NAVTEQ Named Oracle's 2005 Spatial Excellence Award Winner

NAVTEQ (NYSE: NVT - News), a leading global provider of digital map data for vehicle navigation and location-based solutions, earned the honor of 2005 Oracle® Spatial Partnership Award Winner. The Oracle Spatial Partnership Award given by Oracle is one in a series known as the Oracle Spatial Excellence Awards (OSE's). The first annual OSE's (or Ozzie's) were created by the Oracle Server Technologies Spatial organization to recognize organizations that have contributed to the advancement of mainstream enterprise solutions using geospatial technology.

The OSE Awards were given in four categories including Oracle Spatial Innovator, Oracle Spatial Integrated Enterprise, Oracle Spatial Education and Research, and Oracle Spatial Partnership. NAVTEQ was named the Oracle Spatial Partnership winner amongst approximately 100 companies recognized as Oracle Spatial partners. The Oracle Spatial Partnership Award was granted to the organization that has done the most to support and develop the Oracle Spatial users' community. NAVTEQ was chosen as Oracle Spatial partner of the year because of its leadership in driving the integration of geospatial information into the enterprise. NAVTEQ maps are particularly well suited to enable the advanced location functionality offered by Oracle Database 10g and Oracle Spatial because the maps provide a precise and detailed representation of the road network necessary for sophisticated routing, geocoding and raster image management.

"Oracle 10g stands as a testament to Oracle's commitment to helping customers derive real business value through the integration of spatial data into the enterprise. We've been working closely with Oracle to support this objective and are thrilled to be recognized for our efforts and focus on spatially enabling the enterprise," commented Bob Denaro, Vice President & General Manager, NAVTEQ Business Solutions.

"Oracle is honored to recognize NAVTEQ for their leadership position in the formation of the North American Oracle-Spatial Special Interest Group and their work to make high quality digital map data widely available to the Oracle Spatial community," said Jim Steiner, Senior Director, Oracle Server Technologies.

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 1,500 employees located in over 100 offices in 20 countries.

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

Oracle, JD Edwards, PeopleSoft, and Retek are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

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. These statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under the caption "Risk Factors" in the Company's Registration Statement on Form S-3 (Registration No. 333- 123628), as amended, 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 as a result of new information, future events or otherwise.




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Source: NAVTEQ

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