Barcelona, Mobile World Congress, 16 February 2010
Tele Atlas the world leader in high quality digital maps and dynamic content, and TeleNav, Inc., one of the largest wireless navigation service providers in North America, have announced a renewed multi-year license agreement whereby TeleNav uses Tele Atlas maps and dynamic content to power a range of wireless navigation applications and its connected personal navigation device. The agreement marks an extension of the companies’ current partnership, which began in 2006.
Though the agreement, Tele Atlas maps are featured in TeleNav-powered navigation services, internet applications and applications designed for the automotive industry. TeleNav mobile navigation powered by Tele Atlas is available for end users with multiple wireless carriers in the U.S. and via major handset manufacturers. Also, as announced last month, all Ford vehicles sold in North America equipped with the new premium navigation option for MyFord Touch driver connect technology feature SD card navigation, which is supplied by TeleNav with Tele Atlas maps and location content. The same Tele Atlas maps of North America that power these applications and products were recently rated highest for quality and reliability in certified tests.
“We are committed to providing our customers with a reliable and stress-free experience,” said HP Jin, president, CEO and co-founder of TeleNav. “There is nothing worse than getting the wrong directions from a navigation service that uses unproven and untested map data. We have worked with Tele Atlas over the years because of the company’s ongoing focus and commitment to excellence and its ability to enhance maps with community input and innovative location-based content.”
“We are very pleased to extend our longstanding relationship with TeleNav, a key player in LBS and mobile resource management,” said Peter van der Fluit, Senior Vice President of Sales and Marketing, Tele Atlas. “TeleNav is focused on delivering a mobile experience that enables consumers to be efficient in their personal lives and businesses to improve the productivity of their mobile staff. Tele Atlas is uniquely positioned to support TeleNav’s commitment to this experience and further expand its offerings into new markets.”
The extended agreement gives TeleNav access to Tele Atlas’ digital map content and products, including more than 12 million points of interest (POIs), precise Address Points, 3D Landmarks and 2D City Maps, which give users maps that more closely reflect their surroundings. The agreement also provides TeleNav access to Voice Maps, which enable text-to-speech guidance with verbal instructions and turn-by-turn spoken street names.
Financial terms of the agreement were not disclosed.
About Tele Atlas
Tele Atlas delivers the digital maps and dynamic content that power many of the world’s most essential navigation and location-based services (LBS). Through a combination of its own products and partnerships, Tele Atlas offers map coverage of more than 200 countries and territories worldwide. The company was founded in 1984 and has offices in 27 countries around the world. Today, Tele Atlas maps are developed with the insight of a community of millions of GPS system users worldwide, who are adding to the company’s unmatched network of sources to track and validate changes in real time, and deliver the best digital maps and dynamic content. For more information, visit www.teleatlas.com or http://investors.tomtom.com/index.cfm . Tele Atlas is a subsidiary of TomTom N.V. (AEX: TOM2).
About TeleNav Inc.
TeleNav, Inc. is a leading provider of location based services, or LBS, including voice guided navigation, on mobile phones. TeleNav’s LBS solutions provide consumers and enterprises with convenient and easy to use location specific, real time and personalized features and functions. TeleNav’s flexible and proprietary LBS platform enables it to efficiently provide its LBS to millions of end users, across more than 500 types of mobile phones, all major mobile phone operating systems and a broad range of wireless network protocols. TeleNav’s wireless carrier partners include Alltel, AT&T, Bell Mobility, Boost Mobile, China Mobile, Cincinnati Bell, NII Holdings, Rogers, Sprint Nextel, T-Mobile UK, T-Mobile USA, Telcel, Telecom Italia Mobile, Verizon Wireless and Vivo Brazil. TeleNav’s other partners include Ford Motor Company, Hewlett-Packard, HTC, INRIX, LG, Motorola, NAVTEQ, Nokia, Palm, Qualcomm, Research In Motion, Samsung, Sanyo and Tele Atlas. TeleNav is headquartered in Sunnyvale, California.