GPS-Enabled Devices to Deliver Rich, User-Friendly Personal Navigation

Boston, MA and Hamburg, Germany, November 1, 2006 – Tele Atlas (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, and MyGuide Ltd., a navigation solutions provider, announced today an agreement to put highly accurate digital map and dynamic location content from Tele Atlas in the hands of MyGuide personal navigation (PNAV) device users.

Through the agreement, MyGuide’s PNAV devices featuring global positioning system (GPS) technology will leverage Tele Atlas’ fresh, rich digital map content to provide users with highly accurate, turn-by-turn maps to help them easily find people, products, and points of interest and the best possible routes to them.

Featuring Tele Atlas digital map data, the MyGuide® 4300 personal navigation device was released today in the United States by MyGuide’s sales and marketing partner Ares Digital, Inc. Embedded with a GPS antenna and SiRF III chip, the new device offers a user-friendly navigation experience with preinstalled detailed maps of the U.S., Canada, Guam and Puerto Rico and clear digital voice guidance that provides detailed door-to-door directions. The 4300 series also features a 4.3 inch screen, a powerful 400MHz processor, an MP3 player, picture viewer and built-in games.  

”The demand for high-quality, dynamic navigation information for consumers via GPS is increasing rapidly,” said Joy Morel, Tele Atlas’ Director, Personal Navigation. “As we continue building our leadership in the PNAV arena, we’re excited to work with MyGuide to further the adoption of this technology and look forward to helping expand their success in the consumer electronics market.”

“As MyGuide expands its presence into new markets including the U.S. & Canada, it is imperative the devices feature the most current, precise, reliable navigation offerings,” said Randolph Kemps, CEO of Ares Digital. “Through Tele Atlas’ leadership in the PNAV arena and outstanding support for the retail channel, we’re striving to make PNAV an affordable reality for today’s consumer.“  

MyGuide currently offers several navigation devices in the U.S. market featuring Tele Atlas digital map data and content in addition to the 4300 series, including the entry-level 3000 series and the intermediate-level 3300 series.

About Tele Atlas
Tele Atlas delivers the digital maps and dynamic content that power the world’s most essential navigation and location-based services. The information is the foundation for a wide range of personal and in-car navigation systems, mobile and Internet map applications that help GPS system users find the people, places, products and services they need, wherever they are. Tele Atlas also works with business partners that deliver critical applications for emergency, business fleet and infrastructure services. Founded in 1984, the company employs approximately 2,300 full-time staff and contract cartographers at offices in 20 countries around the world and uses a sophisticated network of professional drivers, mobile mapping vans and more than 50,000 data sources to continually update its maps. Tele Atlas is listed on the Frankfurt Stock Exchange (TA6) and on Euronext Amsterdam (TA). For more information, visit www.teleatlas.com.

About MyGuide
MyGuide Ltd. is a total navigation solutions provider. From hardware design, engineering, sourcing, and navigation software to worldwide marketing, sales and distribution support. MyGuide is your partner for branded and OEM products. With offices in Asia, Europe and North America as well as a growing worldwide distribution network, MyGuide is your international source for navigation solutions. For more information, visit www.myguidegps.com  or www.aresdigital.com.