ComVu Media named grand prize winner of Navteq’s Global LBS Challenge Americas

And the winner is...
And the winner is...
NAVTEQ announced the winners of the NAVTEQ Global LBS Challenge Americas yesterday at CTIA Wireless 2007. 340 developers from around the world have entered LBS applications that work on portable devices using wireless technology and NAVTEQ map data to compete for a global prize pool valued up to $2 million. Sixteen semifinalist companies were selected to advance to the final judging where they were evaluated by a panel of industry experts based on each competitor's commercial viability, unique functionality and features, and ease of use.

During Global LBS Challenge Awards Ceremony, three Category winners and a Grand Prize winner were named in the following four categories: Business, Entertainment & Leisure, Navigation and Social Networking. The grand-prize winner and Business Application Category Winner, ComVu Media Inc., received $50,000 in cash and $100,000 worth of NAVTEQ map data licenses for up to one year. ComVu Media's application, ComVu PocketCaster GPS, leverages cameraphones with integrated GPS receiver to create an easy 'one-button' mobile Webcasting. It automatically embeds date, time and GPS data in a live video stream, and archives it. Location data can be viewed dynamically on maps, while the video is streaming.

You Tube on steroids
You Tube on steroids
Moving the “geo-tagging” concept from picture to video, PocketCaster is a mobile You Tube on steroids. PocketCaster is offered as a white-labeled solution and is licensed to mobile operators, consumer portals, ISPs, enterprises and government organizations. Just two days ago PocketCaster was also chosen as the winner of the "Taking Care of Community" category in the Wireless Innovation Contest at CTIA Wireless 2007.

Each category winner, excluding the Grand Prize Winner, received $10,000 in cash and $75,000 worth of NAVTEQ map data licenses for up to one year.

The Category Winners are:
Entertainment & Leisure Application
TikGames' GeoChief is a social networking game in which individual players interface by way of a blog. The application allows users on the go to create blogs, track routes, and navigate anywhere with multiple tools such as compass and altimeter.

Navigation Application
ParkWhiz Inc.'s Mobile Parking Information Search helps consumers find parking information about their surrounding area. While on the go, users have access to available parking information including prices, distance away, and hours of operation -- drivers even have the ability to reserve a parking space.

Social Networking Application
Jentro Technologies GmbH's activepilot offers local search, car and pedestrian off board navigation with traffic avoidance and spoken street names, traffic information on commute routes, public transportation and flight information, personal security and community services information. Jentro won the Grand Prize for the European LBS Challenge just this past February.

Winston Guillory, Senior Vice President - consumer and enterprise, Navteq
Winston Guillory, Senior Vice President - consumer and enterprise, Navteq
This competition is definitely becoming the right place for LBS developers – prize winners or not - to get public exposure and meet with industry experts and wireless carrier’s decision makers. Six previous LBS Challenge participants have received venture capital funding and eight past LBS Challenge winners have launched commercial applications on major wireless carriers, including Verizon Wireless and Sprint.

Business wise the competition is primarily an excellent tactical tool to lock the market against Tele Atlas by drawing the most promising companies and innovations into Navteq's ecosystem.

Thursday, March 29th 2007

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