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WirelessDevNet.com Press Release

NAVTEQ Announces 2nd Annual Global LBS Challenge


CHICAGO, Oct. 25 -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, announced the launch of its second LBS Challenge. The contest challenges developers to build location-enabled applications for wireless devices.

The second annual LBS Challenge is an expansion of the first contest that was launched in October 2003. This year's contest expands the potential contestant base beyond North America to include developers from around the world*. The Global LBS Challenge is poised to meet increasing interest from developers, carriers, and device manufacturers and play an important role in heightening the awareness of new value-adding location-based services (LBS) to the wireless industry.

Sponsors of the Global LBS Challenge include ESRI, Microsoft Corp., SiRF Technology, Inc. and Telcontar. In addition, Directions Magazine and Wireless Innovation Network of British Columbia (WINBC) are both serving as media sponsors of the Challenge.

In addition to including developers outside of North America, the Global LBS Challenge offers developers six solution categories with which their applications can be aligned.

Solution Categories

  • Personal Security
  • Peer to Peer/Find Me
  • Navigation/Point of Interest Look Up/Traffic
  • Commerce/Advertising/Buying/Billing
  • Asset Tracking/Field Services
  • Gaming/Location Based Imaging

    The official contest kick-off takes place at the 2004 CTIA Wireless I.T. & Entertainment show held in San Francisco, CA on Monday, October 25 in rooms 3022/3024 at the Moscone West Center. The two-hour program will include an overview of the contest and the latest insight and news from industry experts. Attendees of the kick-off will also have the opportunity to learn about the four sponsors' developer tools that will be available to all official contestants, free of charge, for the duration of the contest.

    Registration for the contest is currently open and will close at midnight Central Time on November 22, 2004. All contest solution entries must be submitted on or before midnight on January 31, 2005 and received by midnight on February 4, 2005. The winners -- for each of the six solution categories as well as one grand-prize winner -- will be announced at the 2005 CTIA Wireless Expo in New Orleans, LA in March 2005. Executives from wireless carriers, hardware and device manufacturers and other influential players in the wireless industry will judge the semi-final solutions and select the winners. The judges will base their final decisions on two criteria: usability and utility.

    The grand-prize winner will receive $50,000 in cash and $100,000 worth of NAVTEQ Map licenses for up to one year. Each category winner, other than the Grand Prize Winner, will receive $10,000 in cash and $75,000 worth of NAVTEQ Map licenses for up to one year.

    "The feedback we received after last year's contest was that we had succeeded in creating real energy and excitement around LBS in the wireless industry. We definitely wanted to continue that momentum and, as evidenced by the companies sponsoring this year's Challenge, so did many other big players in the industry," commented Winston Guillory, Senior Vice President - North American Sales. "Application developers from across the globe have already begun to register so we know the developer community is eager to get their new creative LBS solutions in front of the carriers, the industry and end users." * For more information about contestant eligibility, see the official contest rules at http://www.lbschallenge.com/index.html .

    About NAVTEQ
    NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices and Internet-based mapping applications. 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 1,400 employees located in over 100 offices in 20 countries.

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



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