> Industrial News > News   AutoNavi Ranks First on 2007 Billboard of Zero2IPO-China Venture50   The second “Zero2IPO-China Venture50” awarding ceremony unveiled the awards in the evening of December 7, 2007. AutoNavi Software Co., Ltd providing navigation map data & application solutions stands out and ranks first on the billboard, with the highest 143 points in total from 35 venture investors in the judge committee. With the ceremony held once a year, senior industrial experts review and assess the work and achievements of venture capital associations in the past few years. The judge committee outlines the following appraisal for AutoNavi: “Very good business mode; high technical and service barrier; Powerful pioneering team; Industry leader”. AutoNavi’s industry-first growth rate at 200% and 50% growth rate of net profit play a key role in its eminence. Comment: As the most authoritative award in the China venture capital industry, Zero2IPO-China Venture50 conducts all-around value evaluation for outstanding enterprises from all industries in China. AutoNavi’s presence at China Venture50 and coming out first strongly indicates that the value of navigation map providers has won unanimous approval from the investment circle. Nokia’s merger and acquisition of Navteq and TomTom’s of Tele Atlas in 2007 have already shown the value of map data. Standing out from all industries, AutoNavi has brought public attention to the navigation industry. It is because AutoNavi is not only a map data provider like Navteq but also the largest LBS service provider in China. Not long ago, AutoNavi appeared for the second time on 2008 Forbes ChinaList of Top 100 Most Promising Enterprises, which would be a great delight for all experts in the China navigation industry.   Time:2008-02-05 Source:NaviForum Shanghai News Center Relative