E-City Software, Inc. has announced that it has launched 3D CarMap product.
CEO Anis Jessa explained, “We believe that the in vehicle navigation market is one of the keys to our success. We have received significant indications of customer interest in this area and have a product that we think is highly competitive in this marketplace. We are presently in negotiations with an industry’s technology leader. E-City’s target customers in this market include Daimler Chrysler, GM OnStar, LoJack, Delphi, Sprint PCS, Nextel, AT&T Wireless, Verizon, Wingcast, Palm, Yahoo!, Rand McNally, Motorola, Microsoft, Qualcomm, Research in Motion and many others.”
Jessa continued, “Our product is unique. There is no other practical and cost-effective solution that we know of that gives automobile drivers the ability to view every building, every house, every golf course, complete with railroad tracks and trees, for 3D covered major metropolitan areas. We think that the buying public will agree. With improvements now being developed for deployment in the in vehicle navigation market, both by automotive OEM’s and GPS mobility firms, practical and efficient integration of our product in the in vehicle environment is within reach.”
The automobile industry is going through a technological evolution driven by advances in the Intelligent Transportation System (ITS) marketplace. In-vehicle navigation has evolved into an effective means to reduce traffic congestion, reduce pollution, and improve safety, comfort, and peace of mind. A recent report from Strategy Analytics predicts that 20% of all large/high-end cars will be factory-equipped with these dynamic navigation systems by 2006. With 600 million vehicles in the world and 60 million produced every year, the total telematics market is projected by industry analysts to be in the $10-$40 billion range by 2005.