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TeleNav Helps Organizations Keep Track of Mobile Assets

Jan. 29, 2008

TeleNav Asset Tracker(tm) monitors GPS location of vehicles and equipment

Sunnyvale, Calif. – January 29, 2008 TeleNav, Inc., today announced the addition of TeleNav Asset Tracker to its Mobile Resource Management (MRM) product line.

TeleNav Asset Tracker is a small, battery powered GPS tracker that can be placed on vehicles, trailers, tractors or heavy equipment to monitor their locations. Using any PC and an Internet browser, organizations can log into a password-protected Web site and view the exact position of all mobile assets, updated each hour. The product can also be customized to send an alert as soon as an asset moves from its current location.

“It can be difficult for organizations with large fleets or equipment yards to keep track of their assets,” said HP Jin, TeleNav president, CEO and co-founder. “TeleNav Asset Tracker is an affordable, easy-to-use product that gives companies peace of mind knowing where every vehicle or piece of equipment is located. Our goal with this product is to not only help these companies improve operations efficiency but also asset security.”

TeleNav Asset Tracker is available immediately and costs $199.99 per device and $19.99 per month for the Web-based tracking feature. Companies also pay a one-time setup fee of $19.99 and need to have a Sprint Data Access Plan which costs $7.00 per month. For a free consultation or to order TeleNav Asset Tracker, customers should visit www.TeleNav Treack.com or call 1.88.TeleNav.2 (1.888.353.6282).

Media Contacts

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

About TeleNav Inc.

TeleNav, Inc. is a leading provider of location based services, or LBS, including voice guided navigation, on mobile phones. TeleNav's LBS solutions provide consumers and enterprises with convenient and easy to use location specific, real time and personalized features and functions. TeleNav's flexible and proprietary LBS platform enables it to efficiently provide its LBS to millions of end users, across more than 500 types of mobile phones, all major mobile phone operating systems and a broad range of wireless network protocols. TeleNav's wireless carrier partners include Alltel, AT&T, Bell Mobility, Boost Mobile, China Mobile, Cincinnati Bell, NII Holdings, Rogers, Sprint Nextel, T-Mobile UK, T-Mobile USA, Telcel, Telecom Italia Mobile, Verizon Wireless and Vivo Brazil. TeleNav's other partners include Ford Motor Company, Hewlett-Packard, HTC, INRIX, LG, Motorola, NAVTEQ, Nokia, Palm, Qualcomm, Research In Motion, Samsung, Sanyo and Tele Atlas. TeleNav is headquartered in Sunnyvale, California.

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

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