News: Portfolio 2006

Traffic.com Reports Third Quarter 2006 Results

November 6, 2006: Wayne, PA - Traffic.com, Inc. (NASDAQ: TRFC - News), the leading provider of personalized traffic information to drivers coast to coast, today announced financial results for the third quarter 2006.

 

In a separate press release made contemporaneously with this announcement, NAVTEQ (NYSE: NVT) announced that the Company and NAVTEQ have entered into an agreement pursuant to which NAVTEQ will acquire the Company. Readers are referred to that announcement for further details regarding the proposed transaction.

 

Robert N. Verratti, chief executive officer, Traffic.com said, "We are pleased with the Company's execution in the third quarter as we continue to make progress against our long-term