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Jul. 17, 2007
TeleNav Press Release:
TeleNav Selected by AlwaysOn as an AO100
Recognized for leadership in emerging technology and global business potential
Sunnyvale, CA – July 17, 2007 – TeleNav, the first company to launch a GPS navigation service for mobile phones in the U.S., today announced that it has been chosen by AlwaysOn as one of the AO 100 Top Private Companies for 2007. The fifth-annual elite AO100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the AO100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 1,000 nominations from venture investors, investment bankers and other industry experts.
TeleNav and the AO 100 Top Private Companies for 2007 will be honored at the AlwaysOn Stanford Summit to be held July 31 – Aug 2, 2007, at Stanford University. The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The idea behind the AO100 Top Private Companies list is to identify the most promising entrepreneurial opportunities and investments in the global technology industry.
TeleNav’s flagship product, TeleNav GPS Navigator™, is deployed with major wireless carriers worldwide, providing turn-by-turn, GPS-enabled, voice and onscreen driving directions on mobile devices. The company recently launched the industry’s first road traffic alerts feature with one-click button rerouting. TeleNav has also incorporated social-networking capabilities such as location sharing and business reviews, further enhancing the end-user experience. With a flexible product that is compatible with every mobile platform, TeleNav maintains its technical leadership position.
A full list of all the AlwaysOn Top 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/15899
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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
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