#UAEExchange turns 34! Celebrates with its customers

The leading foreign exchange, money transfer and payment solutions brand celebrates 34 years of successful global operations on 23rd October, 2014. UAE Exchange has been successful in sustaining its leading position in the industry. Delivering customer service par excellence has been the single most goal of UAE Exchange since inception. And this reverence has been well received and reciprocated which attributes to the strong customer base of over 6.5 million customers today. UAE Exchange has always ensured that it honours customer loyalty through a defined customers reward structure.

In line with this UAE Exchange launches #UAEExchangeAndYou contest, an inclusive celebrations initiative involving the customers, who are the reason for its growth and sustained success. This customer-rewarding initiative is a token of gratitude for the trust bestowed on the brand by the customers. To participate just click a your Selfie with any UAE Exchange element in the background. Add a caption to it and upload it on our Facebook page, Twitter or Website with #UAEExchangeAndYouand get a chance to win a Gift Voucher worth AED 500/-

To participate visit www.facebook.com/uaeexchange or twitter.com/uaeexchange orwww.uaeexchange.com 

UAE Exchange launches Transact and Win contest on Facebook

Customers, who either send or receive money from any of the 700 branches of UAE Exchange, stand a chance to win a Samsung Galaxy tab. All they need to do is to ‘Like’ UAE Exchange Facebook page (www.facebook.com/uaeexchange), enter the receipt number of their transaction along with details required in the form provided in the contest app. The winners will be selected through a lucky draw on 25th May, 2014. There are 10 Samsung Galaxy Tabs to be won. Additionally first 20 entries will get surprise gifts in this 45-day promotion which starts on 1st April and ends on 15th May, 2014.

Click Here to Enter

For more information, Visit a UAE Exchange branch near to you or mail us at online.desk@uaeexchange.com, with the subject line as “Transact & Win with UAE Exchange 2014″

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Minister of Interior Cup Cricket Tournament ends in style and grandeur

• Tournament held on 28th March in Sheikh Zayed Stadium under the patronage of H. H. Lt. General Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister of the UAE, Hon. Minister – Ministry of Interior and Commander of Abu Dhabi Police, UAE.
• Ace cricketers Mr. E. A. S. Prasanna (India), Mr. Jalaluddin (Pakistan); and Mr. Romesh Kaluwitharana (Sri Lanka) graced the occasion as Goodwill Ambassadors
• India Ambassadors XI won the tournament

His Excellency Mohammad Khalfan Al Rumaithi, Deputy General Commander of Abu Dhabi Police, inaugurating the tournament in the presence of Lt. Colonel Mubarak Awad Bin Muhairom, Director of Department of Community Police; H.E. Muhammad Imran, Ambassador of Bangladesh; H.E. T.P. Seetharam, Ambassador of India; H.E. Asif Durrani, Ambassador of Pakistan; H.E. Dr. Mahinda Balasuriya, Ambassador of Sri Lanka; Goodwill Ambassadors and ace cricketers Mr. E. A. S. Prasanna (India), Mr. Jalaluddin (Pakistan); and Mr. Romesh Kaluwitharana (Sri Lanka); and Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange

Lt. Colonel Mubarak Awad Bin Muhairom, Director of Department of Community Police addressing the Media in the presence of Goodwill Ambassadors and ace cricketers Mr. E. A. S. Prasanna (India), Mr. Jalaluddin (Pakistan); and Mr. Romesh Kaluwitharana (Sri Lanka); Mr. Binay R. Shetty, Director, UAE Exchange, Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange and other Senior Officials from Abu Dhabi Community Police

Tournament Champions India Ambassadors XI celebrating their victory in the presence of His Excellency Mohammad Khalfan Al Rumaithi, Deputy General Commander of Abu Dhabi Police, Lt. Colonel Mubarak Awad Bin Muhairom, Director of Department of Community Police, Goodwill Ambassadors and Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange along with other Senior Officials from UAE Exchange, Xpress Money and Abu Dhabi Community Police.

