Singapore, 30 October 2006 – Global provider of digital maps and dynamic content for navigation and location based solutions Tele Atlas has announced a license and distribution agreement with Beijing Changdi Youhao Mapping Technologies Co., Ltd., an affiliate of China-based Ritu Information Systems Inc. The agreement gives Tele Atlas Asia- Pacific full map coverage of 337 Chinese cities, complete with censor codes.
Formed in 1994, Changdi delivers digital maps to in-car, personal navigation, enterprise, GIS, Internet and wireless application and product providers. Tele Atlas Chief Operating Officer of Asia-Pacific Mark Steele said that the operations of Tele Atlas’ current mapping partner, SIS, will be combined with Changdi’s operations, and Tele Atlas will acquire the remaining 75 percent of the Tele Atlas/SIS joint venture “NaviAtlas,” making that company a wholly owned subsidiary of Tele Atlas. NaviAtlas will function as Tele Atlas’ marketing and sales company in China.
– About Ritu Information Systems Inc
Based in GuangDong, China, Ritu is a leading brand in the automotive navigation solution.
– About Tele Atlas
Tele Atlas delivers the digital maps and dynamic content that power navigation and location-based services. Founded in 1984, the company employs approximately 2,300 full-time staff and contract cartographers at offices in 20 countries around the world and uses a sophisticated network of professional drivers, mobile mapping vans and more than 50,000 data sources to continually update its maps. For more information, visit www.teleatlas.com.