SINGAPORE –May 22, 2008 - Singapore Exhibition Services (SES), Asia’s top organiser of trade events together with NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, today announced that the twelve semifinalists from the NAVTEQ Global LBS Challenge - APAC will compete for the Grand Prize and three runner-up prizes at an awards ceremony to be held during CommunicAsia2008 in Singapore on 18 June at 15:30h at the NAVTEQ stand 3B3-01. All CommunicAsia attendees are invited to attend.

The NAVTEQ Global LBS Challenge has established a reputation as the premier event in the location-based services (LBS) industry, and invites application developers to build innovative location-based services which work with mobile phones and/or wireless handheld devices using dynamic positioning technology and NAVTEQ maps. This year’s global prize pool consisting of cash and data licenses is the largest yet, worth over $4.5 million USD.

“We are pleased that NAVTEQ has chosen CommunicAsia2008 as the partner of the first ever NAVTEQ Global LBS Challenge in APAC.  The Asia-Pacific winners will be announced at the awards ceremony held at CommunicAsia2008, shining a spotlight on talented developers and entrepreneurs in the region.” said Victor Wong, Project Director at show organiser Singapore Exhibition Services (SES)

The twelve semifinalists were selected at a semifinal judging event on April 23-24 in Singapore. The selection process was based on applicability, design, functionality and solution overview. They are: AtlasCT, CellCity Pte Ltd, FlyPaper, Inc, G Element Pte Ltd, Joikusoft Oy, Lonely Planet, Momentum Technologies Group, Orbster gmbh, Pacific DataVision, POINT-I Co., LTD, RoadGuard, Ltd and Surround Networks, Inc.

CommunicAsia attendees are also being invited to participate by visiting the NAVTEQ stand, evaluating the semifinalist applications and casting a ballot for the LBS solution they think will win. If they correctly pick the Grand Prize Winner, they will be eligible to win one of five Nokia N95 smartphones. The contest runs during show hours until 14:30h on 18 June and winners will be announced immediately after the awards ceremony. Visit the NAVTEQ stand for official rules and details.

“CommunicAsia and BroadcastAsia are where leading industry players from all over the world congregate and network and an opportune time for us to make the grand announcement.” said Marc Naddell, Vice President, Partner and Developer Programs, NAVTEQ. “We are extremely pleased to have had such as large response in our first year hosting the Global LBS Challenge in the Asia-Pacific region. This region is a talent-rich area for wireless developers and the potential for innovative LBS applications is tremendous. ”

CommunicAsia is a global event where the business of technology comes to life, showcasing the latest digital technologies across mobile networks and applications, network infrastructure and satellite communications. www.CommunicAsia.com

BroadcastAsia, themed “Digital: The Journey Forward”, offers the latest in digital and interactive media, addressing the value chain of content creation, management, and distribution. www.Broadcast-Asia.com

About Singapore Exhibition Services Pte Ltd

A pioneer of the fast growing and vibrant exhibition industry, Singapore Exhibition Services (SES) is Asia’s top organiser of trade events with a diverse portfolio of exhibitions and conferences in Communications, Engineering, Machinery and Lifestyle industries. SES events consistently attract a high level of overseas participation with foreign exhibitors accounting for almost 80% of the show floor. SES is a member of Allworld Exhibitions Alliance, a global network with 34 offices worldwide. For more information, please visit www.sesallworld.com.

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. From wireless business applications to sports, travel and security, integrating the accuracy and richness of NAVTEQ digital map data facilitates the timely evolution of the next wave of LBS. The 2008 Global LBS Challenge features a global prize pool valued at almost $4.5 million in cash and prizes. For more information about the Global LBS Challenge or to watch video replays of the awards ceremonies held recently for EMEA ( Barcelona) and Americas ( Las Vegas), go to www.LBSChallenge.com.

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 more than 3,500 employees located in 174 offices and in 32 countries.

NAVTEQ and the Global LBS Challenge are trademarks in the U.S. and other countries. All rights reserved.

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. The 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 each of the Company's most recent Annual and Quarterly Reports 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.

Media Enquiries:

Vikki Tan
Consultant
Upstream Asia
Tel: +65 6323 7377
Fax: +65 6323 7366
Email: vikki.tan@upstreamasia.com

Elaine Sng
Senior PR Executive
Singapore Exhibition Services
Tel: +65 6233 8626
Fax: +65 6835 3040
Email: es@sesallworld.com