Rogers Wavefront Innovation Mentorship Program

Rogers Wavefront and Rogers present a national development program designed to provide early stage wireless technology companies in Canada with comprehensive support, coaching and resources positioning them for long-term commercial success. [+]

Entrepreneurship at Wavefront
Twelve great early-stage B.C. wireless companies were chosen for 2nd annual 12-month program; Receiving Wavefront office space & access to Wavefront's expert advisory, training, testing & market linkage services. [Check Out Winners]

Wireless Startups: Looking for Incubator Space?

Wavefront Accelerator CentreThe Wavefront Accelerator Centre in downtown Vancouver is actively seeking innovative wireless start-ups to join its talented family of wireless entrepreneurs; now 2x capacity @14,000 sq ft. Rental packages start from $250/mo. Spots going fast, so APPLY TODAY.

Wavefront Accelerated Program with NRC-IRAP

Canadian MoneyProviding wireless and new media developers with financial assistance for easier access to Wavefront's commercialization resources: strategic assessment, technical preparation/consulting and biz dev support. [+]

 
 
 

December 17, 2007

NAVTEQ Signs as Founding Member with Wavefront. Agreement Helps Canadian Wireless Developers Improve Speed to Market.

NEWS/EVENTS
PRESS RELEASES

DECEMBER 17, 2007

NAVTEQ Signs as Founding Member with wavefront. Agreement Helps Canadian Wireless Developers Improve Speed to Market.

 

NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions (LBS), announced today a signed agreement with wavefront-a new not-for-profit organization in British Columbia that provides test and commercialization services to developers of mobile applications-in which NAVTEQ, along with a select group of leaders in the wireless telecommunications industry, will become a founding member of wavefront.

"We are very pleased to have NAVTEQ, an acknowledged leader in the provision of premium-quality digital map data, join as a founding member of wavefront," said James Maynard, president, wavefront. "This collaboration will provide British Columbia's rapidly growing LBS developer community with the tools and expert advice they need to develop compelling mobile navigation and location-based services for the marketplace."

The British Columbia (BC) provincial government has shown its strong support of the wireless industry through its recent funding of $5 million to help wavefront with startup and operational costs, including BC's first wireless technology centre. Working together with its established organizations, wavefront provides the wireless developer community with neutral, independent test services and the market knowledge to enable rapid commercialization. The recent agreement between wavefront and NAVTEQ will provide wireless developers with access to such premium resources as NAVTEQ® map data and the NAVTEQ Network for Developers™ (NN4D), a dynamic online web portal that provides developers and business partners with the technical and business support needed to build, showcase and launch the most innovative location-enabled solutions.

"wavefront will help enable a great number of wireless developers to meet the rigorous requirements of national and international mobile operators in a cost-effective manner," commented Winston Guillory, senior vice president, consumer and enterprise, NAVTEQ. "As a founding member of wavefront, NAVTEQ is continuing its ongoing commitment to helping the developer community build and launch the next generation of location-enabled applications."

For more information on NAVTEQ Network for Developers, visit www.NN4D.com.

About Wavefront
wavefront is the commercialization bridge between the wireless developer community and the mobile operators, government and enterprises that are deploying new wireless products and services. In collaboration with its established partners, wavefront provides the developer community with neutral, independent test services and the market knowledge to enable rapid commercialization. For more information on wavefront, visit www.wavefrontac.com, or send email to larry.cayer -at- wavefrontac.com.

About NAVTEQ Network for Developers
NAVTEQ Network for Developers (NN4D) is a dynamic online web portal that provides developers and business partners with the technical and business support needed to build, showcase and launch the most innovative location-enabled solutions. Connect with the people, tools and resources you need to grow your business by visiting www.NN4D.com.

About NAVTEQ
NAVTEQ is a leading provider of comprehensive digital map information 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 over 3,100 employees located in 167 offices in 31 countries.

NAVTEQ is a trademark in the U.S. and other countries. © 2007 NAVTEQ. All rights reserved.

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. The statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under "Item 1A. Risk Factors" in each of the Company's most recent Annual and Quarterly Reports 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.

For more information, send e-mail to jennifer.schuh -at- navteq.com.

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