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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 privately-held company headquartered in Sunnyvale, California. Deployed by 15 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 services are available on more than 500 wireless devices and run on most major mobile platforms currently available. TeleNav’s service providers include . TeleNav’s partners include Ford Motor Company, Hewlett-Packard, HTC, INRIX, LG, Motorola, NAVTEQ, Nokia, Palm, Qualcomm, Research In Motion (RIM), Samsung, Sanyo and Tele Atlas.

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

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