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NAVTEQ recognized for Technology Innovation of the Year in GIS

Frost & Sullivan has selected NAVTEQ as the recipient of the 2006 Technology Innovation of the Year Award for its development of its digital map database that enhances the utility of geographic information, location-based solutions and navigation systems. Frost & Sullivan presents this Award each year to a company that has
demonstrated technological superiority within its industry. This Award recognizes the ability of the company to successfully develop and introduce new technology, formulate a well-designed product family, and make significant product performance contributions to the industry. NAVTEQ, a global provider of digital maps for vehicle navigation and location-based solutions, not only maps roadways, but also provides data such as speed limits, lane configurations, and points of interest. NAVTEQ offers road infrastructure information in more than 50 countries. Currently, the company is focusing on demonstrating initiatives with partners that leverage GPS and its digital map database. NAVTEQ’s technological innovations in digital mapping are driving various navigation-based industries including in-vehicle navigation, location-based solutions, and government and enterprise applications.