check out daily trades since august for TAM 927101
u.s. investors getting heavily in
more dynamic partnerships ahead.
be aware: the fox is on the run !
Monday August 28, 5:33 pm Eastern Time
Tele Atlas--TeleType Deal Puts European Navigation in Your Pocket
BOSTON & BELGIUM--(BUSINESS WIRE)--Aug. 28, 2000--A newly-signed deal between Tele Atlas, a world leader in digitized maps, and software development specialist TeleType Co. means detailed mapping data for Europe will shortly become available for use on the emerging generation of hand-held PDAs (personal digital assistants).
The combination of Tele Atlas data and TeleType Global Positioning System (GPS) software will enable users to plot travel on interconnecting highways and right down to street level throughout Europe. In combination with GPS receivers these devices become navigation aids for use in a vehicle or on foot. TeleType Co. recently launched a low-power PCMCIA GPS receiver, complete with GPS software and map information, specifically for this purpose.
TeleType GPS software is a versatile mapping system for land, air, and water navigation designed specifically for Windows(TM) CE computers such as the new Pocket PC. The GPS software uses high quality map data supplied by Tele Atlas, who also supply map data for use in dedicated automotive navigation systems.
``Tele Atlas has the most detailed, up-to-date and comprehensive digitized mapping data of Europe covering 14 countries,`` says Filip Neirynck, Product Manager at Tele Atlas. ``The quality of this database is demonstrated in our market leadership in the European navigation CD market. When this data becomes available for use with GPS software, users will be able to find their way around Europe with ease.``
``The data is sold on CD and is loaded into the hand held via a PC or laptop,`` explains Marleen Winer, Vice President at TeleType Co. ``We have a proprietary data compression technique allowing our program to store several U.S. states including complete street level maps onto one storage flash card.
``Our decision to partner with Tele Atlas is important as it gives us access to the best European digital vector mapping data. This partnership is helping us as we are actively establishing distributors and dealers for our European network to market this new product range.``
Product and company names mentioned herein may be trademarks or registered trademarks of their respective owners.
Background information for editors
Tele Atlas is the world leader in digital mapping technology. Based in Gent, Belgium, Tele Atlas employs 1,200 people in 14 countries world-wide, and is operational in both the navigation and non-navigation markets. Tele Atlas has the largest uniform digital road map of Europe covering about 264 million inhabitants. Following the recent acquisition of ETAK, Tele Atlas now has the complete US network in digital form as well. A continuing investment in field research ensures these databases are always up to date. The company promotes an open data policy, which it believes to be essential for the healthy growth of the industry. This open and universal approach to formats has prompted many navigation system manufacturers to choose Tele Atlas as their preferred business partner.
Tele Atlas CDs are supplied for the Blaupunkt TravelPilot, VDO Dayton, Clarion and Kenwood platforms. As a result, the company has access to almost 75% of the market of in-car navigation systems in Europe, of which 43% is exclusive.
TeleType Company is a software development company based in Boston, founded in 1981. It specializes in software system integration and has produced cutting edge products for a variety of industries. TeleType Co. continues to be at the forefront of integrating the Global Positioning System with handheld computers. Its TeleType GPS product creates a unique solution for land, air, and water navigation and tracking. GPS software solutions include support of Windows CE and Pocket PC for vehicle navigation, fleet tracking, and geographic information systems data collection. Current hardware solutions include low power GPS receivers. The company is expanding to support additional emerging technologies for GPS solutions based on satellite communications and two-way paging and offers consumer and OEM products. Its ambition is to produce the most versatile and user-friendly GPS system in the world incorporated into mobile devices.
Thursday July 20, 10:51 am Eastern Time
Company Press Release
Webraska chosen by Airtel as provider of WAP traffic, navigation and proximity services in Spain
-- Webraska adds fifth country to its European coverage
POISSY, France--(BUSINESS WIRE)--July 20, 2000-- -- Webraska provides location-based services: traffic, navigation and
Webraska Mobile Technologies, the world`s first provider of maps, traffic information and navigation services on Internet mobile phones, has been selected as provider of traffic information, proximity and navigation services by Airtel, Spain`s second largest mobile telephony operator.
Webraska`s services are available to Airtel Conect@ WAP portal subscribers at no extra cost, as users will be charged for connection time only.
Airtel Conect@ subscribers will enjoy Webraska`s multi-modal door-to-door directions, available for all of the country`s major cities. They will also be able to locate the nearest facilities such as car parks, petrol and railway stations etc. and obtain instructions on how to reach them. The digital cartography data is provided by Tele Atlas.
Users of the country`s motorways will also benefit from Webraska`s real-time traffic information services. These display graphically, on the user`s phone screen, where congested areas are: a black area indicates the road is ``jammed``, grey shading points out where traffic is heavy and white represents a free-flowing stretch of road.
``We chose Webraska for its prestige and knowledge in the WAP area, as well as for its ability to offer turnkey services and solutions for every link of the value added chain in maps, applications and location-based systems``, commented Fernando Dietta, Product Manager, Products & Services Development Department of Airtel. ``The satisfactory progress of the work they provide other operators, their dedication and ability to work in partnership with the Airtel team were additional key factors in our decision``.
``The Spanish market is one of the most dynamic worldwide in terms of mobile phones penetration, which is today over 50%, and usage. Airtel has been playing an active part in this process and has made a commitment to continue to develop the market by bringing the most useful and advanced services to its subscribers. We are very proud to be able to take part in this trend towards making ever more value-added services available to the public``, added Jean-Michel Durocher, CEO and founder of Webraska.
Airtel was created in 1995. It is today Spain`s second largest telecommunications operator, and the first integrated operator to provide fixed and mobile telephony as well as Internet services. Only five years after its establishment, Airtel today relies on over 6 million customers, covers 99% of the Spanish territory and generates revenues of 339,606 m pesetas (1999 figure). Airtel employs 4,000 people directly and 8,000 indirectly.
Webraska provides real-time maps, traffic, and location-based personal navigation services for Internet mobile phones. Both a value-added service provider and a mapping and navigation application service provider, Webraska`s goal is to offer a worldwide, up-to-date, person-based and flexible alternative to CD/DVD-ROM car-centric navigation systems.
In addition to its patented Internet-based Distributed Navigation, Webraska provides wireless carriers with a complete suite of turnkey personal navigation applications, originally designed with leading French operator SFR, and carefully crafted to make the best out of each access mode (WAP, Internet, SMS, IVR, PDA, Call Centre, car equipment).
Webraska also offers an Application Programming Interface (API) that allow carriers and their partners to add door-to-door directions, mapping, geocoding and enhanced spatial searching based on shortest journey-time to all their applications (location-based services, mobile e-commerce, games, city guides, fleet management, mobile Extranet, etc.).