Loren Hillberg Named as Thinknear President & General Manager

October 14, 2014

Telenav Vice President and General Counsel Tapped to Lead Thinknear's Next Stage of Growth

SUNNYVALE, CA — Oct 14, 2014 — Thinknear® by Telenav® (NASDAQ: TNAV), today announced the appointment of Loren Hillberg as president and general manager. Hillberg steps into this role as of October 15, replacing current President and GM Eli Portnoy. Portnoy founded the company in 2011 prior to its 2012 acquisition by Telenav.

Hillberg takes charge of Thinknear following almost six years as vice president and general counsel at Telenav, Thinknear’s parent company. During the last two years, he has worked closely with Thinknear as a strategic advisor, helping to develop new location-based marketing tools.

"Thinknear has been doing great things, and I plan to continue with the same strategy and vision," Hillberg said. "It’s my goal to take the company to the next level, further establishing Thinknear as a leader in mobile advertising while continuing to influence the overall sector as well." Hillberg has successfully driven companies such as Micro Focus, Macromedia and Macrovision (now Rovi) through stages of rapid growth.

"Loren will bring fresh perspective to an already successful part of our company," said HP Jin, Telenav’s president and chief executive officer. "We’re sorry to see Eli go, but we know that under Loren’s leadership and experience with larger-scale businesses, we can expect continued growth and momentum. We would like to thank Eli for his leadership and we are excited to see Loren drive Thinknear’s continued success."

"I know that I am leaving Thinknear in excellent hands," said Portnoy. "Over the last two years, I've come to know Loren very well, and I know that he will further accelerate what is already a thriving arm of Telenav. Thinknear will continue pushing the marketplace forward under his leadership."

Hillberg, an alum of Stanford University and the University of California Hastings College of Law, will be based out of Thinknear’s Silicon Valley offices and will report directly to Jin.

About Thinknear

Thinknear is a location technology company and full-service mobile advertising network focused on delivering amazing advertising campaigns for agencies, brands and consumers. Thinknear's platform delivers the accuracy, scale and technology required to effectively leverage mobile location data to power better consumer experiences. In mobile, precision matters, and as a division of Telenav, Thinknear leverages exclusive access to over 14 years of proprietary location data. To learn more, please visit www.thinknear.com and follow @thinknear on Twitter.

About Telenav

Telenav is a leading provider of connected car and location-based services, focused on transforming life on the go for people - before, during, and after every drive. Leveraging our location platform, we enable our customers to deliver custom connected car and mobile experiences. Fortune 500 advertisers and local advertisers can now reach millions of users with Telenav’s highly-targeted advertising platform. To learn more about how Telenav’s location platform powers personalized navigation, mapping, big data intelligence, social driving, and location-based advertising, visit www.telenav.com.

Telenav is a leading provider of connected car and location-based services, focused on transforming life on the go for people - before, during, and after every drive. Leveraging our location platform, we enable our customers to deliver custom connected-car and mobile experiences. To learn more about how Telenav’s location platform powers personalized navigation, mapping, big data intelligence, social driving, and location-based advertising, visit www.telenav.com.

Copyright 2019 Telenav, Inc. All Rights Reserved.

Telenav and the “Telenav” logo are trademarks of Telenav, Inc. All rights reserved. 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.

"Telenav," "Scout," and the Telenav and Scout logos are registered trademarks 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.

“Telenav,” “Scout,” “Thinknear” and the Telenav, Scout and Thinknear logos are registered trademarks 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.

“Telenav®,” “Vivid™,” “Scout®,” “Thinknear®” and the Telenav®, VIVID™, Scout® and Thinknear™ logos are trademarks 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.

Telenav and Thinknear, as well as their respective logos, are registered trademarks 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.

Telenav, OpenStreetCam and the “Telenav” logo are trademarks 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.

TNAV-F
TNAV-C

Media Contact

Diane Anderson

WIT Strategy for Thinknear by Telenav

415.254.9086danderson@witstrategy.com

Investor Relations

Cynthia Hiponia or Erin Rheaume

The Blueshirt Group for Telenav, Inc.

408-990-1265IR@telenav.com