TeleNav Inc. Named MOMENTUM 2006 Company

TeleNav Inc. will be honored as a Momentum 2006 Company at the upcoming Momentum Growth Conference to be held on September 27-28, 2006 at the Computer History Museum in Mountain View, CA. The Momentum Growth Conference is produced by IBDNetwork.

TeleNav was the first company to launch a GPS navigation system on mobile phones in the U.S. when it launched TeleNav GPS Navigator(TM) in 2003. TeleNav GPS Navigator(TM) is comparable to in-car systems found in luxury vehicles, but offers superior functionality at a more affordable price. TeleNav GPS Navigator features include voice and on-screen turn-by-turn directions, automatic rerouting, full color moving maps, speech recognition, lowest price fuel finder, and more. TeleNav also develops a Mobile Resource Management (MRM) solution called TeleNav Track, which helps organizations manage mobile workers through location based services.

From the producers of the acclaimed Under the Radar conference series, the Momentum Growth Conference honors industry leaders dominating the next stage of the growth cycle -- a who's who of leading companies with real customers, real revenue, real partnerships, and the vision to change their market landscape. Companies granted this prestigious honor are recognized as "ones to watch" -- role models for growing exponentially while gaining rapid traction in an exploding market.

The Momentum companies were selected according to the following criteria: significant revenue growth over a short period of time; a proven, scalable business model; user-base size; customers; and strategic, high-profile partnerships. Companies were chosen by IBDNetwork's distinguished selection committee, who reviewed over 500 candidates and chose the top percentile to recognize.

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