Munich, Germany — November 8, 2011 — Telenav, Inc. (NASDAQ: TNAV), one of the largest global wireless location-based services providers, today announced a new version of its automotive navigation platform. Telenav Auto 2.0 continues to push the boundaries of vehicle connectivity, offering a new navigation platform with mobile phone, cloud and deep vehicle integration. Telenav Auto helps drivers search, find and drive to places more reliably, easily and safely.
Embedded navigation systems powered by Telenav Auto 2.0 combine phone and vehicle technology to offer a unique, connected experience. Drivers can leverage Telenav’s mobile phone and automotive software for a complete experience inside and outside the car, sending destination information from their phone directly to the car. In addition, Telenav Auto gives drivers easy, hands-free access to information on their mobile phones, such as calendars and contacts for turn-by-turn navigation to their appointments or contact’s location.
Most in-vehicle navigation systems are only able to receive information that is broadcasted over terrestrial radio or satellite systems. With Telenav Auto 2.0, navigation systems can now directly interact with Internet-based information for the latest places, search algorithms, mapping data, real-time traffic, and other dynamic content such as weather and gas prices. Additionally, it provides access to HTML5 applications, which allows manufacturers to create and deliver new services without having to physically update the vehicle’s software.
Telenav Auto 2.0 provides critical road information to the powertrain and other vehicle electronic systems to make intelligent safety and fuel efficiency decisions based on what drivers will most likely encounter. This information, known as an electronic horizon (EH), includes road attributes such as curvature, grade, bank, speed-limit, exit ramps, road type and stop signs. In addition, EH incorporates connected device data to better understand route probability based on driving behavior. The integration of EH, combined with dead reckoning and electric vehicle route capabilities, makes Telenav an in-vehicle connectivity leader.
"The lines between off-board and on-board navigation and search continue to merge, allowing for a more connected, personalized experience in the car,” said Sal Dhanani, vice president of products at Telenav. “Telenav Auto 2.0 integrates key aspects of the phone, the cloud and the car to take connected navigation to a new level for drivers around the world."
Founded in 1999, Telenav has global experience providing navigation to the auto and mobile industries, with a presence in Asia, Europe, North America and South America. Telenav is currently partnered with Ford and Delphi to provide connected services in vehicles worldwide.
Telenav Auto 2.0 brings a single global navigation and search solution to the automotive industry. It is available to automakers and Tier1s in more than eight regions, supporting 16 languages and dialects. In addition, Telenav Auto 2.0 includes search and localized maps in more than 60 countries, which can be accessed through voice commands or a full-color LCD touch-screen.
Representatives from Telenav will be available to demonstrate this new technology at Telematics Munich 2011 on November 9 and 10, 2011 from 8:00am – 6:00pm CET at The Hilton Munich Park Hotel in Munich, Germany.
Telenav, Inc. is a leading provider of consumer location-based services (LBS), enterprise LBS and automotive LBS with more than 26 million paying subscribers as of September 30, 2011. 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 1,200 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, QNX Software Systems, 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
Investor Relations
Cynthia Hiponia
The Blueshirt Group (for Telenav)
408-990-1265
IR@telenav.com