![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 14, 2003 11:11:13 AM
RELATED SYMBOLS: (NOK)
LUND, Sweden, Jan 14, 2003 (PRIMEZONE via COMTEX) -- Wayfinder Systems, a
global provider of wireless navigation, mapping and traffic information services
and technologies, today announces the launch of the new Wayfinder(TM) wireless
navigation product at Comdex Scandinavia in Gothenburg, Sweden.
Wireless navigation and location-based services have been regarded as major
services of the future 3G networks. Wayfinder Systems is today able to launch
these types of services on a 2G mobile phone over existing 2G GSM/GPRS networks.
The Wayfinder(TM) offers step-by-step navigation and location-based services
such as "Find the nearest gas station" or "Find-my-friend."
"This is a truly wireless system that offers major advantages for both users and
network operators," said Magnus Nilsson, CEO of Wayfinder Systems. "The user
gets a very useful service on an ordinary phone that he/she brings on all
travels, and the operator can immediately start to get revenues from its
existing network!"
The Wayfinder(TM) solution is the first of its kind in the world and this first
version of the product consists of a Nokia Series 60 phone, for example Nokia
7650 or 3650, and a Bluetooth-equipped GPS.
"Wayfinder(TM) is a very good example of the powerful applications you can
develop for the Nokia Series 60 phones. With this product, both users and
operators can take full advantage of location-based services already today,"
said Tapio Mansikkaniemi, Service enabler manager, location at Nokia Mobile
Phones.
In contrast to in-car navigation systems that use on-board computers with CD-ROM
or DVD drives, Wayfinder(TM) uses a powerful Internet-based server software
capable of calculating thousands of routes and searches per second. The server
stores comprehensive maps, points of interests, company information and
real-time traffic information. The phone connects to the Wayfinder(TM) server
thus providing a powerful off-board and up-to-date navigation solution for the
user.
The user can enter the destination in many ways: Either by using the keypad of
the phone or log on to the personal navigation page on the Internet or call a
call-center for the destination. The route will then automatically be downloaded
to the phone in only a few seconds and presented to the user by voice, pictures
and maps as he/she drives. The user interface is extremely easy to use and the
system can be used throughout Europe and North America and wherever else a
digital map is available.
The Wayfinder(TM) solution gives the user several advantages:
-- The map is always up-to-date
-- The solution provides the widest map coverage
-- You can enter the destination in many ways, both inside and
outside the car and through a call-center
-- The solution gives access to personalised databases such as
favourite destinations and points of interests
-- The solution also gives access to company information such as
yellow pages and other types of points of interests
-- Traffic information is taken into consideration when routes are
calculated
-- The route is calculated and downloaded extremely fast compared to
traditional systems
-- The solution is completely portable and versatile and can be used
inside the vehicle as well as while walking or biking
-- The solution can easily be integrated with other existing business
systems for professional users
-- The service is operator independent
-- The solution can use GSM, GPRS as well as future 3G networks
-- The product can easily be upgraded for additional functionality
such as a drivers journal in the future
-- The solution has substantially lower cost of ownership than
traditional navigation systems
The product is bought as a package with the Bluetooth-equipped GPS and comes
with a monthly service subscription that gives the user unlimited usage. The
product can be ordered now, while other countries in Europe will follow during
the first half of 2003.
About Wayfinder Systems
Wayfinder Systems AB is a global provider of wireless navigation, mapping and
traffic information services and technologies for telecom operators, car
manufacturers, fleet management companies, Internet Service Providers and
information service providers. The solutions from Wayfinder Systems are based on
the flexible and scalable server architecture that performs ultra-fast and
optimal searches, based on personal preferences, actual journey time and traffic
situation, of both local and remote databases. This architecture also adds
geocoding, reverse geocoding and positioning enhancements to location platforms
with adapted interfaces for most mobile devices of today. The server platform
also provides a comprehensive XML API for an easy and seamless integration into
other LBS systems and business applications.
For more information visit: www.wayfinder.biz.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/01/14/20030114BIT01090/wkr0001.doc
http://www.waymaker.net/bitonline/2003/01/14/20030114BIT01090/wkr0002.pdf
By Staff
CONTACT: Wayfinder Systems
Martin Wenhov, Director Business Development
+46 (0)46 23 52 65, +46 (0)703 20 75 11 (mobile)
wenhov@wayfinder.biz
Magnus Nilsson, CEO
+46 46 23 52 64
mnilsson@wayfinder.biz
(C) 2003 PRIMEZONE, All rights reserved.
-0-
INDUSTRY KEYWORD: Telecom Services
SUBJECT CODE: TELECOMMUNICATIONS
INTERNET
Company Announcement
(Wall Street)
Daniel Nieves
Daniel Nieves
Recent IDCC News
- InterDigital Announces Date for Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 07/18/2024 12:30:00 PM
- UK Court of Appeal rules in favor of InterDigital in dispute with Lenovo • GlobeNewswire Inc. • 07/12/2024 01:10:00 PM
- InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027 • GlobeNewswire Inc. • 07/03/2024 08:00:00 AM
- InterDigital signs license agreement with Google • GlobeNewswire Inc. • 07/02/2024 08:00:00 AM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/20/2024 12:30:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 08:10:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 08:10:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 08:10:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 09:26:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 08:51:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 08:42:45 PM
- InterDigital and Philips to Showcase Volumetric Streaming Technologies Empowering Immersive Sports Experiences at AWE USA 2024 • GlobeNewswire Inc. • 06/11/2024 08:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 08:30:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 08:09:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 08:06:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 08:04:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 08:01:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:13:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:10:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:07:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:06:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:05:55 PM
- InterDigital Declares Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 06/06/2024 08:30:00 PM
- InterDigital to Present at Upcoming Conferences • GlobeNewswire Inc. • 05/30/2024 12:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 08:06:54 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM