CHICAGO, July 11 /PRNewswire-FirstCall/ -- NAVTEQ , a leading global provider of digital map data for vehicle navigation and location-based solutions (LBS), today announced that it will be offering NAVTEQ(R) map data in Oracle(R) Spatial 11g geocoding, routing and mapping format for location-enabling enterprise solutions.
The deployment of Oracle Database 11g with NAVTEQ map data will support applications such as business intelligence, utilities, field service, insurance, finance, transportation, and communications. As a member of Oracle PartnerNetwork and as an Oracle Database 11g beta program participant, NAVTEQ collaborated closely with Oracle to assure that NAVTEQ map data, NAVTEQ Transport(TM), NAVTEQ Traffic Patterns(TM), and NAVTEQ's line of real-time traffic products fully support the extended data schemas in Oracle Spatial 11g.
"NAVTEQ has had a long standing business and technology relationship with Oracle, and we pride ourselves in the ways we have successfully innovated the use and deployment of location data in enterprise applications," commented Roy Kolstad, Vice President -- Enterprise, NAVTEQ. "Together, NAVTEQ and Oracle have worked to advance and accelerate the use of digital map data bases in the enterprise arena."
About Oracle Database 11g
Oracle Database is the only database designed for grid computing. With the release of Oracle Database 11g, Oracle is making the management of enterprise information easier than ever; enabling customers to know more about their business and innovate more quickly. Oracle Database 11g delivers superior performance, scalability, availability, security and ease of management on a low-cost grid of industry standard storage and servers. Oracle Database 11g is designed to be effectively deployed on everything from small blade servers to the biggest SMP servers and clusters of all sizes. It features automated management capabilities for easy, cost-effective operation. Oracle Database 11g's unique ability to manage all data from traditional business information to XML and 3D spatial information makes it the ideal choice to power transaction processing, data warehousing, and content management applications.
About Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. http://oraclepartnernetwork.oracle.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 approximately 2,800 employees located in 167 offices and in 28 countries.
NAVTEQ, NAVTEQ Transport, and NAVTEQ Traffic Patterns are trademarked in the U.S. and other countries. (C) 2007 NAVTEQ. All rights reserved. Oracle is a registered trademark of Oracle Corporation and/or its affiliates.
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 Annual Report on Form 10-K for the year ended December 31, 2006 and the Company's Quarterly Report on Form 10-Q for the quarter ended April 1, 2007, as 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.
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