Televigation changes name to 'TeleNav, Inc.'; New Corporate Identity Builds on the...

SANTA CLARA, Calif. -- Televigation, Inc., North America's leading provider of wireless Location Based Services (LBS), today announced it has changed its name to 'TeleNav, Inc.' The new name comes from Televigation's leading mobile phone navigation brand TeleNav(R), which, over

"Everyone knows us as TeleNav so it made a lot of sense to have one corporate brand. Consumers, wireless carriers, analysts and businesses can now call us by one name - TeleNav," said Dr. HP Jin, president and CEO of TeleNav. "The new name is 100% in line with our vision of bringing GPS Navigation to everyone. We firmly believe that the mobile phone is a great form factor to deliver GPS Navigation and we aim to continue to set the bar in the mobile phone GPS Navigation industry."

TeleNav, Inc. was started in 1999 with the vision of bringing turn-by-turn GPS Navigation to all via mobile phones. TeleNav launched North America's first mobile phone GPS Navigation service in January 2003 bringing true GPS turn-by-turn navigation to North American subscribers. Since then TeleNav has clearly established itself as the dominant provider of mobile phone GPS Navigation services and LBS. TeleNav, Inc. has two product lines as of today: TeleNav GPS Navigator for the consumer market and TeleNav Track, a Mobile Resource Management service for businesses that want to effectively manage field assets and resources. TeleNav Track combines fleet tracking, workflow automation and GPS Navigation, all in one fully integrated solution.

For more information on TeleNav's portfolio of wireless Location Based Services and TeleNav hands free accessories, please visit www.telenav.com.

About TeleNav

TeleNav, Inc. is North America's leading provider of wireless Location Based Services (LBS) which include services such as GPS Navigation, Mobile Resource Management, Asset Tracking and other LBS services. The company's flagship product, TeleNav GPS Navigator, is North America's original mobile phone GPS Navigation service and is similar to in-car GPS systems found in luxury vehicles, but only costs a fraction of the price of in-car GPS systems. TeleNav offers its services through wireless carriers. For more information on TeleNav's portfolio of wireless Location Based Services please visit www.telenav.com.