Mar. 6, 2007
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.
About Telenav, Inc.
Telenav is the leader in personalized navigation. Our mission is to help reduce stress, improve productivity, and make life more fun for people on the go.
Our personalized navigation apps like Scout help people make smarter decisions about where to go, how to get there, and when to leave. Our location-targeted advertising platform Thinknear delivers highly-targeted advertising for national brands and small businesses at locations that drive consumer behavior to the advertisers' goals.
Our products are found in mobile app stores, distributed through our carrier partners (AT&T, Sprint, T-Mobile, and U.S. Cellular), embedded in connected cars (Ford), and on the web at www.telenav.com, www.scout.me and www.thinknear.com.
Copyright 2014 Telenav, Inc. All Rights Reserved.
"Telenav," "Scout," the Telenav and Scout logos, "telenav.com" and "scout.me" are registered and unregistered trademarks and/or service marks of Telenav, Inc. Unless otherwise noted, all other trademarks, service marks, and logos used in this press release are the trademarks, service marks or logos of their respective owners.
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.Back to Press Release Index