Uniden, a leading manufacturer of wireless consumer electronics, makes its first foray into the fast growing PND category with its MapTrax(TM) GPS352 and GPS402. Each MapTrax unit is preloaded with NAVTEQ(R) map data for the U.S. and Canada and offers user-friendly features, including turn-by-turn voice instructions, high-speed map processing and WAAS Mapping Accuracy. The units feature slim-line designs for easy portability as well as intuitive interfaces for easy navigation. The GPS352 and GPS402 units come with high-resolution, daylight viewable 3.5-inch and 4.0-inch LCD displays, respectively and two million points of interest (POI).
NAVTEQ(R) digital map data provides users with rich and accurate mapping information for an enhanced navigation experience as well as optimal routing. Users also gain access to NAVTEQ's comprehensive Points of Interest (POI) database which includes millions of restaurants, hotels, airports, gas stations, ATMs and other destinations across the U.S., Canada, and Puerto Rico.
"Uniden's industry-leading line of portable GPS navigation systems is a natural extension for our brand as we continue to expand our footprint in the consumer electronics industry," said Rich Tosi, president of Uniden America Corp. "Uniden intends to leverage its consumer electronics know-how with the best-in-class NAVTEQ map data in order to provide our customers with the best possible portable navigation experience."
"NAVTEQ is excited to enter a business relationship with Uniden, an acknowledged consumer electronics leader," said Winston Guillory, Senior Vice President, Consumer & Enterprise, NAVTEQ. "We are pleased to have our map data featured in the MapTrax line of PNDs and look forward to Uniden's success in this market."
Uniden's MapTrax line is available at retail outlets throughout the U.S. and Canada, including http://www.unidendirect.com/ .
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 2,200 employees located in 144 offices in 27 countries.
NAVTEQ is a trademark in the U.S. and other countries.
Uniden America Corporation, the North American subsidiary of Japan-based Uniden Corporation, manufactures and markets wireless consumer electronic products including cordless telephones, business telecommunications systems, networking and data products, GPS Navigation Systems, Digital Cameras, Bearcat(R) scanners, FRS/GMRS radios, marine radios and other wireless personal communications products. Based in Fort Worth, Texas, Uniden sells its products through dealers and distributors throughout North, Central and South America.
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 and "Item 1A. Risk Factors" in the Company's Quarterly Report on Form 10-Q for the quarter ended July 2, 2006, in each case 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.