Summary
Company Profile
* Market leader in Portable Navigation Devices (PNDs)
* Founded in 1991, publicly listed in 2005
* Revenue 2008 ?1,674 million
* Offices in Europe, North America, Middle East, Africa and Asia Pacific.
* Over 3,300 employees
Strategy
TomTom is a digital mapping and routing company that focuses on car navigation. We aim to gain competitive advantage through superior products, a leading brand and a flexible production structure. We deliver Better Maps through a combination of our high quality map data base that is continuously kept up to date through input from our extensive fleet of surveying vehicles and our large community of users. We deliver Better Routing through the world's largest historical speed profile data base and our unique real time traffic information service. Together this enables TomTom to offer cutting edge navigation solutions that can be used on different hardware platforms.
Products
Products include Portable Navigation Devices (PNDs), line fitted in-dash navigation solutions and software for use on PDAs and smartphones. Through the Tele Atlas unit the company also supplies digital maps that enable routing guidance.
Company History
TomTom was founded by Harold Goddijn, Peter-Frans Pauwels and Pieter Geelen in 1991. The company's shares were listed on Euronext Amterdam in May 2005. After years of rapid organic growth supported by small acquisitions a big step was taken in 2008 when Tele Atlas was acquired.
Key Figures
TomTom's annual revenue grew from ?8 million in 2002 to ?1,674 million in 2008. We are a highly cash generative company with cash generated from operations of ?463 million in 2008.
Markets
In 2008, TomTom navigation products are sold in over 30 countries (and over 20 languages). TomTom has offices in Europe, North America, Asia and Australia. TomTom's products are mainly sold by retailers, who buy from distributors. Some products and services are also sold online. Tele Atlas provides maps including detailed street-level and interconnecting road networks for 80 countries.
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Press Releases
TomTom announces "White Pearl" special edition
June 2, 2009 Amsterdam (Link)
TomTom has today announced the White Pearl - a special edition navigation product with a twist! The White Pearl's stylish, pearlescent design makes the perfect gift, as well as appealing to the driver who likes a touch of glamour in their car.
With a chic pearlescent finish and matching EasyPort folding mount, the White Pearl is a departure from the typical look and feel of a TomTom portable navigation device. The product is decorated with a subtle 'swirl' pattern, which is beautifully expanded on the start up screen.
Based on the TomTom ONE IQ Routes edition*, the White Pearl ensures that driving is safe and stress-free but also includes some brand new features : special Points of Interest such as, "Places to be seen" and "Shop 'til you drop". Covering everything from restaurants, bars, cafes, coffee shops, cinemas and theatres to fashion and home furnishing stores - the White Pearl gives drivers the ability to explore new places.
The White Pearl and its mount are presented in a luxurious silk drawstring bag, which also keeps it clean and safe from any knocks and bumps.
As well as Points of Interest, the White Pearl comes with TomTom's extremely useful Help Me! safety features, including emergency phone numbers and a "Where Am I?" function - essential if the car breaks down on a journey, for example. And, as with all TomTom devices, the driver can simply plug in and go.
Corinne Vigreux, TomTom's managing director, said, "We designed the White Pearl to appeal to anyone wanting to give someone (or themselves) a very special gift, spicing up an already excellent navigation product with some fun, exclusivity and style. From birthdays to anniversaries, Valentine's Day, Mother's Day as well as Christmas, we believe this will make an extremely useful and desirable gift."
The White Pearl offers the usual TomTom navigation benefits: it is easy to install and use, and includes TomTom Map Share technology and the ever-useful Help Me! safety menus, amongst other features. In addition, it has TomTom's unique IQ Routes technology, ensuring users automatically have the most reliable travel and arrival times on their device. Also included is advanced lane guidance - an important safety feature that ensures drivers always know the correct lane to take on complex motorway junctions.
TomTom starts selling NAVIGATOR 7 online
May 29, 2009 Amsterdam (Link)
TomTom, the world's leading provider of navigation solutions and digital maps, today announces it will offer TomTom NAVIGATOR 7, its navigation software solution for selected smartphones, via its web shop - www.tomtom.com/navigator7. The microSD card will be sold and shipped with the map of Western Europe, covering 22 countries* for 99,95 euros.
NAVIGATOR 7 is compatible with a range of HTC smartphones and operator variants that run on Windows Mobile software OS. A new, dedicated NAVIGATOR 7 micro site has been launched on the TomTom website, including a compatibility wizard to check the current and future options for users' phones.
"We are pleased to offer NAVIGATOR 7 as a standalone product for the first time." says Corinne Vigreux, TomTom's Managing Director. "Complementing our partnerships with handset manufacturers we have decided to make NAVIGATOR 7 available to fans of TomTom who want the latest navigation software on their phone."
TomTom NAVIGATOR 7 features
- TomTom's unique Map Share technology
- New safety features including 'Help Me' menu
- Improved address input for faster search including country switcher, postcode search and 'accent spelling aid'
- A new traffic interface that lets you avoid traffic easily and effectively
- Share voices, POIs and other content - use TomTom HOME to personalise your device with free content from the TomTom community.
Compatibility
NAVIGATOR 7 is currently compatible with a wide range of HTC devices and operator variants. To check if a phone is compatible or keep track of new developments for a specific model, go to www.tomtom.com/navigator7.
Broadening the availability of NAVIGATOR 7
In addition to offering NAVIGATOR 7 on microSD card, TomTom has made NAVIGATOR 7 available for licensing to business partners.
Local operators, system integrators, distributors or local offices of handset manufacturers now have the option to bundle TomTom's navigation software with their products.
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