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GloNav Expands Management Team and
Asia Pacific Sales Channel
Developer of GPS and satellite navigation
solutions signs distribution agreements with CoAsia and Ubitrotech
and appoints vice president of Asia Pacific sales
NEWPORT BEACH, Calif., May
22, 2007 — GloNav
Inc., a fabless semiconductor company developing global
positioning system (GPS) and other satellite navigation
solutions, today announced expansion of its sales and
marketing activities in the Asia Pacific region, focused
on cellular handset, personal navigation device (PND)
and other consumer electronics makers . As part of
the company's Asia Pacific growth initiative, GloNav
entered into distribution agreements for the promotion
and sale of its products -- including the new GNS4540 high-performance
single chip L1 A-GPS solution -- with CoAsia
Microelectronics Corporation in Taiwan, CoAsia's subsidiary
Silicon Plaza in China and Ubitrotech
Co. Ltd. in Korea. In addition, GloNav has appointed
Jeff Gray as vice president to oversee Asian sales and
technical support operations from its newly opened office
in Taiwan.
"As home to many of
the world's leading original design (ODM) and original equipment
(OEM) manufacturers for handset and consumer electronics,
the Asia Pacific region represents a formative investment
opportunity for GloNav," said Bill McLean,
chief executive officer, GloNav. "With Jeff's appointment as
head of Asian sales and technical support operations, we are
strengthening our relationships by building sales channels
throughout this dynamic region. By making GloNav's industry-leading
GPS solutions available to market-defining Asia Pacific ODMs
and OEMs, we're increasing our ability to embed the mobile
telephones, smartphones and personal navigation devices sold
worldwide with GloNav's solutions."
Distribution Alliances Fuel Growth
GloNav is cementing its aggressive Asia Pacific presence with
two initial distribution agreements.
Ubitrotech, a provider of navigation software development
services for OEMs and ODMs, will provide sales and technical
support for all of GloNav's GPS semiconductor products to the
Korean cellular handset and mobile consumer electronics markets.
CoAsia, a leading distributor for a
major supplier of application processors, TFT displays and
embedded flash — with design wins
in many leading Taiwanese PND, handset and consumer electronics
manufacturers — will market GloNav's products in Taiwan. CoAsia's
Hong Kong and China based subsidiary, Silicon Plaza, will provide
a full design and customer support channel for China.
Jeff Gray Joins to Lead Asia Pacific Operations
GloNav recruited Gray to serve as its first vice president
of Asia Pacific sales and technical support operations.
A seasoned
semiconductor professional with 20 years of experience, he
has held senior management roles at two publicly traded companies,
Infineon and STMicroelectronics, and in start-up environments,
including Apogee, Sanburst and Brecis. The senior executive
brings technical knowledge and business acumen to his role
and is
lauded for establishing relationships with top-tier
equipment manufacturers, focusing on sales channel execution
and partner selection for distribution and representation,
with an emphasis on Asia. Before joining GloNav, he led the
semiconductor division of Chipidea Microelectronica as vice
president of sales and business development, based
in Asia.
GloNav Solutions
Keep on Tracking When Other Technologies
Drop Out
GloNav develops
GPS products for the wireless handset and mobile consumer
electronics device markets. Its suite of critical components
for GPS semiconductor solutions includes GPS satellite
acquisition and navigation software,
ultra-low power RFIC
technology and proprietary DynaTrak(TM) technology.
At the core of DynaTrak is advanced tracking and multipath
algorithms that provide best-in-class tracking sensitivity,
accuracy and robustness. CoAsia
and Ubitrotech will have
access to GloNav's product suite, including the new GNS4540
high-performance single chip L1 A-GPS solution.
Offering best-in-class acquisition and tracking
sensitivity, time-to-first-fix (TTFF), accuracy and power consumption,
the GNS4540 supports both Assisted-GPS operation on GSM, WCDMA
and CDMA networks and fully autonomous operation for use in
handheld consumer navigation devices and other standalone navigation
systems. Featuring the DynaTrak technology, the GNS4540 enables
a seamless consumer experience. When other solutions dropout
— deep indoors, in urban canyons, transitioning from strong
to weak signals, or from in-vehicle to pedestrian operation
— the GNS4540 rapidly adjusts to the dynamic signal environment,
allowing the receiver to track continuously and accurately.
To reach the Asia Pacific sales office, e-mail sales@glonavgps.com.
About GloNav Inc.
GloNav Inc., headquartered in Newport Beach, Calif., is a fabless semiconductor
company developing global positioning system (GPS) and other satellite navigation
technologies and products. The company has the longest heritage of GPS technology
in the semiconductor industry — more than 20 years — and leverages this
into the highest-sensitivity, lowest-power and fastest time-to-first-fix
(TTFF) semiconductor solutions available for the wireless handset and mobile
consumer electronics device markets. Visit us online at www.glonavgps.com.
Media Contacts
Cara Good or Suzie Won Davidson
WunderMarx
Inc.
+1 714-862-1112, ext. 202 or 206
cara.good@wundermarx.com
suzie.davidson@wundermarx.com
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