TeleNav Ranked Number One in Deloitte`s Technology Fast 50 Program for Silicon Valley Internet, Media and Entertainment and Communication Companies

Released on: October 31, 2007, 12:26 pm

Press Release Author: TeleNav, Inc.

Industry: Telecommunications

Press Release Summary: TeleNav is ranked number one in Deloitte\'s Technology Fast 50
Program for Silicon Valley Internet, media & entertainment and communication
companies and attributes fast growing navigation market for its 16,666 percent
revenue growth.

Press Release Body: Sunnyvale, Calif. - October 31, 2007 - TeleNav, Inc., the first
company to launch a GPS service for cell phones in the U.S., has been named the
first place winner in Deloitte\'s prestigious Technology Fast 50 Program for Silicon
Valley, a ranking of the fastest growing technology, media, telecommunications and
life sciences companies in the region by Deloitte & Touche USA LLP, one of the
nation\'s leading professional services organizations. Rankings are based on
percentage revenue growth over five years from 2002-2006.

TeleNav\'s President, CEO and Co-Founder HP Jin credits the company\'s dedication and
determination for its 16,666 percent revenue growth from 2002-2006. \"Throughout our
company\'s history we continually encountered challenges, both economically and
technologically. Despite these obstacles, we always believed in the potential GPS
services presented to the wireless industry and continued to push forward. We
wouldn\'t be where we are today without our uncompromising customer focus and
positive approach. We are extremely proud of our growth and current position as a
market leader.\"

TeleNav\'s increase in revenues of 16,666 percent from 2002-2006 resulted in a #1
ranking in the Internet, Media & Entertainment and Communication category of the
Technology Fast 50 for Silicon Valley. The average increase in revenues among
companies who made the Technology Fast 50 was 1,455 percent.

\"Deloitte\'s Silicon Valley Technology Fast 50 companies have shown the strength,
vision and tenacity to succeed in today\'s very competitive technology environment,\"
said Mark Jensen, partner and national director, Venture Capital Services, Deloitte
& Touche LLP. \"We applaud the successes of TeleNav and acknowledge it as one of the
very few to accomplish such a fast growth rate over the past five years.\"

\"TeleNav is a great place to work, grow and win. Most of our employees who were with
us five years ago are still working at TeleNav and still have the same unparalleled
passion. I am sincerely grateful to all of our team members and our partners for
helping to achieve the winning results. We are looking for more talent at all levels
and functions to help continue to build a great company together,\" continued Jin.

To qualify for the Technology Fast 50, companies must have had operating revenues of
at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Silicon Valley
and be a company that owns proprietary technology or proprietary intellectual
property that contributes to a significant portion of the company\'s operating
revenues; or devotes a significant proportion of revenues to the research and
development of technology. Using other companies\' technology or intellectual
property in a unique way does not qualify.

Companies from the 16 regional Technology Fast 50 programs in the United States and
Canada are automatically entered in Deloitte\'s Technology Fast 500 program, which
ranks North America\'s top 500 fastest growing technology, media, telecommunications
and life sciences companies. For more information on Deloitte\'s Technology Fast 50
or Technology Fast 500 programs,

This year\'s Silicon Valley Technology Fast 50 program is co-presented by Deloitte &
Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry
International and Woodruff-Sawyer & Co.

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 13
carriers in 20 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), asset
GPS tracking (AVL) and local search. The company\'s flagship product, TeleNav GPS
Navigator(tm), is comparable to in-car systems found in luxury vehicles, offering a
superior experience with functionality, such as automatically-updated maps and
business locations, full color 3D moving maps, traffic alerts and one-click
rerouting, location-sharing, business reviews, speech recognition, Wi-Fi hotspot
finder, lowest-price fuel finder and more. TeleNav\'s enterprise application, TeleNav
Track, incorporates GPS-enabled tracking, time sheets, wireless forms and
navigation. TeleNav Track is currently the most popular service of its kind, with
over 8,000 customer organizations.

TeleNav is available on more than 200 wireless devices and runs on all mobile
platforms currently available. TeleNav\'s partners include Sprint Nextel, AT&T,
T-Mobile USA, Alltel, Boost Mobile, Qwest, SouthernLINC Wireless, Rogers, Bell
Mobility, T-Mobile Austria, China Mobile, Vivo Brazil, Research In Motion (RIM),
Motorola, Samsung, Sanyo, LG, Palm, HTC, Hewlett Packard, Nokia, NAVTEQ, Tele Atlas,
deCarta, INRIX, Qualcomm and SiRF Technology Holdings.

For more information on TeleNav, please visit To find out more
about career opportunities at TeleNav or to send your resume, please contact

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its
member firms and their respective subsidiaries and affiliates. As a Swiss Verein
(association), neither Deloitte Touche Tohmatsu nor any of its member firms has any
liability for each other\'s acts or omissions. Each of the member firms is a separate
and independent legal entity operating under the names \"Deloitte\", \"Deloitte &
Touche\", \"Deloitte Touche Tohmatsu\" or other related names. Services are provided by
the member firms or their subsidiaries or affiliates and not by the Deloitte Touche
Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the
US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte
& Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP,
Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

Web Site:

Contact Details: Amy White / Cari Goodrich
LEWIS PR for TeleNav
Amy: 619-677-2700
Cari: 408-573-3663

Mary Beth Lowell
TeleNav Inc.

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