Cricketing icons landed in the UAE to support the public awareness campaign of the Abu Dhabi Community Police to build a crime-free and safer community. Supporting the cause with their might are the two brands trusted across communities – UAE Exchange, the leading global remittance and foreign exchange brand, and Xpress Money, the world’s most dependable money transfer brand. The ace cricketers were here to inspire the four-nation cricket tournament for the Minister of Interior Cup to be held under the patronage of H. H. Lt. General Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister of the UAE, Hon. Minister – Ministry of Interior and Commander of Abu Dhabi Police, UAE. The tournament was conducted with much fanfare, glitter, glory, spell-binding fireworks and loads of entertainment on 28th March, 2014, at the Sheikh Zayed Cricket Stadium in Abu Dhabi, UAE. India Ambassadors XI beat Sri Lanka Ambassadors XI in the finals to clinch the cup amidst cheering from thousands of cricket enthusiasts.

The mega event was inaugurated by His Excellency Mohammad Khalfan Al Rumaithi, Deputy General Commander of Abu Dhabi Police, in the presence of Lt. Colonel Mubarak Awad Bin Muhairom, Director of Department of Community Police; H.E. Muhammad Imran, Ambassador of Bangladesh; H.E. T.P. Seetharam, Ambassador of India; H.E. Asif Durrani, Ambassador of Pakistan; H.E. Dr. Mahinda Balasuriya, Ambassador of Sri Lanka; Goodwill Ambassadors and ace cricketers Mr. E. A. S. Prasanna (India), Mr. Jalaluddin (Pakistan); and Mr. Romesh Kaluwitharana (Sri Lanka); Mr. Binay R. Shetty, Director, UAE Exchange; Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange and other Senior Officials from UAE Exchange and Xpress Money.

“The event has been a success. We are thankful to our Goodwill Ambassadors, wholeheartedly. Our focus has always been towards building that strong bond between the police and the people. We feel people are yet to get exposed to the norms and policies. An awareness campaign of this magnitude will definitely bring in a change, positively. Our partnership with UAE Exchange and Xpress Money will surely add a lot of power and wider reach to the cause.” said Lt. Colonel Mubarak Awad Bin Muhairom, Director of Department of Community Police.

“We are proud to associate with Abu Dhabi Community Police for this noble cause.” said Mr. Y Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange. “We will support the Community Police in creating awareness among public. We are happy that iconic cricketers from India, Pakistan and Sri Lanka have travelled all the way here to support us as the Goodwill Ambassadors of the initiative. The cricket tournament was exciting for the sport-loving communities from these four nations, who form a major part of the expatriate population in the UAE. This tournament was the platform to kick-start the public awareness campaign,”, Mr. Sudhir Shetty added.

In the four-nation cricket tournament, a series of seven matches were played starting early in the day. This free-for-all event saw thousands of cricket enthusiasts from all walks of life filling up the stadium to cheer their favourite teams. The food, transportation and security arrangements were well in place for this high-profile event, which was the runway for the campaign to take-off, enabling people to understand and build a strong bonding with the Abu Dhabi Community Police.

Abu Dhabi community police is an initiative of the UAE Government and operates as frontline officers, who understand the pulse of the community. They are the vital link connecting the public with the police and play a crucial role in ensuring a crime-free neighbourhood and a safer community life in the emirate for residents.

UAE Exchange is a leading global remittance and foreign exchange brand, with 132 branches in UAE. It is also the widest globally networked remittance brand with over 700 branches across 31 countries in five continents. Its strong correspondent banking relationship with over 150 global banks adds to the might. More than 9000 professionals representing over 40 nationalities, strive to achieve excellence and bring delight to customers, worldwide. This penchant for quality has won the ISO certified brand many global awards for quality & business excellence, and earned the trust of customers, partners and regulators alike, thus earning the acclaim ‘World’s Trusted Money Transferrer’.

Xpress Money is a global money transfer brand with a thriving presence in more than 150 countries in 5 continents across 170,000 agent locations. Working towards the goal of Bringing Home Closer to millions of migrants residing away from their homes, Xpress Money has come to be known as the most dependable international money transfer brand. Xpress Money provides its customers a simple, fast & safe way to transfer money through innovative technology, superior customer service and its extensive worldwide network.

Cricket Icons, Senior officials of UAE Exchange, Xpress Money, Abu Dhabi Community Police, Special Invitees and the Media attended the event.

