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Jan. 29, 2008

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TeleNav Helps Organizations Keep Track of Mobile Assets

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).


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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

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