Navsat

Navsat goes for new markets in Latin America.- 20/09/2010

Following the successful commercial launch of NAVIGATOR in Costa Rica, NAVSAT has moved rapidly to capitalize on increasing demand for live traffic navigation solutions in other markets. NAVSAT has proved that has the capability to rapidly launch live traffic information services that are both attractive and affordable for a large customers’ base. Interest from other countries in Latin America did not take long to show up and NAVSAT is actively working with several partners in different South American markets to offer its services within the next few months. This new growth phase is solidly supported by a new successful round of capital financing that NAVSAT secured this past August.