AutoNavi Celebrates 2012, Year of Dragon, with New iPhone App

AutoNavi Holdings Limited (NASDAQ: AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that it successfully launched the newly updated versions of its premium iPhone navigation applications–HD AutoNavi Navigation v6.7 and free map application, AMAP v1.2.5–this week, just in time for the peak travel season of the Chinese Lunar New Year.

The new applications contain several unique features that have already been embraced by millions of AutoNavi’s users. The new features of HD AutoNavi Navigation v6.7 include:

  • City-specific functions, giving users the option of selecting which cities’ map data they wish to download, thereby reducing data storage use and increasing download speeds;
  • Cloud-based services, allowing users to share customized routes with friends through AutoNavi’s server;
  • Voice command options, providing users with hands-free search capability, enhancing ease-of-use and improving driver safety.

The latest features of AMAP v1.2.5 include:

  • Traffic broadcast, an automatic, voice-guided traffic report. This personalized navigation functionality, never before available in China, is route-specific to each AMAP user and is an ideal solution for avoiding traffic on China’s busiest roads.

Since the release of HD AutoNavi Navigation v6.7, the average number of daily downloads of the Company’s paid navigation application has increased approximately 19 fold compared to the average number of daily downloads in the previous week.

As of today, January 26th, 2012, the user base of AutoNavi’s free mobile map application has topped 40 million users, up from 26 million users at the end of the third quarter of 2011. The average number of daily active users this past week has increased over 50% from last year’s October Golden Week holiday. Each month, over 4 million people begin using the AMAP application to supplement their travel planning.

AutoNavi’s Chief Executive Officer Mr. Congwu Cheng commented, “The newly enhanced applications for iPhone and the significant uptick in user bandwidth demonstrate AutoNavi’s ongoing commitment to product development and technological innovation while reflecting our distinct understanding of our users’ needs. We are thrilled to see the immediate adoption and popularity of our newly enhanced premium iPhone navigation and free mobile map applications. As more and more users become actively engaged with our mapping platform, we are confident that our innovative mobile solutions will become an increasingly larger part of the daily lives of China’s mobile Internet users, positioning AutoNavi to continue to capture the many exciting opportunities available in the mobile Internet space.

About AutoNavi Holdings Limited

AutoNavi Holdings Limited is a leading provider of digital map content and navigation and location-based solutions in China. At the core of its business is a comprehensive nationwide digital map database that covers approximately 3.1 million kilometers of roadway and over 20 million points of interest across China. Through its digital map database and proprietary technology platform, AutoNavi provides comprehensive, integrated navigation and location-based solutions optimized for the Chinese market and users, including automotive navigation solutions, mobile location-based solutions and Internet location-based solutions, public sector and enterprise applications.

Source: GlobeNewswire

Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett

If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.

Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.

Listed below are a few of the many points each and every penny stock investor needs to discover.

  • Do your own research.
  • Trade Responsibly.
  • Verify everything.
  • Move Fast or Get Left Behind.
  • Do not use market orders to enter a position, use limit orders.
  • Have a System That fits You.
  • If a Stock Gaps Open, Look for Pullbacks to Enter.
  • Plan a Trade and Trade a Plan.
  • Always use stop loss orders to protect yourself.
  • Positive Self- Belief.
  • Keep trading as Part of a Balanced life.
  • If a stock breaks below our alert price GET OUT. Do not wait.
  • View Trading as a Score in Points and Not In Money:
  • Always take your profits whenever you can. Do Not Be Greedy.
  • Work Hard at Learning How to Trade Properly and Keep Working.
  • Do something to make someone else’s life better today.

About AimHighProfits.com

AimHighProfits.com strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential.

Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.

We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.

Aim High Profits Disclaimer

This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances.

AimHighProfits.com is a wholly-owned subsidiary of Kelevra Media Innovation.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision.

Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

For a complete explanation, please visit our disclaimer page.

Last updated by at .

0
  Recent Penny Stock News