NAVTEQ Announces Agreement With Telefonica for Mobile Product Innovation

Barcelona, Spain (ots/PRNewswire) -

NAVTEQ (NYSE: NVT), a leading global provider of digital map data
for vehicle navigation and location-based solutions, announced today
an agreement with Telefonica for the cooperative innovation of new
mobile traffic products for European markets. This relationship is a
milestone in the first phase of NAVTEQ Traffic(TM) presence in
Europe, and initial products are targeted for Barcelona and Madrid.
NAVTEQ Traffic currently serves the United States and Canada with
comprehensive real-time and historical traffic data services and
technology.

The agreement provides both organizations with a strong
foundation for future product advancements. NAVTEQ Traffic will
integrate comprehensive real-time content including sensor, GPS
probe, and incident data, and anonymous cell-based probe data will be
extracted from Telefonica's mobile communications network. The
breadth, detail, and diversity of these data sources will provide
maximum coverage and accuracy. Telefonica will provide broad
distribution of innovative high-quality consumer solutions to their
customers for popular mobile platforms. These products will provide
users with real-time roadway conditions reports including average
speeds and congestion levels.

"We're committed to working with global leaders, such as
Telefonica, in the application of new technologies and the
distribution of world class web and mobile dynamic content," said
Howard Hayes, Vice President Dynamic Content Services for NAVTEQ.
"The growing demand for real-time traffic products internationally
provides us with the opportunity to revolutionize mobile information
delivery through cooperative innovation."

The companies plan to release their first European consumer
products for the Barcelona and Madrid markets this year.

At GSMA Mobile World Congress, Fira De Barcelona, Spain, February
11-14, 2008, NAVTEQ is demonstrating its location content services
and solutions in booth 1G45 and Telefonica is featuring NAVTEQ
Traffic solutions in booth 8B178 and 8B185.

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 3,300 employees located in 167 offices and in 31
countries.

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

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 most recent Annual and Quarterly
Reports 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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Web site: http://www.navteq.com

ots Originaltext: NAVTEQ Corporation
Im Internet recherchierbar: http://www.presseportal.de

$story.getcontactHeadline()
Jennifer Schuh of NAVTEQ, +1-312-894-3913, jennifer.schuh@navteq.com;
or Bob Richter, +1-212-802-8588, bob@richtermedia.com, for NAVTEQ ;
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