NAVTEQ (NVT) Secures All NAVIGON Off and Onboard Business for Three Years

June 9, 2008 10:30 AM EDT

NAVTEQ (NYSE: NVT) has reached a three year agreement for Europe to provide NAVIGON with maps as a preferred supplier. The agreement covers onboard navigation across all NAVIGON's PNDs plus software products for other PND brands and mobile phone customers worldwide. This is in addition to a recent contract to supply mapping products for NAVIGON's off board business.

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