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Televigation's TeleNavTrack Powers World's First Wireless GPS Pedicab; Ballpark Pedicabs Uses Tracking Service to Save Time and Boost Revenue

SUNNYVALE & SAN DIEGO, Calif.--June 2, 2004---San Diego's fastest growing pedicab company has implemented a global positioning system (GPS) navigation and tracking service into its bicycles, allowing drivers to be located in real-time for effective dispatching and to ensure driver safety in case of an emergency or accident.

Ballpark Pedicabs was looking for a cost-effective technology that would enable its fully automated operations to be manageable remotely over the Internet. Televigation's TeleNavTrack provided these capabilities and is the first mobile phone-based tracking service with integrated audible and visual GPS navigation and interactive dispatching.

The Web-based solution has improved Ballpark Pedicabs' productivity by enabling riders to respond to customer calls immediately, significantly simplifying the dispatching process. Televigation's service allows all drivers to be located online to ensure their safety in the instance they cycle out of the area or if a pedicab breaks down. Using TeleNavTrack, drivers are able to enter an address and get voice-activated GPS directions to their final destination.

Ballpark Pedicabs plans to use TeleNavTrack to achieve its long-term goal of becoming a national, corporate company. It intends to offer its pedicab service in all major cities by generating money through advertising. TeleNavTrack will help fuel this revenue by showing advertisers exactly how many square miles a bike can cover in an average day. This lets businesses see the return on investment firsthand and in real-time.

"I have always been interested in the idea of in-vehicle navigation and it hit me -- 'why not integrate GPS into our pedicabs'," said Ira Fefferman, president of Ballpark Pedicabs. "We took 28 TeleNavTrack-equipped bikes to the Superbowl in Houston this year and one of the pedicabs broke down. TeleNavTrack enabled us to locate the driver quickly, and it provided accurate and timely navigation directions to pedal customers around. TeleNavTrack truly brings long- and short-term business benefits for both operators and drivers."

"As an early adopter, Ballpark Pedicabs quickly caught on to the time and cost savings that tracking and navigational tools can bring to mobile workforces," said Sal Dhanani, senior director of marketing at Televigation. "Using TeleNavTrack's GPS capabilities in innovative ways, such as monitoring for driver safety and helping to justify ad revenue, will allow the company to become a nationwide enterprise faster than otherwise."

TeleNavTrack is a fully hosted, 100% Web-based service available at www.telenavtrack.net. The price per device starts with the TeleNavTrack Basic plan at $9.99 per month, plus a one time $19.99 activation fee. The basic service includes GPS tracking, timesheets and reporting. The TeleNavTrack Plus plan is priced at $12.99 per month, which adds electronic dispatching, and TeleNavTrack Premium is priced at $21.99 per month, which adds turn-by-turn navigation.

About Ballpark Pedicabs

Ballpark Pedicabs was founded in June of 2002 by a group of guys who wanted to do something "fun" and not have to be anyone's boss. As a result, they started a pedicab company that strictly leases bikes to self-starting and self-motivated riders.

Ballpark Pedicabs operates the only fully automated shop, which allows riders 24-hour access to their bikes. Riders receive an electronic pass key that allows them to access the building to pick up and return their bikes. A drop safe is located in the shop so that riders can drop their lease payments and continue to ride the following week without any interruption.

Ballpark Pedicabs prides itself on having the best maintained bikes in the industry. An expert pedicab mechanic from a local bicycle shop maintains the bikes to ensure the safety and reliability of its bikes. For further information on the company, please visit www.ballparkpedicabs.com.

About Televigation

Televigation is the leading provider of wireless motion-based services, which include GPS navigation and tracking. Televigation's technology can deliver voice-interface, feature-rich motion-based services over standard mobile phones and other wireless devices.

The company's flagship product, TeleNav, is a navigation service similar to the GPS systems found in luxury vehicles, but integrated into mobile phones, costing a fraction of the price. Televigation was awarded first prize in the business and productivity category for Motorola's Developer contest at JavaOne 2003.

For more information, please visit the company's Web sites at www.telenav.net or www.telenavtrack.net.