Cypress Solutions Wins NAVTEQ LBS Challenge

tugboat.jpgNAVTEQ ,  announced at an awards ceremony at Where 2.0 that Cypress Solutions Inc. is the Grand Prize Winner of the North America edition of the 2010 NAVTEQ Global LBS Challenge.

Vancouver-based Cypress Solutions Inc. (www.cypress.bc.ca), won the competition with its mobile LBS application, VUE, a marine fleet solution that tracks tugboats, barges and log booms. With the integration of Marine Asset Trackers and AIS data, VUE provides expanded
map functionality, replacing current paper-labeling techniques and manually locating numerous assets across an expansive coastal environment. Cypress Solutions Inc. took the Grand Prize over eleven other finalists who presented to a prominent panel of judges consisting of executives from leading wireless and technology companies, including AT&T, deCarta, Denso, DeviceAnywhere, DigitalGlobe, Imagination Technologies, Intel, Microsoft (Bing Maps), Research In Motion (RIM),Samsung, Tanla and Verizon.

Cypress
Solutions Inc. will receive over $800,000 in cash, data and tool licenses, and services from a total global prize pool valued at over $10
million.

Two Runners-Up were also selected by the judging panel:

  • First Runner-Up: ZOS Communications (www.zoscomm.com) - zhiing is a rich
    messaging application with location at its core, enabling services from social to enterprise to be layered into the lives of users—your
    universal inbox for location communications and interactivity.
  • Second
    Runner-Up: Spriv (www.spriv.com)
    - Spriv revolutionizes automatic Internet authentication, preventing fraudulent use of stolen credit cards and user/password information by
    tying their use to the owner’s mobile phone location.

“We are thrilled that the NAVTEQ Global LBS Challenge is a part of Where 2.0 this year, as the conference draws an impressive number of
developers to Silicon Valley and is a great opportunity to showcase NAVTEQ’s strong support of the developer community,” said Jeff Mize,
executive vice president, Global Sales, NAVTEQ. “The innovative group of applications in our North America contest, which includes a broad
solutions ranging from business and fleet applications to a fitness performance assistant, builds on the diverse range of impressive
solutions we saw in the European leg of our competition last month.”

Special recognition awards were also presented by sponsors for
outstanding achievements, including:

  • 3D Arts (www.3dartsmobile.com),Hile Arcade™: Best App for Use of Tanla License Manager, selected by
    global sponsor Tanla, and
  • Cell Storm (www.cellstorm.com),
    Cell Storm Real Estate: Most Innovative Use of Graphics, selected by global award sponsor Imagination Technologies.