AutoNavi Provides Enhanced Location-based Business Intelligence Services for Commercial Enterprise Customers

BEIJING, Aug. 3, 2011 (GLOBE NEWSWIRE) -- AutoNavi Holdings Limited ("AutoNavi" or the "Company") (Nasdaq:AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that the Company has begun providing newly enhanced location-based business intelligence (LBI) services for commercial enterprise customers, further penetrating this segment of the location-based solutions industry.

AutoNavi's LBI services provide its commercial customers with a series of integrated tools that allow for improved selection assistance for evaluating new store locations, asset tracking, investigating potential locations for sales promotion, identifying new market opportunities and analyzing consumer behavior as well as a variety of other location-relevant services for commercial enterprises. These tools include solutions that assist in corporate image display, new store expansion, operations management and sales promotion, among others. The services integrate AutoNavi's core mapping competencies and location-based service expertise with software provided by Kokusai Kogyo Co., Ltd ("KKC"), a leading Japanese engineering and spatial information consultancy. With newly enhanced, comprehensive and tailored, location-based solutions available, AutoNavi's commercial enterprise customers will be able to significantly reduce the amount of time spent planning new store locations and developing promotional strategies and should ultimately see improved operational efficiency.

AutoNavi's chief executive officer, Mr. Congwu Cheng, commented, "We believe the newly enhanced location-based business intelligence services will bring AutoNavi to a new dimension with tremendous market opportunity in China's location-based solutions industry while further strengthening the Company's leading position in the commercial enterprise sector. Leveraging the combination of our proprietary digital mapping database with KKC's industry leading software, the new services will help our commercial enterprise customers improve their operational efficiency and management effectiveness, providing them with an advanced, vertically integrated solution that addresses their location-relevant needs."

About AutoNavi Holdings Limited

AutoNavi Holdings Limited (Nasdaq:AMAP) is a leading provider of digital map content and navigation and location-based solutions in China. At the core of its business is a comprehensive nationwide digital map database that covers approximately 3.1 million kilometers of roadway and over 17 million points of interest across China. Through its digital map database and proprietary technology platform, AutoNavi provides comprehensive, integrated navigation and location-based solutions optimized for the Chinese market and users, including automotive navigation solutions, public sector and enterprise applications, wireless location-based solutions and Internet location-based solutions.

The AutoNavi Holdings Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8262

Forward Looking Statements

This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the quotations from management in this press release, as well as AutoNavi's strategic and operational plans, contain forward-looking statements. AutoNavi may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about AutoNavi's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: AutoNavi's ability to adequately maintain and update its digital map database and minimize errors in its solutions; its current reliance on the automotive navigation market and a small number of customers for a substantial portion of its revenues; the project-based nature of its public sector and enterprise applications business; its limited operating history in the wireless/Internet location-based solutions markets; compliance with a complex set of laws, rules and regulations governing its surveying and mapping and other businesses in China; competition in the navigation and location-based solutions businesses in China; and its ability to manage its growth effectively and efficiently. Further information regarding these and other risks is included in AutoNavi's annual report on Form 20-F as well as in its other filings with the Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and AutoNavi undertakes no duty to update such information, except as required under applicable law.