NVT - Source of GPS Software, Data, and Maps Message Board

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Technology Stocks : NVT - Source of GPS Software, Data, and Maps

NVT 114.34

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Oct 31 3:59 PM EST

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From: JakeStraw	5/23/2007 8:04:57 AM
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NAVTEQ to Expand Business Scope With New Awards From Major European Automotive Customer biz.yahoo.com Wednesday May 23, 3:00 am ET CHICAGO, March 23 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a leading provider of digital map data for vehicle navigation and location-based solutions, today announced BMW Group has selected it as the primary map supplier on BMW Group's newest navigation system and to lead a new pan-European marketing and distribution campaign for map updates. NAVTEQ was chosen to further expand its position as BMW Group's map supplier based on the strong historic relationship and its automotive grade map quality. BMW Group's designation of NAVTEQ for the map update program recognizes NAVTEQ's proven ability to drive an increase in customer satisfaction and business.

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