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NAVTEQ Selected By Real Estate Web Site Zillow.Com(TM)

Posted on: Thursday, 23 March 2006, 12:00 CST

CHICAGO, March 23 /PRNewswire-FirstCall/ -- NAVTEQ , a leading global provider of digital map data for location-based solutions and vehicle navigation, has been selected by Zillow.com to power its street and hybrid map views. Zillow.com is a real estate website offering free valuations and data on more than 60 million homes across the United States. The information available on Zillow is linked to NAVTEQ(R) maps, allowing users to visually understand the location and placement of the property of interest.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO )

As an industry leader, NAVTEQ employs over 550 field analysts that physically drive the roads, verifying and updating the map, to provide the delivery of a highly robust and precise geographic database. Recognizing the importance of location within this industry, Zillow engaged NAVTEQ to supply the map data necessary to add location relevance to a consumer's real estate searches.

"Making real estate information locally-relevant is essential," commented Jorrit Van der Meulen, Vice President of Zillow. "One of the building blocks to providing this experience is to engage with high quality sources of information. NAVTEQ's map data helps us to deliver a great experience to our consumers."

"Zillow's innovative use of map data continues the horizontal integration of maps into services which are valued by end users. As location-enabled services continue to grow, NAVTEQ is committed to delivering the highly accurate data that supports our customers' needs," commented Winston Guillory, Senior Vice President - Consumer & Business Sales. "We are excited to work with an organization whose founders bring a strong track record, and believe this will be a predictor of success as Zillow brings its consumer-focused real estate vision to life."

About Zillow.com

Zillow.com launched its beta service in February 2006, with the goal of empowering consumers with tools and information to transform how they buy and sell homes. Zillow was started by a group of Internet veterans, including Expedia founder and former CEO Rich Barton and former Expedia Senior Vice President Lloyd Frink. Located in Seattle, Zillow raised $32 million in funding from two leading venture capital firms, Benchmark Capital and Technology Crossover Venture (TCV), as well as employees, directors and private investors. For more information, or to find a Zestimate valuation on a home, visit http://www.zillow.com/ . Read about or comment on updated Zillow news and observations in the Zillow.com corporate blog at http://www.zillowblog.com/ .

Zillow.com(TM) and Zestimate(TM) are trademarks of Zillow, Inc. 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. 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. 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.

Photo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

NAVTEQ

CONTACT: Kellie Bourdage of NAVTEQ, +1-312-894-7479,kellie.bourdage@navteq.com , or Bob Richter for NAVTEQ, +1-212-802-8588,bob@richtermedia.com

Web site: http://www.navteq.com/http://www.zillow.com/http://www.zillowblog.com/

Source: PRNewswire-FirstCall

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