For more information, visit www.uaeexchange.com, and www.uaeexchangeblog.com 

To participate in our exciting contests, join us on Facebook by logging on to www.facebook.com/uaeexchange

UAE Exchange awarded Dubai Chamber CSR Label again

The leading global remittance and foreign exchange brand was awarded with the Dubai Chamber CSR Label for the second consecutive year, 2013. The award function took place on the 21st of January, 2014.

UAE Exchange has always believed in emerging into a model corporate citizen. In its 33+ years of active presence in the industry, the remittance major has ensured that it contributed towards forming a stable and healthy society. These efforts were recognised by the Dubai Chamber CSR Label, which awarded the CSR Label to UAE Exchange for the second consecutive year. The event took place on the 21st of January, 2014 at the Dubai Chamber premises. Mr. Varghese Mathew, Country Head, UAE Exchange – UAE, received the award from His Excellency Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber Board. The Dubai Chamber of Commerce and Industry honoured 13 major organisations for their efforts to lead by example in corporate social responsibility and sustainability.

On the occasion, Mr. Varghese Mathew said, “Receiving the Dubai CSR Label for second time is a great motivation for all of us at UAE Exchange. We have always aimed at making a difference to the society, beyond profits. Utmost care has been taken to touch upon the lives of everyone positively, empowering communities; contributing to economies; serving and replenishing the society at large. This is a very proud moment for all of us and we hope to bring about transformation and celebration into our society furthermore.”

The Dubai Chamber CSR Label has been designed to provide a free diagnostic framework, as well as a learning and development tool that will help companies to define and improve their CSR strategy, policies, and management practices. It is tailor-made for the Middle East, specifically for the UAE, and is based on international standards and best practices. Streamlining CSR initiatives in corporates; reviewing, evaluating and providing feedback of a company’s CSR strategies and actions; creating better communication between companies and stakeholders on CSR commitments, are some of the objectives of this initiative.

Over the years, UAE Exchange has joined hands with many Non-Governmental Organisations (NGOs) to stand up for various humanitarian and environmental causes. In 2012, the remittance major held a nation-wide campaign ‘Mission Zero Suicide’ to help expatriates to cope up with the economic crisis leading to financial instability. UAE Exchange regularly ties up with UNICEF and UNWFP for various social and environmental causes. As an organisation, UAE Exchange has always been sensitive towards those, who haven’t been fortunate enough and always felt the need to add value to their lives. It is these efforts, which have found recognition.

The event was attended by senior officials of UAE Exchange, special invitees and the Media.

For more information, visit www.uaeexchange.com

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Qatar UAE Exchange bags ‘Best Customer Service’ award

Qatar UAE Exchange bags the Award for Best Customer Service given by International Finance Magazine, UK. Edison Fernandez, Country Head, Qatar UAE Exchange, received the award in an event held at Jumeirah Emirates Towers Hotel, Dubai, recently.

Fernandez said: “It is a very euphoric moment for all of us at UAE Exchange, especially the Qatar team. UAE Exchange has always kept ‘customer experience’ at the forefront of all its efforts, and to get acknowledged and appreciated for the same is a like a dream come true. We take this opportunity to thank International Finance Magazine for this recognition and will work harder to further enhance our customer service experience.”

Source
The Peninsula

UAE Exchange Continues its Social Media Leap, Attains 3, 00, 000 Followers on Facebook

Christmas and New Year just got more exciting for UAE Exchange! Our latest social media achievement – 3, 00, 000 followers on Facebook – raises the fervour of the festive season. We had celebrated the milestone of reaching 2, 00, 000 fans on Facebook in May this year.

UAE Exchange Facebook page has been a platform of fun and excitement this year. UAE Exchange endeavoured to make every momentous occasion more special for its audience through its contests and prizes (Read: Super duper children win the Super Moms contest!). Our efforts did not go in vain for we received overwhelming response for our contests.

UAE Exchange Facebook page has also been a medium for informative updates about the company and its products and services. Our audience received regular updates about all the interesting events happening in our online sphere and at various UAE Exchange branches across the world.

A commitment to keeping our audience engaged with interesting content continues to be the core reason for the growing Facebook community of UAE Exchange. We have time and again been overwhelmed by audience response. UAE Exchange will endeavour to bring only the best for them in the year ahead too!

