from TeleNav Press Releases
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.
