SOURCE: NavStar Technologies, Inc.

 
 
Dec 09, 2008 11:16 ET

NavStar Technologies, Inc. in Discussions With IntelliSOL Corporation for Business in Colombia and Peru

ANAHEIM, CA--(Marketwire - December 9, 2008) - NavStar Technologies, Inc. (PINKSHEETS: NVSR), a GPS navigation company focused on vehicle, asset, personal tracking and hands-free calling with voice navigation, announced today it has an LOI from IntelliSOL Corporation for up to 10,000 units to be distributed in Colombia and Peru in 2009. NavStar will partner with IntelliSOL to provide equipment, software and related services. The NavStar Fleet Management System will be used to track a variety of assets and will be the core hardware used to provide a wide range of GPS services. The potential revenue from this deal is $2M to $4M.

"We are pleased to announce our success in establishing this relationship with IntelliSOL as they have a proven track record in Colombia and Peru. We have worked with IntelliSOL in the past and we are excited to continue our relationship with them," said N. Douglas Pritt, President & CEO, NavStar Technologies, Inc. "We will support their efforts with hardware, customized software and engineering support as they define their specific customer requirements."

About NavStar Technologies, Inc.

NavStar Technologies, Inc. is focused on the creation of GPS products and services for vehicles, asset and personal tracking and hands-free calling with voice navigation.

CONTACT:
NavStar Technologies, Inc.
Patrick Bannister
714-502-6900
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