Monday, August 22, 2005

Destinator Technologies and Partners Lead China into New Era of Personal Navigation

Monday August 22, 8:00 am ET

BEIJING--(BUSINESS WIRE)--Aug. 22, 2005--Destinator Technologies (formerly Homeland Security Technology Corporation), a world-leading provider of GPS navigation, location-based solutions and value-added services, held a press conference on August 18, 2005 to celebrate its official entry into the China market. Several prominent business partners, including Microsoft, Lenovo, Dopod, OrientPower, Nav2 and Hisys, attended the event.

Destinator Technologies enters China at a time when GPS technology is maturing rapidly. While there remains a lack of a sustainable growth model and a value chain, comprised of hardware manufacturer, map provider, software provider, OEM, telecom operation and sales channel, that has not taken shape, demand for PNS has increased exponentially. Destinator Technologies expects to ship more than 1 million sets of its products to markets around the world, up 233% from the 300,000 units delivered in 2004.

Leveraging the company's successes in the global market, Destinator Technologies has gained overwhelming support from local partners in various capacities early on. Destinator Technologies established a strategic partnership with Shanghai's Nav Information Technology Co., Ltd (Nav2), the first Chinese company licensed by the State Bureau of Surveying and Mapping (SBSM) to provide map data for commercial use. A joint venture company invested by Navteq, a global leader in mapping, and Navinfo, established under the auspices of SBSM, Nav2 is currently the leading map supplier in China with its high-precision maps. Maps of more than 180 Chinese cities are available in each Destinator product.

Destinator Technologies' global partnership with Microsoft in developing applications for Microsoft's Windows Mobile platform was extended into China, where all products feature seamless compatibility on the Windows OS. This cooperation has facilitated partnerships with OEMs and channel partners, priority areas for development in China. Currently, Destinator has already partnered with Dopod to embed Destinator SP on its Smartphones. Destinator PN (Personal Navigation) is available for pocket PCs made by Lenovo. Destinator Technologies has already reached agreements with several leading local OEMs and on-board system integrators to develop the PNS industry in China, such as Shanghai-based Hisys; Taiwan-based Acer, Asus, OrientPower and Mitac; Eten; Korean Thinkware; and, GPS receiver manufacturer Royaltek. Destinator Technologies is also in talks with Sanjiang to extend distribution to the military sector.

Destinator Technologies in China

Founded in November 2004, Destinator Technologies Inc (China) brings the convenience of personal navigation to consumers in China. The company also strives to develop the location-based services market by providing innovative solutions to carriers, enterprises, government organizations, and individual consumers. Regarded as the OEM partner of choice for some of the world's largest hardware manufacturers, systems integrators, and map providers, Destinator Technologies cooperates with companies such as Microsoft, Eten, Orient Power, ZTE, Dopod, Mitac, Acer, Asus, Thinkware, Carpoint, Leadteck, Road Tech, CASIC, Hisys, and Nav2 in China.

About Destinator Software Suite

A core product designed for personal navigation systems (PNS), the Destinator suite of products currently includes Destinator SP (Smartphone) for Smartphones, Destinator PN (Personal Navigation) for pocket PCs, and Destinator ND (Navigation Device) for on-board applications. With the seamless integration of cutting-edge mobile navigation technologies and precise map information, Destinator provides easy and convenient operating use. The Destinator suite of products provides a full spectrum of features, including:

Intelligent routing
Optimum route planning for multiple destinations
Millions of points-of-interest (POI)
Route optimization based on real-time traffic information
Multiple language support
SMS support
An extensive library of map information updated regularly
Destinator Technologies' personal navigation products have won many major awards, including:

Destinator PN Awarded the "Editorial Staff Recommendation" in PocketPC Magazine (July/August 2005)
Destinator PN given "Editor's Recommendation" in special interest magazine, "Notebook, Organizer & Handy" (July 2005)
Destinator PN Awarded "Price Tip" Distinction by Germany's Connect Magazine (June 19, 2005)
Destinator SP Awarded "Test Winner" Commendation in Germany's PC Magazin (February 2005)
Destinator SP is voted 2nd best Smartphone Navigation 2004 by

     Destinator Technologies (Beijing) Co., Ltd.
     Mr. Daniel Tao, 010-8511 1446 ext. 106
     Fax: 010-8511 6947
     Hill & Knowlton China
     Ms. Tzyy Wang, 010-6512-8811 ext. 575
     Fax: 010-6512-4381
Source: Destinator Technologies


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