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NAVTEQ Teams with ACME Innovation and ATX for My511 Demo at ITS World Congress
November 02, 2005 |
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Company: NAVTEQ
Features Personalized Traffic Routing and ACME's ParkingCarma™ Real-Time Parking Space Availability Engine Chicago, IL--NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, announces a demonstration that expands the existing 511 travelers information system's capability.The current Bay Area 511 system, provided by the Metropolitan Transportation Commission (MTC), provides standard travelers services, such as traffic and weather reports, transit schedules and high level directions.The enhanced My511 service includes voice-enabled dynamic content in automated, personalized routes, enables a caller to input specific starting point and end destination information and to generate a driving route based on their unique selections.NAVTEQ is providing the map data, off-board routing capabilities and processing of the dynamic data.Also a leading provider of dynamic traffic data information for vehicle navigation, NAVTEQ is leveraging its existing dynamic data processing and aggregating capabilities to power the My511 demonstration. "Real-time dynamic data vastly enhances a user's navigation experience," commented John MacLeod, Executive Vice President - Global Marketing and Strategy, NAVTEQ."NAVTEQ has proven capabilities to process and aggregate multiple dynamic data feeds, including ACME's real-time parking availability information, and we're working with MTC and ATX to further diversify the distribution of this data to users." To further enhance the current 511 system, NAVTEQ has collaborated with ATX Group, a leading provider of telematics services and integrated voice technologies, and ACME Innovation, an applied technology company for converged communications and enhanced points of interest.ATX provides the automated voice-enabled driving directions, with ACME Innovation providing its patent pending ParkingCarma™ technology to enable real-time parking availability at selected downtown San Francisco parking garages. "We are excited to be working with NAVTEQ on a voice-based service that provides so many benefits to the person on the go," said Dr.Tom Schalk, Vice President of Voice Technology for ATX."The My511 service not only tells you how long it will take you to get to your intended destination and dynamic content such as available parking and current traffic, but also allows routes to be stored for easy re-access when more direction is needed.The user can access detailed turn-by-turn information that generally is available to only those with visual navigation screen displays or GPS positioning technology." "ACME is proud to collaborate with NAVTEQ, ATX and MTC on this enabling project," said Rick Warner, Chairman and Chief Executive Officer of ACME Innovation, Inc."One of ACME's major objectives with our intelligent transportation systems, ParkingCarma™ and SmartParking™, is to improve commuter conditions and reduce traffic congestion.We believe that bringing real-time parking information to motorists furthers this objective, as motorists will be able to travel a more direct route to parking facilities without worrying that they may be turned away because the facilities are full."
About NAVTEQ NAVTEQ is a trademark in the U.S.and other countries.© 2005 NAVTEQ.All rights reserved.
About ACME Innovation Inc.
About ATX 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. |




