Monday, January 7, 2008

Networks In Motion Shows WiMax Device

Aliso Viejo-based Networks In Motion, which develops wireless navigation and location-based services technology, said today that it is showing a new WiMax connected navigation system at CES. NIM said that the new hardware is a "proof of concept" which shows how WiMax can be used for keeping in-car navigation systems up to date. Venture backed Networks in Motion has scored several rounds of funding from Mission Ventures. Redpoint Ventures, and Sutter Hill Ventures, and powers location-based services AAA Mobile, Verizon's VZ Navigator, and YellowPages.com Mobile.

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