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Mar. 6, 2007
TeleNav Press Release:
Frost & Sullivan Honors TeleNav with 2007 North American Mobility Award
TeleNav GPS Navigator™ recognized in LBS Navigation category
Sunnyvale, CA – March 6, 2007 – TeleNav Inc., the first company to launch a GPS navigation system on mobile phones in the U.S., today announced it has received the 2007 North American Mobility Award for LBS Navigation by growth consulting firm Frost & Sullivan. TeleNav GPS Navigator was given the highest ranking in the category and was selected based on market leadership and product innovation. Frost & Sullivan will present the award to TeleNav representatives this week during the firm’s annual Mobility Awards Banquet in Indian Wells, Calif. “This is the year for mobile navigation, and TeleNav is a clear leader in the industry,” said Brent Iadarola, Global Research Director for Mobile & Wireless at Frost & Sullivan. “TeleNav GPS Navigator is giving traditional navigation devices a run for their money by offering a technology that is innovative, user-friendly and affordable.” TeleNav was the first company to launch a GPS navigation system on a mobile phone in the U.S., first to launch full-color 3D maps on a mobile phone and the first to provide intelligent traffic alerts and one-click rerouting on a mobile phone. Other features of TeleNav GPS Navigator include voice and on-screen, turn-by-turn directions, Biz Finder™ with more than 10 million points of interest, speech recognition, lowest price fuel finder, Wi-Fi hotspot finder and more. TeleNav GPS Navigator is currently available in multiple countries in North America, Latin America, Europe and Asia. “We are honored to have received this prestigious award from Frost & Sullivan,” said Dr. H.P. Jin, president, CEO and co-founder of TeleNav. “We have an incredible team of people who have worked very hard to consistently innovate and set the bar high for the industry. We are committed to providing a product that changes how the world views and uses navigation.” The Mobility Awards are a unique set of awards selected by a committee made up of more than 30 editors and analysts in the wireless industry. The awards represent the best products as voted on by this select group of industry experts. To choose nominees, the analyst team tracks all new product launches, R&D spending, products in development and new product features and modifications. The winners are selected based on significance of new products in the industry, competitive advantage, product innovation and product acceptance in the marketplace.
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Media Contacts
Mary Beth Lowell
425-531-0122 phone
marybethl@telenav.com
Mark Burfeind
206-240-3970 phone
markb@telenav.com
Todd Witkemper
408-306-6677 phone
toddw@telenav.com
About TeleNav
TeleNav, Inc. is a leading provider of consumer location-based services (LBS), enterprise LBS and automotive LBS. TeleNav's solutions provide consumers, wireless service providers, enterprises and automakers with location-specific, real-time, personalized services such as GPS navigation, local search, mobile advertising, mobile commerce, location tracking and workflow automation. TeleNav's technology is available across more than 500 types of mobile phones, all major mobile phone operating systems and a broad range of wireless network protocols. TeleNav's service providers and partners include AT&T, Bell Mobility, Boost Mobile, China Mobile, Cincinnati Bell, Ford Motor Company, NII Holdings, Rogers, Sprint Nextel, Telcel, T-Mobile UK, T-Mobile USA, U.S. Cellular, Verizon Wireless and Vivo Brazil.
For more information on TeleNav, please visit www.telenav.com. Follow TeleNav on Twitter at www.twitter.com/telenav or on Facebook at www.facebook.com/telenav
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.
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