Introducing the TeleNav Shotgun™

January 20, 2009 – New Features Announced:

Mileage Tracking & Business Ratings/Reviews

TeleNav Introduces Its First Two-Way,
Internet-Connected GPS Personal Navigation Device

“Real-time information continues to be the most desirable of features among [personal navigation device] owners, including real-time traffic capability, current weather/forecast and up-to-date market information (such as average gas prices).”

— J.D. Power and Associates 2008 Portable Navigation Device Usage and Satisfaction Study^sm

TeleNav, Inc., the first company to launch a cell phone GPS navigation service in the U.S., today unveiled TeleNav Shotgun, TeleNav’s first two-way, Internet-connected GPS personal navigation device (PND). Available for purchase immediately, TeleNav Shotgun leverages the wireless network to provide real-time, connected features for business travelers including traffic alerts, Internet content (maps and business listings) and updated gas prices.

Through TeleNav Connected Service^sm, TeleNav Shotgun monitors traffic conditions along drivers’ routes and proactively searches for congestion or incidents. Customers will be alerted to traffic delays, both audibly and on-screen, and can choose an alternative route to their location with one touch. Users can also access specific incident information and determine the traffic speed / flow of major highways along their route. TeleNav Shotgun even displays an updated estimated time of arrival (ETA) based on traffic, speeds and distance.

TeleNav Connected Service also keeps content (maps and local search data) up-to-date so users do not have to separately download new information. TeleNav Shotgun comes with 11 million points of interest (POIs), one of the largest databases of business listings available on a PND. Categories are easy to search and include a variety of locations, including restaurants, hotels, airports, Wi-Fi hot spots and regular gas price updates. A customer can also type in the name of a specific business. Business listings include phone numbers so users can save money on 411 charges if they need to call ahead.

Users can also preplan trips, save addresses and manage accounts online at www.telenav.com. Customers can save locations in their ‘My Favorites’ folder, which will be automatically downloaded on their device next time they turn it on. Additionally, the new My TeleNav Internet browser plugin for Internet Explorer®, Firefox® and Google® toolbars provides users an easy way to send addresses to their TeleNav Shotgun from any Web page. Users can simply highlight an address and click the TeleNav button on their toolbar. The address will be automatically added to My TeleNav for later use on their Shotgun device. Online access means that administrative assistants can help preplan business trips as well.

TeleNav Shotgun is a good choice for both new customers as well as those already using TeleNav GPS Navigator™ on their mobile phone.

With the TeleNav Connected Service, TeleNav Shotgun users can take advantage of upgrades without having to purchase a new device.¹ Updates will be delivered via the wireless network, so users don’t have to deal with the hassle of connecting cables and downloading software on a PC.

¹ New features may be packaged and sold differently and may require additional fees. Details will be available when the new features are released.

Just Announced!

Mileage capture and business reviews are now available to any TeleNav Shotgun customer using TeleNav Connected Service. Customers can now track miles driven using TeleNav Shotgun, saving valuable time and resources they may have otherwise spent compiling expense reports. From their PC, they can log into My TeleNav to view and download reports as Microsoft Excel or Adobe PDF files. TeleNav Shotgun now also provides customers with ratings and reviews for various points of interest (POIs), including restaurants, hotels and shopping malls, and allows customers to rate the POIs directly from their device. Please click here for more information.

Quotes

“Real-time information continues to be the most desirable feature among PND owners, including real-time traffic capability, current weather/forecast and up-to-date market information, such as average gas prices.”

— JD Powers’ 2008 PND Usage and Satisfaction Study

“Connected navigation means your device won’t have a limited shelf life. Using a PND without a connection is like using a laptop without an Internet connection. It limits you to information that resides on the device. Business travelers need to stay connected in order to stay productive and up-to-date.”

“We’re leveraging our experience and success with connected cell phone GPS navigation to provide the best in connected PNDs. Now we offer our customers both options. The wireless connectivity of TeleNav Shotgun means they get the same features and convenience that they’re familiar with in TeleNav GPS Navigator, with the added value of a larger screen.”

— HP Jin, president, CEO and co-founder of TeleNav

“According to recent research from industry analyst firm Berg Insight, PNDs and cell phone GPS solutions will co-exist in the market as demand will continue for both.”

