NAVTEQ Announces North AmericanGlobal LBS Challenge Semi-Finalist Winners
Grand Prize Winner to be Announced at CTIA in Las Vegas, NV on April 6
NAVTEQ (NYSE: NVT), a
leading global provider of digital map data for vehicle navigation and
location-based solutions, announced the North American semi-finalists
for the NAVTEQ Global LBS Challenge(TM). The Challenge is a
program encouraging application developers from around the world to
build innovative location-based service (LBS) applications that work
with portable devices using dynamic positioning technology and
Over 140 companies registered LBS applications, with 14 semi-finalists
now advancing to final judging, which will be conducted on April 6 at
CTIA Wireless in Las Vegas. The semi-finalists represent a broad
spectrum of wireless applications in four categories: Navigation,
Business Applications, Entertainment and Leisure, and Social
Networking. Semi-finalists were selected based on each
competitor's commercial feasibility, functionality and design.
Executives from wireless carriers, hardware and device manufacturers,
industry analysts and venture capital firms in the wireless industry
will select the 2006 North America grand prize winner from the pool of
semi-finalists. NAVTEQ will name one winner per solution category,
presenting each with $10,000 cash and $75,000 in NAVTEQ data licenses
for up to one year. Of the category winners, one will be
designated the Grand Prize Winner, and receive $50,000 cash and
$100,000 in NAVTEQ map data licenses for up to one year (in lieu of the
The following companies and their respective LBS applications will
advance to the final official judging at CTIA in April (listed by
2006 GLOBAL LBS CHALLENGE SEMI-FINALISTS
Company: Intelligent Spatial Technologies
Application: The iPointer device associates coordinates received
from a GPS device with a built-in magnetic compass to identify an
Company: Skyhook Wireless
Application: A browser toolbar/plug-in, called Loki, that allows
WiFi users to identify their current location and incorporate it into
their Internet browsing session.
Application: TCS Places is a location-enabled white-label application
for maps, directions and points of interest. TCS Places extends
the reach of leading consumer-brands to mobile consumers by
combining branded content with easy-to-use mobile functionality.
Company: Route 66
Application: An onboard cell phone navigation product that provides
turn-by-turn driving, biking or walking directions.
Business Applications Category
Application: A fully-featured location-based enterprise solution
that allows users to create their own LBS content and share it with
Application: An application that allows vendors to deliver coupons,
advertise and send special discount offers to a consumer's GPS-enabled
Company: Clarity Communications
Application: Where2Talk(TM) is a location-enabled Push-To-Talk (LEPTT)
application that combines the communication immediacy and group
call capabilities of PTT with location information to create a
truly unique service of particular value to enterprises (using handsets
or a desktop interface).
Company: e-Pro Realty
Application: A real estate LBS solution helping buyers and/or real
estate agents find properties for sale using live data.
Entertainment & Leisure Category
Company: Loc-AID Technologies, Inc.
Application: LOC-AID(R) Treasure is a location-based treasure hunt game
played on a mobile phone.
Company: Cutlass Inc.
Application: A gaming application allowing players to engage in cell
phone-based messaging of proximity clues on where to locate a "host
Application: Jewel Chaser(R), a 3D LBS game, puts players in the
role of detective, deciphering clues and navigating their way through
the realworld in order to capture runaway thieves.
Social Networking Category
Application: Mobile Pooch allows users to adopt and customize a virtual
pet to share interactive games, buddy lists, and virtual experiences
with friends and family.
Application: Socialight is a platform for organizing and distributing
location-based content, allowing personal and professional producers to
publish location-based messages containing images, text and sound.
Application: An application that provides mobile proximity-based social
networking, business intelligence and job seeker tools for the
NAVTEQ Global LBS Challenge Awards Ceremony
April 6, 2006 at 3 pm
Rooms N258-260, Las Vegas Convention Center
NAVTEQ is a leading provider of comprehensive digital map
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
approximately 1,900 employees located in 131 offices in 23 countries.
NAVTEQ and Global LBS Challenge are trademarks in the U.S. and other
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
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.
Published Wednesday, March 1st, 2006