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Mar. 6, 2007
TeleNav Press Release:
Frost & Sullivan Honors TeleNav with 2007 North American Mobility Award
TeleNav GPS Navigator™ recognized in LBS Navigation category
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.
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Media Contacts
Mary Beth Lowell
425-531-0122 phone
marybethl@telenav.com
Todd Witkemper
408-306-6677 phone
toddw@telenav.com
About TeleNav Inc.
TeleNav, Inc., is a privately-held company headquartered in Sunnyvale, California. Deployed by 15 carriers in 29 countries, TeleNav is a global leader in wireless location-based services (LBS). Currently, the company’s solutions are available in four continents, including North and South America, Asia and Europe.
TeleNav’s solutions include GPS navigation, Mobile Resource Management (MRM), social networking and local search. The company’s flagship service, TeleNav GPS Navigator™, offers functionalities comparable to in-car systems and standalone navigation devices, such as automatically-updated maps and business locations, full-color 3D moving maps, traffic alerts with one-click rerouting, location-sharing, business reviews, speech recognition, Wi-Fi hotspot finder, gas price finder and more. TeleNav also delivers its award-winning navigation service on the TeleNav Shotgun™, a standalone GPS personal navigation device (PND) tailored specifically for business travelers. TeleNav’s enterprise application, TeleNav Track™, incorporates GPS-enabled tracking, time sheets, wireless forms and navigation.
TeleNav services are available on more than 500 wireless devices and run on most major mobile platforms currently available. TeleNav’s service providers include . TeleNav’s partners include Ford Motor Company, Hewlett-Packard, HTC, INRIX, LG, Motorola, NAVTEQ, Nokia, Palm, Qualcomm, Research In Motion (RIM), Samsung, Sanyo and Tele Atlas.
For more information on TeleNav, please visit www.telenav.com.
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.
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