Global Positioning Systems (GPS)
Tele Atlas Selected to Power Garmin Navigation Devices
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First Products to Launch in Growing Asia Pacific Region
'S-HERTOGENBOSCH, Netherlands, May 3 -- Tele Atlas (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, today announced it has signed an agreement with Garmin International, Inc., a unit of Garmin Ltd. Tele Atlas will initially provide the digital maps for the Garmin GVN 52 in Malaysia and Singapore, with further opportunities expected in other emerging markets.
"Garmin is dedicated to developing quality products that give customers the best possible experience, and we are proud that Tele Atlas will play an important role in delivering on that promise," said George Fink, president and chief operating officer, Tele Atlas. "With this agreement, seven of the eight top portable navigation companies worldwide now trust Tele Atlas for rich, fresh and accurate map data."
"We are looking forward to a rewarding relationship with Tele Atlas that will help Garmin extend its reach in these growing markets," said Dan Bartel, vice president of worldwide sales, Garmin. "Accurate and reliable maps are crucial to navigation, and this agreement allows us to continue offering best-in-class Garmin products."
The newly-launched GVN 52 is a "black-box" GPS navigation system that features Garmin's robust GPS hardware and award-winning user interface and is designed to be integrated with mobile audio/video entertainment systems. Users may look up and route directly to a specific address or point of interest such as a restaurant, hotel, store, gas station or bank and receive turn-by-turn, voice prompted directions that include street names. Other features that can be built into Garmin's GVN 52 include touch screen communication, wireless remote, dead reckoning and wireless information such as traffic alerts.
About Tele Atlas
Tele Atlas delivers the digital maps and dynamic content that power some of the world's most essential navigation and location-based services. The information is the foundation for a wide range of personal and in-car navigation systems and mobile and Internet map applications that help users find the people, places, products, and services they need, wherever they are. The company also works with business partners who trust its digital map data to deliver critical applications for emergency, business, fleet, and infrastructure services. Founded in 1984, Tele Atlas has approximately 2,400 full-time staff and contract cartographers at offices in 24 countries and uses a sophisticated network of professional drivers, mobile mapping vans, and more than 50,000 data resources to deliver highly accurate and up-to-date digital maps. Tele Atlas is listed on the Frankfurt Stock Exchange (TA6) and on Euronext Amsterdam (TA). For more information, visit http://www.teleatlas.com/.
About Garmin International Inc.
Through its operating subsidiaries, Garmin Ltd. designs, manufacturers, markets, and sells navigation, communication and information devices and applications -- most of which are enabled by GPS technology. Garmin is a leader in the consumer and general aviation GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin, is a registered trademark, and GVN 52 is a trademark of Garmin Ltd. or its subsidiaries.
CONTACT:
Erin Delaney of Tele Atlas North America,
+1-617-570-6352,
erin.delaney@teleatlas.com,
or Dirk Snauwaert of Tele Atlas EMEA,+32
Source: Tele Atlas
