CBS RADIO Broadcast New NAVTEQ Traffic Service
Chicago, Illinois, United States of America – NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, and CBS RADIO have teamed up to begin offering a new traffic information service via the Radio Data System (RDS) protocol. Through the use of CBS RADIO’s transmission facilities in major metropolitan markets across the country with a combined population of more than 120 million people, NAVTEQ Traffic RDS™ is displayed on Portable Navigation Devices (PND) and Personal Digital Assistants (PDA).
RDS traffic information enables navigation systems to display personalized, real-time traffic information for a driver’s chosen route and adjacent alternative routes. The new service, NAVTEQ Traffic RDS, links up-to-the minute traffic information to map data and enables wireless transmission directly to a navigation device. NAVTEQ Traffic RDS includes data from multiple sources across the nation, including commercial traffic data from Westwood One’s Metro/Shadow, government departments of transportation, police and emergency services, road sensors, cameras and airborne reports.
The solution aggregates available data including:
- Planned incidents (such as construction)
- Unplanned incidents (such as accidents and disabled vehicles)
- Traffic flow conditions (slow or stationery traffic)
Traffic professionals in NAVTEQ’s 24/7 Operations Center monitor and corroborate traffic information in order to offer the best available FM RDS traffic information in each local NAVTEQ Traffic RDS market.
“As the North American navigation industry continues to gain momentum, the consumer demand for accurate traffic information has also increased,” commented John MacLeod, Executive Vice President, NAVTEQ. “NAVTEQ is committed to responding to the needs of our customers, and delivering traffic information via RDS broadcasting enables us to provide our reliable and personally-relevant traffic product to an extended customer base and driving audience.”
NAVTEQ Traffic RDS joins NAVTEQ Traffic, creating a portfolio of real-time, dynamically delivered content products.
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 1,900 employees located in 131 offices in 23 countries. NAVTEQ is a trademark in the U.S. and other countries. © 2005 NAVTEQ. All rights reserved.
About CBS RADIO
CBS RADIO is one of the largest major-market operators in the United States with stations covering news, alternative rock, country, FM talk, classic rock, oldies, JACK and urban formats, among others. A division of CBS Corporation, CBS RADIO operates 179 radio stations, the majority of which are in the nation’s top 50 markets. CBS RADIO also has made aggressive moves to converge new and traditional media through creative programming and advanced delivery methods, including online streaming, HD Radio and podcasting. In May 2005, CBS RADIO launched the world’s first podcast programmed radio station, KYOURADIO. Additionally, CBS Radio is home to 29 of the country’s leading sports franchises amongst MLB, the NFL, the NBA, the WNBA and the NHL, including the New York Yankees, New York Mets, Chicago White Sox, New England Patriots, New York Giants, Chicago Bears and the Detroit Red Wings. For more information on CBS RADIO, please visit www.cbsradio.com
About Westwood One
Westwood One (NYSE: WON) provides over 150 news, sports, music, talk, entertainment programs, features, live events and 24/7 formats. Through its subsidiaries, Metro Networks/Shadow Broadcast Services, Westwood One provides local content to the radio and TV industries including news, sports, weather, traffic, video news services and other information. SmartRoute Systems manages traffic information centers for state and local departments of transportation, and markets traffic and travel content to wireless, Internet, in-vehicle navigation systems and voice portal customers. Westwood One serves more than 5,000 radio stations. Westwood One is managed by CBS RADIO.
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 "Item 1A. Risk Factors" in the Company’s Annual Report on Form 10-K for the year ended December 31, 2005, 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.