Agreement is Part of KOREM's Location Intelligence and Geospatial Offerings

CHICAGO, April 3 -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions and vehicle navigation, has been selected as a map data provider by KOREM Inc., a leader in the development and integration of web-mapping solutions and geographic information systems. NAVTEQ will provide KOREM with quarterly map updates for integration and deployment with KOREM's geospatial and location intelligence solutions for its extensive customer base in Canada and the U.S.

KOREM provides companies and organizations with comprehensive location intelligence solutions that significantly improve information access, analysis and communication for a better decision-making. Whether it is for a call center, asset management, dealer locator, target marketing, monitoring and tracking solutions, KOREM develops and implements solutions that perfectly adapt to their customers strategic requirements.

NAVTEQ employs one of the industry's most comprehensive development and quality control programs, for the highest levels of quality and precision. Executed by a team of over 550 field researchers, the NAVTEQ database includes detailed attributes from turn restrictions and relative road crossing heights to road segment access restrictions, one-way streets and speed categories that help optimize routing. Additionally, NAVTEQ maps include Points of Interest including restaurants, hospitals, shopping centers and leisure facilities, making it easier to locate and route to many different destinations.

"NAVTEQ's field-based data collection processes together with their adherence to rigorous quality metrics, convinced us that including NAVTEQ data in KOREM's offering was an increased value for our customer base. We are excited about collaborating with NAVTEQ to service our Canadian and U.S. customer base," commented Sebastien Vachon, President, KOREM Inc.

"The collaboration between NAVTEQ and KOREM is a natural fit due to KOREM's depth of knowledge and expertise in implementing geospatial solutions," commented Roy Kolstad, Vice President and General Manager - Business and Government Solutions, NAVTEQ. "As location intelligence solutions continue to expand, customers demand an accurate and equally expansive infrastructure to support growth. NAVTEQ provides map data that allows government and commercial organizations to better manage their operations and critical assets."

About KOREM

Founded in 1993, KOREM specializes in the development of enterprise Web solutions to be integrated into various corporate information systems. KOREM, also MapInfo Master Distributor for the province of Quebec, is recognized as a leader in the integration of MapInfo technologies and the development of Web-mapping solutions in Java. KOREM has developed Push'n'See, a Web-mapping software for MapInfo MapXtreme Java Edition and ENVINSA. KOREM had received the title of "Best new partner 2000 for North America" by MapInfo Corporation and was named "MapInfo Canadian Partner of the Year" in 2001, 2002, 2003 and 2004.

About NAVTEQ

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 1,900 employees located in 131 offices in 23 countries.

NAVTEQ is a trademark in the U.S. and other countries.

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, 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.