— Mobile Navigation Services, Berg Insight, October 2008

“We have found, through several recent consumer surveys, that mobile handset navigation and PNDs may actually be complementary rather than competing. More than 30 percent of consumers that we surveyed last year said they would consider buying both.”

— David Chamberlain, principal wireless analyst with In-Stat

Availability and Hardware Info

TeleNav Shotgun is available immediately for $299 and includes three months of free TeleNav Connected Service.

TeleNav Connected Service includes real-time traffic alerts, Internet search with over 11 million business listings, updated maps, online preplanning, and access to selected new features when they are available.

Options for service plans include:

2 Year Plan: $239 (equivalent to $9.96 per month)
1 Year Plan: $129 (equivalent to $10.75 per month)
Month to Month: $11.99 per month

Device owners not wishing to subscribe to TeleNav Connected Service following the three-month free period included with their purchase will be able to use the TeleNav Shotgun for GPS-enabled turn-by-turn navigation but will not have access to connected features such as real-time traffic and online preplanning.

TeleNav Shotgun Highlights

Hardware Highlights:

Slim and portable at 4.9L x 3.1W x 0.75H inches
High-quality 4.3 inch TFT LCD touch screen
Car and home charger
Mounting arm and cradle

Software Highlights:

Onscreen and voice guidance with spoken street names
Full-color 3D moving maps
Over 11 million POIs
Preloaded with maps of U.S., Canada and Puerto Rico²

TeleNav Connected Service Highlights:

Real-time traffic updates and intelligent rerouting
Internet-connected
Search Online preplanning: send addresses from the Web to your device
Access latest releases of maps and POIs
Access to selected new features when available

To find out more information or to purchase TeleNav Shotgun, visit www.telenav.com/shotgun or call TeleNav at 1 88 TeleNav 8 (1.888.353.6288).

² TeleNav Connected Service is only available while traveling in the U.S.

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About TeleNav Inc.

TeleNav, Inc., a privately-held company headquartered in Sunnyvale, California, was the first to launch a cell phone GPS system in the United States. Deployed by 14 carriers in 21 countries, TeleNav is a global leader in wireless location-based services (LBS). Currently, the company’s solutions are available in four continents, including North and South America, Asia and Europe.

TeleNav’s solutions include GPS navigation, Mobile Resource Management (MRM), social networking and local search. The company’s flagship service, TeleNav GPS Navigator™, offers functionalities comparable to in-car systems and standalone navigation devices, such as automatically-updated maps and business locations, full-color 3D moving maps, traffic alerts with one-click rerouting, location-sharing, business reviews, speech recognition, Wi-Fi hotspot finder, gas price finder and more. TeleNav also delivers its award-winning navigation service on the TeleNav Shotgun™, a standalone GPS personal navigation device (PND) tailored specifically for business travelers. TeleNav’s enterprise application, TeleNav Track™, incorporates GPS-enabled tracking, time sheets, wireless forms and navigation. TeleNav Track is a widely adopted service with over 9,000 customer organizations using it today.

TeleNav services are available on more than 450 wireless devices and run on most major mobile platforms currently available. TeleNav’s partners include Alltel, AT&T, Bell Mobility, Boost Mobile, China Mobile, deCarta, Ford Motor Company, Hewlett-Packard, HTC, INRIX, LG, Motorola, NAVTEQ, NII Holdings, Nokia, Palm, Qualcomm, Research In Motion (RIM), Rogers, Samsung, Sanyo, SouthernLINC Wireless, Sprint Nextel, T-Mobile Austria, T-Mobile UK, T-Mobile USA, Telcel, Tele Atlas, Verizon Wireless and Vivo Brazil.

For more information on TeleNav, please visit www.telenav.com.

Copyright © 2009 TeleNav, Inc. All Rights Reserved. "TeleNav", "TeleNav Shotgun", "TeleNav GPS Navigator", “Mobile Resource Management (MRM)”, “asset GPS tracking (AVL)”, "TeleNav Track", the TeleNav logo, and "telenav.com" are registered and unregistered trademarks and/or service marks of TeleNav, Inc. Unless otherwise noted, all other trademarks, service marks, and logos used in this press release are the trademarks, service marks or logos of their respective owners.