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

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