Author—H.P. Jin- President, CEO and Co-Founder

Happy_new_year

As we launch into a new year, I thought I’d take a moment to reflect on the year behind us and share my thoughts on the opportunities for TeleNav and the industry in 2008.

2007 was a milestone year for us. We are now offering TeleNav GPS Navigator through approximately 80% of the wireless carriers in North America, including AT&T, Sprint, Alltel, T-Mobile, Bell Canada and Rogers. Additionally, we expanded significantly in key global markets including China, Europe and Latin America. During the year, we also launched our mobile enterprise application, TeleNav Track, with AT&T. We have now deployed this service with two of the major carriers in the US – Sprint and AT&T.

In addition to our core products (TeleNav GPS Navigator and TeleNav Track), we also launched two new products in 2007. One is called TeleNav Maps – it is a free, non-GPS, static mapping service for BlackBerry customers. And more recently, we launched Whereboutz – a social networking product integrated with Facebook. These new products are exciting because they allow us to explore new technology and business models. Whereboutz specifically opens up many new opportunities for GPS capabilities integrated with social networking applications.

Last, but certainly not least, we continued to maintain our focus on improving customer support so that TeleNav customers enjoy their experience using our products and working with our team members. Part of this focus on customer service included launching this blog which we hope will offer an easy and enjoyable way for our customers to learn more about the industry and offer suggestions to us for improving our products and services.

2008 will be even more exciting than 2007. With more and more advanced GPS phones (tens of millions) coming to the market, and awareness of GPS capabilities on mobile phones increasing, there will be significantly more people using mobile GPS solutions such as TeleNav GPS Navigator, TeleNav Track or Whereboutz. Tens of millions of users will incorporate GPS services into their daily lives.

We feel great that what we do brings significant positive impact to so many users globally. We are proud that we help our customers be more productive, feel less stressed and have more fun while they are on the move.

I wish all of you a healthy and prosperous 2008!