We thank our audience for the continuing support. Have you visited our page yet? If you haven’t, you are missing what our 300,000 fans enjoy- the joy of being part of the exciting, vibrant community of UAE Exchange Facebook fans. Please visit, like and join the effervescent online family. Log on to www.facebook.com/uaeexchange

UAE Exchange-45th outlet in Oman

Oman UAE Exchange, the only IMS Certified Exchange Company in Oman has opened their 45th outlet in Oman in Dhofar Region (New Salalah) on 18th December, 2013. This is the 3rd branch in Salalah the other two being in Sanayya area and 23rd July Street.

“The Company has been in the forefront in moving to locations considering solely the convenience of the public. This has enabled us to be a highly visible brand which is also customer friendly” – Mr. Tonny George Alexander, Chief Executive of Oman UAE Exchange said.

“The Year 2013 was good for us. We opened few outlets in the current year and were also honored with the Superbrands award for the 5th consecutive time and the BIZZ award for the 2nd consecutive year. Being the only exchange company to be rewarded adds color to this achievement” – Chief Executive added.

For more information log on to www.uaeexchange.com and follow us on facebook www.facebook.com/uaeexchange.oman

Mobile Payments: Be Aware of Risks Involved to Derive Maximum Convenience

Summary: Mobile payments can upgrade your life, but it is equally important to be aware of risks involved therein, to take essential precautions and make your experience really enriching.
The significance of mobile money is becoming increasingly evident with more and more people choosing the channel for handling financial tasks such as money transfer and bill payments. According to technology research firm Gartner, value of mobile payment transactions is set to go beyond $235 billion in 2013, which is a substantial increase by 44% from 2012. The number of people using mobile payments is likely to be 245.2 million in 2013, according to the same research , which is an increase from 200.8 million in 2012 (Source: Gartner).

In addition to increased convenience, mobile money has been to known to bring a brighter impact in rural regions of developing countries where banks or other financial services are mostly non-existent. People in these areas leverage the cost-effective mobile channel to receive and save money, and improve their standard of living.

Real Life Applications of Mobile Payments
You can use mobile money for a range of activities, from paying for your car parking; transferring money to your child’s school; sending money to the hospital to handle a medical emergency; to transferring money to another country. The most common real life applications of mobile payments include:

• Payments at retail outlets
• Bill payments
• Micropayments (Payments involving low amounts, which cannot be paid through debit or credit cards ($5, £7, etc.))
• Money transfers (domestic or international)
• Salary reception
• Technological advancements widen the possibility of inclusion of more innovative services within the ambit of mobile payments.

Types of Mobile Payment Frauds
Vishing or Smishing – This type of fraud involves extraction of sensitive financial information such as your bank account numbers and PIN, through a tricky phone call or SMS. For example, you may receive a call or SMS that your bank account has been compromised and that your details would be essential to solve the issue. The message or call specifies either a website or a phone number that you need to use to give your bank account or credit card details.
Advance or Upfront Fee – You may be asked to deliver money upfront to avail a service or product, or to contribute to a cause. You are more likely to lose money if you follow the fraudster’s instructions and make a mobile payment in advance.

Money Reversal Requests – A fraud that most merchants may have fallen prey to, this happens when you sell products or services and get paid in mobile money. Your customer places a request for the order and once a delivery has been made, he or she calls the mobile network service provider to cancel the order; common reasons that fraudsters give for cancellation are that the order was made by mistake, or that the call was placed to the wrong phone number.
The fraudster then requests reversal of money placed for the order. You stand to lose money if the phone operator cancels the order without checking with you.

Such opportunities of fraud often occur due to poor technological infrastructure of the mobile network operator. With advanced technology, it is possible to integrate merchant systems with communication networks of mobile network operators and provide live transaction updates.

Identity Theft – Employees of your mobile network operator may make use of your financial information to gain unlawful access to your funds. Employees may also collude with fraudsters and leverage security drawbacks of the mobile network service provider to access your financial accounts. Agents of mobile phone operators, too, may be involved in such fraudulent activities.

