ABOUT THE NAVTEQ GLOBAL LBS CHALLENGE®

First launched in 2003, the NAVTEQ Global LBS Challenge is focused on driving the development and visibility of innovative navigation solutions for wireless devices. The Challenge has become the premier event in the LBS industry and a global symbol of LBS innovation and opportunity. Applications for wireless business, sports, travel and security integrate the accuracy and richness of NAVTEQ digital map data which facilitates the timely evolution of the next wave of LBS using wireless position technology (GPS) technology.

Winners are chosen by a panel of distinguished judges in three regions: The Americas, Europe-Middle East-Africa, and Asia-Pacific. Eight previous LBS Challenge participants have received venture capital funding and nine past LBS Challenge winners have launched commercial applications on major wireless carriers, including Verizon Wireless and Sprint.