NAVTEQ Cited For Innovation

Digital map maker NAVTEQ has been selected by Frost & Sullivan to receive the company's 2006 Technology Innovation of the Year Award, the firm announced today.

Frost & Sullivan cited NAVTEQ for its work in Geographic Information Systems, for its commitment to maximizing the utility of digital map data and for promoting the advancement of the navigation industry.

Frost & Sullivan, a global consulting company, presents the award each year to a company that has demonstrated technological superiority within its industry and has successfully developed and introduce new technology.

NAVTEQ provides digital maps for navigation systems and for internet-based mapping applications. The firm is based in Chicago and has about 1,900 employees world-wide.