more than 70 countries and in 45 different languages.

To find out more about Nav N Go please visit www.navngo.com.

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SOURCE NAVTEQ

Contact:

NAVTEQ Nav N Go Stella Smith of NAVTEQ Phone: +1-312-894-7614 Email Contact Bob Richter Phone: +1-212-802-8588 Email Contact for NAVTEQ Web: http://www.navteq.com