SAN JOSE, Calif., June 01, 2016 (GLOBE NEWSWIRE) -- Apigee® (NASDAQ:APIC), developer of a leading cloud native API platform for digital business, today announced that TomTom, a global navigation, traffic and mapping technology company, is using the Apigee Edge API management software to monetize its APIs and expand the universe of mobile applications that feature TomTom services. With the help of Apigee’s platform, TomTom aims to provide developers with easier access to scalable and secure APIs that deliver TomTom services such as mapping, traffic monitoring, routing, and search features, so developers can build more informative and engaging applications.
“From consumer gadgets to the retail and automotive industries, GPS technology touches many facets of our lives. The Internet of Things is expanding this by creating a world where every connected device needs to know where it is in relation to other devices,” noted Ed Anuff, senior vice president of Strategy at Apigee. “We welcome TomTom as another marquee Apigee customer that is using APIs to help people connect to each other and to the world around them.”
Over five years into their online services program, TomTom saw Apigee’s API platform as a key enabler of the company’s shifting organization and business model.
“We believe the Apigee API platform will help TomTom attract a wide array of developers to our site and services by providing a modern, mobile, and feature-rich system that can handle and support the growth of our own offerings as well as those of our customers,” said William Deurwaarder, vice president of navigation developer relations at TomTom. “On top of that, the Apigee API platform will give us better documented control over our data flows.”
Apigee’s flagship Apigee Edge API management software empowers organizations to securely deliver and manage APIs, with agility and at scale. Apigee Edge is part of Apigee’s leading cloud native API platform, which also includes Apigee Insights, an API-based, self-service predictive analytics solution; Apigee Link, an API-first Internet of Things (IoT) product for connecting devices to the Internet; and Apigee Sense, an intelligent API security product.
Apigee® (NASDAQ:APIC) provides a cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California. For more information, go to http://apigee.com.
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding market adoption of digital technologies, planned customer adoption and implementation of Apigee’s products, potential future customer opportunities and opportunities between Apigee and TomTom Navigation. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.
The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
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