TeleNav Press Release

TeleNav Names Douglas Miller as CFO to Spearhead Company’s Rapid Financial Growth

May 22, 2006

Seasoned executive to guide company through corporate expansion as the LBS market evolves

TeleNav Inc., the leading provider of wireless location-based services (LBS), today announced the appointment of Douglas Miller as Chief Financial Officer. Miller will be responsible for TeleNav’s financial operations and actively involved in strategic and tactical corporate planning.

With more than 20 years’ executive experience in finance for global high-tech companies, Miller brings a wealth of knowledge to TeleNav. Most recently, Miller served as Vice President and CFO of LongBoard, Inc., a privately-held, venture-backed provider of telecommunications software where he was responsible for financial and legal activities including negotiation and closing of
financing transactions.

Miller also helped lead the successful Initial Public Offering (IPO) of Synplicity, Inc., a provider of electronic design software, where he served as Senior Vice President and CFO. He was heavily involved in the selection of investment bankers, SEC filings, investor road shows and subsequent investor relations activities. Miller has assisted in completing several other IPOs for companies in the software, fabless semiconductor and online industries.

“TeleNav was an early leader in the LBS space, developing key partnerships with the nation’s top wireless carriers to offer the first GPS navigation service on mobile phones,” said Miller. “I am excited to be a part of this rapidly growing, fast-paced company that has emerged as an early leader in LBS. I aim to leverage my experience in guiding private companies through rapid growth, to help continue TeleNav’s success.”

“Doug’s extensive financial planning and reporting background for early growth tech companies makes him a great fit for our organization,” said Dr. HP Jin, president and CEO at TeleNav. “Following our recent $30 million financing, TeleNav needed an expert in global finance to oversee the operations and to manage investor relations. We are pleased to have Doug join the executive team and look forward to the positive impact he will have on the company as a whole.”

Miller has previously served as CFO for 3Dlabs Inc., Ltd, a manufacturer of semiconductor devices. He was also a partner at Ernst & Young LLP where he serviced global high-tech manufacturing and computer software companies.

Media Contacts

Mary Beth Lowell
Communications Manager
425-531-0122 phone
media@telenav.com

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 29 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 500 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, 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.

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