Most of the time frauds can be averted by choosing a reliable mobile payment service provider. Ask questions about the service provider’s technology and policies to combat fraud. Companies must have strict Know Your Customer (KYC) policies, customer profile building and monitoring, employee and agent monitoring, and reliable technologies, to fight fraud.

Have you ever been a victim of mobile payment fraud? Share your story here. Tell us what we can do as a mobile payment service user to prevent becoming fraud victims.

#uaeexchangeandme contest results!

UAE Exchange is a trusted money transfer brand. This statement is proved once again, thanks to the overwhelming response from our customers, who have been part of our eventful journey of 33 years. They connected with us on twitter and told us what they felt, straight from the heart, in the most creative fashion. They told us how they felt about their favourite money transfer brand. Shared with us their best moment with UAE Exchange. The contest ended on 6th Nov. 2013 and the winners are:

1st Prize: Jane Carol
2nd Prize: Navya Rajeevan
3rd Prize: Ravichandran
4th Prize: MsDee
5th Prize: Bonie Samontina Jr.
6th Prize: Sabeena Alnuhasi
7th Prize: Joy Tapon
8th Prize: Sadie Deomano
9th Prize: Karen Zyra Bona
10th Prize: Tasneem A Majeed

Hearty congratulations to all the winners and thank you all for your participation.

For more information, please  mail us at online.desk@uaeexchange.com with #uaeexchangeandme Contest 2013’ in the subject line.

UAE Exchange joins hands with Canara Bank for FLASHremit

UAE Exchange joins hands with Canara Bank to offer FLASHremit – the real-time account credit facility, to the expatriate customers. An agreement was signed by the top officials of both UAE Exchange and Canara Bank, for the same.

Dr. B R Shetty, MD & CEO, UAE Exchange, along with Mr. V. S. Krishnakumar, Executive Director, Canara Bank, in the presence of Mr. Y Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange (second from left), Mr. K. Dayakara Kamath, Deputy General Manager, Canara Bank (Third from right) and other senior officials of UAE Exchange and Canara Bank, on the occasion of signing the agreement for FLASHremit.

UAE Exchange, the leading global remittance and foreign exchange brand, joins hands with Canara Bank, to offer FLASHremit. Now, all Canara Bank expatriate customers can send money in real-time, to their accounts, back home.

“Convenience to customers has been a UAE Exchange trait and we have always strived to cater to our customers with the latest in technology.” said Dr. B. R. Shetty, MD & CEO, UAE Exchange. “It is our pleasure to partner with Canara Bank for FLASHremit, which empowers our customers to send money in real-time. At UAE Exchange, we look forward to add more value to the customers, thus further strengthening the relationship.” added Dr. Shetty.

Mr. V S Krishnakumar, Executive Director, Canara Bank, said, “Enhanced customer experience has been our vision and we are glad to have a strategic partnership with UAE Exchange which thinks alike, for the customers. We are associated with the remittance major for quite long and we see this tie up, as a Diwali gift for our customers”.

FLASHremit is the real-time account credit facility from UAE Exchange. It is a unique product of its kind, which remits cash to bank account, in real time. FLASHremit has already marked its presence in Bangladesh, India, Indonesia, Nepal, Pakistan, Philippines and Sri Lanka. Famed for its excellent customer service, UAE Exchange serves to over seven million customers and their dear ones, worldwide. This widest globally networked remittance brand has over 700 branches across 30 countries in five continents. Its strong correspondent banking relationship with over 150 global banks add to the might.

More than 9000 professionals representing over 40 nationalities, strive to achieve excellence and bring delight to customers, worldwide. This penchant for quality has won the ISO certified brand many global awards for quality & business excellence, and earned the trust of customers, partners and regulators alike, thus earning the acclaim of the World’s Trusted Money Transferrer.

Canara Bank was established in 1906, in Mangalore by Shri Ammembal Subba Rao Pai a great visionary and philanthropist,. It attained National Level status in 1969, which was then followed by several milestones in its 100 plus years of successful service. Today, Canara Bank occupies a premier position in the comity of Indian banks, with an unbroken record of profits. With over 4,000 branches spread across the counry, Canara Bank also became the first Public Sector Bank to obtain ISO Certification for a branch. Over the years, the Bank has scaled up its market position to emerge as a major ‘Financial Conglomerate’ with as many as nine subsidiaries/sponsored institutions/joint ventures in India and abroad.

