Wayfinder receives an additional order of 19.5 million SEK

Wayfinder secures an additional order from a large handset manufacturer. The total order value now amounts to 39 million SEK to be delivered during Q3 2007. Wayfinder will provide Wayfinder Navigator software and services together with GPS receivers based on maps from Tele Atlas.
Approximately 60% of the order consists of hardware and 40% of services with a substantial potential for additional services to be delivered at a later point in time. The order includes a one year license of Wayfinder Navigator 7 software and service as well as Wayfinder GPS receivers. The service can be extended beyond one year by the user at any time.

“We are delighted that a large handset manufacturer has entrusted us to be the global provider of navigation solutions," says Magnus Nilsson, CEO at Wayfinder.
"At Wayfinder we will continue our efforts to further strengthen our position as a world leading provider of location aware services. We intend to develop this position by being the preferred...

Wayfinder Systems

Wayfinder offers map, direction and GPS navigation services accessible by mobile phones. From these basic navigation services, we provide mobile phone users with content services including digital city guidebooks traffic...

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