TeleNav Press Release
BackFrost & Sullivan Honors TeleNav with 2007 North American Mobility Award
Mar. 6, 2007TeleNav 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.
Media Contacts
Mary Beth LowellCommunications Manager
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About TeleNav Inc.
TeleNav, Inc., a privately-held company headquartered in Sunnyvale, California, was the first to launch a cell phone GPS system in the United States. Deployed by 15 carriers in 21 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), asset GPS tracking (AVL), social networking and local search. The company's flagship product, TeleNav GPS Navigator™, is comparable to in-car systems found in luxury vehicles, offering a superior experience with functionality, such as automatically-updated maps and business locations, full color 3D moving maps, traffic alerts and one-click rerouting, location-sharing, business reviews, speech recognition, Wi-Fi hotspot finder, lowest-price fuel finder and more. TeleNav's enterprise application, TeleNav Track, incorporates GPS-enabled tracking, time sheets, wireless forms and navigation. TeleNav Track is a widely adopted service with over 8,000 customer organizations using it today.
TeleNav products are available on more than 200 wireless devices and run on all major mobile platforms currently available. TeleNav's partners include Sprint Nextel, AT&T, T-Mobile USA, Alltel, Boost Mobile, Qwest, SouthernLINC Wireless, Rogers, Bell Mobility, T-Mobile UK, T-Mobile Austria, China Mobile, Vivo Brazil, NII Holdings, Research In Motion (RIM), Motorola, Samsung, Sanyo, LG, Palm, HTC, Hewlett Packard, Nokia, NAVTEQ, Tele Atlas, deCarta, INRIX, Qualcomm and SiRF Technology Holdings.
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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