The event was attended by senior officials of UAE Exchange and Canara Bank, along with special invitees and the Media.

For more information, visit www.uaeexchange.com and www.uaeexchangeblog.com

To participate in our exciting contests, join us on Facebook by logging on towww.facebook.com/uaeexchange

UAE Exchange joins Nokia to launch new mobile application, exclusively for Nokia Lumia and Nokia Asha smart phones

The mobile application will be running exclusively on all Nokia smart phones, including Lumia devices with Windows Phone 8 and Nokia Asha Full Touch devices. Currently the application enables information retrieval; the forthcoming versions will have transaction features as well. 

Browse away for exchange rates and interesting offers on smart phones now. The trusted remittance brand, UAE Exchange, in association with Nokia, the mobile phone solutions provider, and Asgatech, technology partner of the remittance major, has recently launched its exclusive mobile application that enables customers to get information on the latest exchange rates, offers and updates from their region right on their phones. It is integrated with Nokia’s HERE maps and HERE Drive. Users of the app will also be able to find branches on the map and use the voice-guided navigation that comes on Nokia Lumia smart phones. This will be available across all locations, where UAE Exchange has operations. The app is built for Windows Phone and Nokia Asha Full Touch platform. Currently it is meant for information retrieval purposes. Transactional features shall be included in the subsequent versions of the app.

Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, said, “UAE Exchange has always been a trendsetter and a thought leader in the remittance and foreign exchange industry. We are in a transitional period, where the evolution of technology in the telecommunication industry is taking place so rapidly, that every other person has a smart phone, which is a multi-activity device today. Through this initiative of going mobile, we have reached another milestone in our efforts to be easily accessible to our customers. We are glad that we partnered with Nokia to make this dream, a reality. We are working on improving the app with transactional features, which will enable our customers to send money right from their phones.”

Mr. Praveen Prabhakaran, Head of Developer Experience – MENA, Nokia, said, “We are indeed very happy to partner with UAE Exchange, which is known for its innovative edge and technology leadership. Our shared vision to bring the best services and innovation to our consumers was instrumental in bringing this project to life. We look forward to further innovate together and continue spearheading unique mobile services and apps that will delight our consumers in the region.”

UAE Exchange always aims to get closer to its customers, giving them a bit more than before. Its strong in-house technology team develops cutting edge solutions, which sets a trend and brings in new standards, maintaining seamless connectivity between systems and processes. It doesn’t compromise on speed, quality, and reliability of services like MyBranch – the unmanned electronic channel through which customers can make their transactions, independently; FLASHremit – the facility for instant bank transfers; and Smart Pay payroll solution, with its feature-rich portal, , which enables clients to upload and track salary payments online. Not to forget its electronic payroll card, powered by MasterCard, which further enhances the convenience of the employees of Smart Pay clients. UAE Exchange has ensured that it leveraged innovation and speed of technology to give its customers a great experience.

The techno-savvy brand is also known for its excellent customer service and widest network among remittance brands with over 700 branches in 30 countries across five continents. It serves over six million customers, worldwide. Strong correspondent relationship with over 150 global banks further adds to the might. Customers can walk in to the nearest one to address their multiple financial requirements viz. money transfers, currency exchange, bill payments, salary collection and more, under one roof. Its penchant for quality has won UAE Exchange many awards and earned the trust of customers, partners and regulators alike, thus helping it to get the acclaim of the World’s Trusted Money Transferrer.

For more information, visit www.uaeexchange.com

To participate in our exciting contests, join us on Facebook by logging on towww.facebook.com/uaeexchange

About Nokia

At Nokia, we are committed to connecting people. We combine advanced technology with personalized services that enable people to stay close to what matters to them. Every day, more than 1.3 billion people connect with one another using a Nokia device – from mobile phones to advanced smart phones and high-performance mobile computers. Nokia’s NAVTEQ is a leader in comprehensive digital mapping and navigation services, while Nokia Siemens Networks provides equipment, services and solutions for communications networks globally. This Nokia press release and other news are available at http://press.nokia.com