TeleNav Press Release
BackTeleNav Selected by AlwaysOn as an AO100
Jul. 17, 2007Recognized 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
Media Contacts
Mary Beth LowellCommunications Manager
425-531-0122 phone
media@telenav.com
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 14 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), 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 Track is a widely adopted service with over 9,000 customer organizations using it today.
TeleNav services are available on more than 450 wireless devices and run on most major mobile platforms currently available. TeleNav’s partners include Sprint Nextel, AT&T, T-Mobile USA, Alltel, Boost Mobile, SouthernLINC Wireless, Rogers, Bell Mobility, T-Mobile UK, T-Mobile Austria, China Mobile, Vivo Brazil, Telcel, NII Holdings, Research In Motion (RIM), Motorola, Samsung, Sanyo, LG, Palm, HTC, Hewlett Packard, Nokia, NAVTEQ, Tele Atlas, deCarta, INRIX and Qualcomm.
For more information on TeleNav, please visit www.telenav.com.
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