Back to Media ReleasesMedia Release:
Networks In Motion Selected by AlwaysOn as an AO Global 250 Winner
Company recognized for game-changing technology and market value
Aliso Viejo, Calif., July 18, 2008:
Networks In Motion (NIM), the award-winning wireless navigation, hyper local search, and location-based services (LBS) company with the largest mobile phone navigation subscriber base in North America, today announced that it has been chosen by AlwaysOn as one of the AO Global 250 Winners. Inclusion in the AO Global 250 signifies major developments in the creation of new business opportunities in the global technology industries. Networks In Motion was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Networks In Motion and the AlwaysOn Global 250 Top Private Companies will be honored at the AlwaysOn & STVP Summit at Stanford scheduled to occur on July 22-24, 2008 at Stanford University. This two-and-a-half day executive event highlights the significant economic, political and commercial trends disrupting the global technology industries and features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases.
Fifty of the top CEOs from the AO Global 250 will present their market strategies to a panel of industry experts in a “CEO Showcase.” Doug Antone, president and CEO of Networks In Motion, will present on Thursday, July 24 at 1:30 p.m. in McCaw Hall.
“The AO Global 250 winners have excelled in key strategic areas in the global technology markets,” said Tony Perkins, founder and CEO of AlwaysOn. “We congratulate them for their success in introducing new tools, services, and platforms that are driving the next phase of innovation and creating real value at an economically uncertain time.”
The AO Global 250 was selected from over hundreds of companies, nominated by a panel of industry experts in the online technology, media, entertainment, enterprise and greentech sectors from around the world.
With a steadily increasing subscriber base, Networks In Motion is closing the gap on the navigation device “three-horse race” between in-vehicle navigation, personal navigation devices and GPS-enabled mobile phones, moving rapidly to make the mobile phone consumers’ format of choice for navigation. To gain additional market share among the 150 million owners of GPS-enabled mobile phones, Networks In Motion plans to implement mobile advertising into its LBS platform in a way that will be useful to the consumer and alleviate or eliminate monthly subscription charges.
“We are honored to be recognized by AlwaysOn as one of the most innovative private companies for the pioneering work we are doing in the LBS space,” said Doug Antone, president and CEO of Networks In Motion. “This is an exciting time in the GPS market, where navigation applications are moving beyond getting from point A to point B and now allow people to meet up with friends, find movie times, get detours around traffic and perform other functions that enhance their daily lifestyles.”
A full list of all the AO Global 250 winners can be found on the AlwaysOn Web site at http://alwayson.goingon.com/permalink/post/27959
About Networks In Motion, Inc.
Networks In Motion is an award-winning wireless navigation and local search company, with products on most major wireless carriers. Networks In Motion powers: AAA Mobile® on Verizon Wireless, Alltel, and Sprint; Verizon Wireless’ VZ Navigator; YellowPages.com Mobile, which is currently deployed on AT&T; Alltel’s Axcess Mobile Guide navigator; U.S. Cellular’s Your Navigator; TELUS Navigator and TELUS Kid Find, making NIM’s NAVBuilder platform the most widely used mobile phone navigation service in North America. In February 2008, NIM was awarded the Mobile & Communications Company of the Year Award by the Technology Council of Southern California. Founded in 2000, the company is privately held and headquartered in Aliso Viejo, Calif., with international offices in Sweden and Spain. More information is available at http://www.networksinmotion.com.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, OnMedia, GoingGreen, NordicGreen, and Venture Summit East and West) and quarterly print "blogozine". No other media brand has dared to create such open interaction with its readers and event participants.
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Amy Johnsonbaugh
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