| [January 06, 2005] |
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Tele Atlas and Clear Channel Radio to Deliver Nationwide Traffic through Audiovox Navigation Systems; Service Launch Widens Reach of In-Car Dynamic Traffic Content
LAS VEGAS --(Business Wire)-- Jan. 6, 2005 -- Tele Atlas, a worldwide leading provider of digital map data and location content, and Clear Channel Radio, today announced that they will provide Clear Channel-Tele Atlas dynamic traffic content to Audiovox navigation solutions through the use of RDS/TMC - the standard radio broadcast technology for the distribution of traffic and travel information to motorists. The solutions will be on display at the Consumer Electronics Show in Las Vegas, January 6-9, 2005 in Booth #11006.
Audiovox navigation systems will now be available with access to real-time traffic feeds regarding accidents, road construction and other travel concerns, creating greater convenience and time-savings to drivers across America. Audiovox has a full line of state-of-the-art navigation products that offer its customers ease of use and high performance.
RDS/TMC is a standard aimed at simplifying the integration of traffic data with current in-vehicle navigation systems. RDS/TMC leverages Clear Channel Radio's current infrastructure and demonstrates the ability of the company and Tele Atlas to broadcast relevant traveler information to drivers in the top metropolitan markets.
"Through our launch of the Clear Channel-Tele Atlas Traffic solution, we are able to provide up-to-the-minute dynamic traffic and rerouting content to users of our navigation products", said Tom Malone, Sr. VP of Sales for Audiovox Electronics Corp. "We know we are offering motorists an invaluable tool that will further enhance their driving experience."
"Our relationship with Audiovox is a great testament to the high quality and accuracy of our traffic content," said Richard Pearlman, vice president, Navigation & Telematic Sales for Tele Atlas. "Today's announcement further emphasizes the increased desire by drivers to have access to the most immediate, comprehensive traffic and rerouting data available."
About Audiovox
Audiovox Corporation is a recognized innovator in the marketing of wireless products, automotive entertainment and security products and consumer electronics products. Its electronics products which include auto sound, vehicle security, mobile video systems, and consumer electronics products such as FRS radios, MP 3 products and home and portable stereos, are marketed by the wholly owned Audiovox Electronics Corp. The company is listed on the NASDAQ Stock Exchange as VOXX. For additional information, visit their web site at www.audiovox.com or call 1-800-290-6650.
About Tele Atlas
Founded in 1984, Tele Atlas is a worldwide leading provider of digital maps and dynamic location content for a variety of navigation, location-based services and geospatial products and database solutions. Tele Atlas' database is a highly accurate reproduction of today's street network, enabling turn-by-turn route guidance on a high percentage of European, U.S. and Canadian roads. Tele Atlas' compatibility with major navigation systems and its open system design have placed the company's technology at the heart of both consumer and business-to-business applications worldwide. From logistics to marketing to traffic and fleet management, in almost every sector of today's business and consumer world, Tele Atlas has built a reputation as an acknowledged pioneer and leader in the digital map industry. For more information, please visit www.na.teleatlas.com (in North America) or www.teleatlas.com (in Europe).
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