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NAVTEQ Extends Agreement with DestinoGPS for an Additional Three Years - Mio brand devices will continue to be powered by the most comprehensive map of Mexico
NAVTEQ Extends Agreement with DestinoGPS for an Additional Three Years

 

PRZOOM - /newswire/ - Mexico City, Mexico, 2011/06/22 - Mio brand devices will continue to be powered by the most comprehensive map of Mexico.

   
 
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NAVTEQ, the leading global provider of maps, traffic and location data enabling navigation, location-based services and mobile advertising around the world, announced today that DestinoGPS, a leading navigation device retailer and the exclusive distributor of Mio brand PNDs in Mexico, has extended its contract with NAVTEQ for an additional three years in order to continue providing consumers with premium Mio devices featuring NAVTEQ® map data of Mexico.

“DestinoGPS has developed an extensive working relationship with NAVTEQ thanks to the quality of their map data and content for Mexico,” stated Gabriel Braun, General Director at DestinoGPS. “NAVTEQ’s high quality data enables us to offer added value to Mio customers by providing them with PNDs that feature the most accurate and comprehensive map of Mexico.”

Mio PNDs sold by DestinoGPS utilize the most recent version of NAVTEQ map data of Mexico to help guide people more safely, easily and quickly than ever before to their destination. Over 580,000 km of roads and NAVTEQ’s extensive POI database containing almost 300,000 listings such as restaurants, hotels, gas stations and banks are utilized in Mio PNDs.

“After five-years of collaboration, NAVTEQ and DestinoGPS have decided to continue offering consumers in Mexico an unrivaled navigation experience based on state-of-the art technology and high quality map data,“ stated Jim Dineen, director and general manager—Latin America, NAVTEQ. "As the industry grows more competitive, we are pleased to be the continued choice of map data provider for Mio brand devices sold by DestinoGPS."
Mio PNDs are available for sale in more than 5,000 stores across Mexico such as Best Buy, Costco, Liverpool, Office Depot, Palacio de Hierro, Radioshack, Sam’s Club and others. Mio PNDs can also be found at DestinoGPS stores throughout Mexico or online at destinogps.com.

About NAVTEQ
NAVTEQ is the leading global provider of location content in the form of maps, traffic and places data that enables navigation, location-based services and mobile advertising around the world. NAVTEQ supplies precise, comprehensive location content to power automotive navigation systems, portable and wireless devices, Internet-based mapping applications and government and business solutions. The Chicago-based company was founded in 1985 and has more than 5,600 employees located in 213 offices in 50 countries.

For more information on NAVTEQ, please visit corporate.navteq.com . This NAVTEQ press release and other news is available at press.navteq.com. Join NAVTEQ on Facebook at facebook.com/NAVTEQCompany and Twitter at @NAVTEQ.

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

About DestinoGPS
Destino GPS is a company dedicated to providing innovative satellite navigation solutions, a sales leader with the most expertise of any company in its field. Headquartered in Guadalajara, Mexico, the firm was founded in 2005 and currently employs 65 people work to make this one of the most cutting-edge PND companies. As a socially responsible company company, its clients include VW, GM, Renault, Nissan, Peugeot, MIO and Empaques recyclable paper (green technology). The exclusive products supplied by DestinoGPS are distributed by RadioShack, City Club, Best Buy, Office Depot, Palacio de Hierro, Sam’s Club, Costco, Liverpool and ZonaGPS, among others.

 
 
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Agency / Source: NAVTEQ North America, LLC

 
 

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NAVTEQ Extends Agreement with DestinoGPS for an Additional Three Years

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Contact: Diego Rendon Edleman - NAVTEQ.com 
+52 55 5350 1516 diego.rendon[.]edelman.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NAVTEQ North America, LLC securities in any jurisdiction including any other companies listed or named in this release.

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