2008-02-12 08:30:00 CET

2008-02-12 08:30:00 CET


REGULATED INFORMATION

English Finnish
GeoSentric Oyj - Company Announcement

GeoSentric and NAVTEQ partner for the Linking of Location Data with Mobile and User Generated Content for GyPSii platform


GeoSentric Oyj (GyPSii) (OMX: GEO1V), the world's leading geo-location and      
social networking provider for mobile phones and Internet devices and NAVTEQ    
(NYSE: NVT), a leading global provider of digital maps for vehicle navigation   
and location-based solutions, today announced an agreement for NAVTEQ to provide
digital maps and location-based content to the GyPSii platform.   GyPSii is a   
user-generated content, social networking, search and location-based suite of   
integrated mobile and web applications. The GyPSii application will utilise     
NAVTEQ worldwide data coverage in Europe, North America and Emerging Markets.   

GyPSii provides mobile and internet users the ability to generate and store     
content such as photos, video, audio and text, and associate location context   
around that content, creating “a Place”.  Users can share their “Places,”       
identified on a map, in real-time with friends, relatives and colleagues, and   
communities, creating a vast repository of comments, ratings, and maps of all   
“Places” that other GyPSii users can search based on location proximity.        

“Social Networking applications are becoming increasingly more important to the 
end user, and this type of innovation is evident of the progress in the world of
mobile solutions,” stated Serge Bussat, vice president and general manager,     
Consumer Applications, NAVTEQ. “NAVTEQ is excited to be supporting an           
application that offers a new approach to social networking and user generated  
content.”                                                                       

“Part of GyPSii's value comes in its ability to associate exact locations to the
user-generated content already available today.  The accuracy of NAVTEQ map data
was an important factor in the development of the application and will          
undoubtedly contribute to its success,” commented Dan Harple, CEO, GyPSii.”     
Harple added, “The partnership between NAVTEQ and GyPSii provides the first-ever
globally available, mobile-to-desktop integrated lifestyle application. The     
device we all carry in our pocket, our mobile phone, is now empowered to record 
your life; where you are and what you do, and share it in real-time within your 
chosen social networking communities, mobile and across the non-mobile          
Internet.”                       

GyPSii runs on Symbian S60 phones, Windows Mobile devices & Blackberry          
smartphones. Accredited on Nokia 6110, N95 and Windows Mobile platforms. GyPSii 
provides extended language support for users in no less than ten different      
languages - US English, UK English, German, Spanish, French, Italian, Korean,   
Russian, Simplified Chinese and Traditional Chinese.                            

GyPSii is a semifinalist in the NAVTEQ Global LBS Challenge - EMEA, a program   
that challenges application developers around the world to build innovative     
location-based services (LBS) that work with mobile phones and/or wireless      
handheld devices using dynamic positioning technology and NAVTEQ maps. It will  
be competing with 11 other LBS applications for a prize pool nearing $3 million 
on 10 February, 2008 at Mobile World Congress in Barcelona, Spain.  Log onto    
www.LBSChallenge.com to find the results of this year's Global LBS Challenge.   

12.2.2008                                                                       

GEOSENTRIC OYJ                                                                  


For press and analyst inquiries please contact:                                 
North America: communications@gypsii.com                                        
EMEA: gypsii@the-cc-group.com                                                   

Investor Relations: investors@gypsii.com                                        

Distribution:                                                                   
OMX Nordic Exchange Helsinki                                                    
Principal news media                                                            

About GeoSentric Oyj (GyPSii)                                                   
GyPSii connects people, places and communities across networks and devices; a   
geo-location social networking platform and services for mobile, web & set-top  
box devices. (www.gypsii.com).         

About NAVTEQ                                                                    
NAVTEQ is a leading provider of comprehensive digital map                       
information for automotive navigation systems, mobile navigation devices,       
Internet-based mapping applications, and government and business solutions.     
NAVTEQ creates the digital maps and map content that power navigation and       
location-based services solutions around the world. The Chicago-based company   
was founded in 1985 and has over 3,300 employees located in 167 offices in 31   
countries.                                                                      
NAVTEQ and the Global LBS Challenge are trademarks in the U.S. and other        
countries. © 2008 NAVTEQ. All rights reserved.                                  
This document may include certain "forward-looking statements" within the       
meaning of the Private Securities Litigation Reform Act of 1995. These          
forward-looking statements include, but are not limited to, plans, objectives,  
expectations and intentions and other statements contained in this press release
that are not historical facts and statements identified by words such as        "expects,""anticipates,""intends,""plans,""believes,""seeks,""estimates"
or words of similar meaning. The statements are based on our current beliefs or 
expectations and are inherently subject to various risks and uncertainties,     
including those set forth under "Item 1A. Risk Factors" in each of the Company's
most recent Annual and Quarterly Reports filed with the Securities and Exchange 
Commission.