Telenav Software Attains Automotive SPICE Level 2 Certification
April 27 2020 - 8:00AM
Business Wire
Achievement Recognizes Company’s Commitment to
Ensuring Software Reliability, Robustness, and Ongoing Quality
Telenav®, Inc. (NASDAQ: TNAV), a leading provider of
connected-car and location-based services, announced today that
software it is developing for a major international automobile
manufacturer has achieved Automotive SPICE® Level 2 Certification.
Level 2 certification means that Telenav meets the rigorous global
standard for safety and reliability that’s critical for developing,
deploying, and sustaining automotive-grade software.
“Compliance with Automotive SPICE Level 2 demonstrates that
Telenav is capable of adhering to state-of-the-art international
automotive product-development standards for software development
and associated management processes,” stated Sal Dhanani, Telenav
Co-Founder and Chief Operating Officer. “This is a certification
that not all companies are able to achieve and is critical to have
as an international supplier of automotive-grade software,
especially in Europe, where it is mandatory for OEMs to follow
Automotive SPICE requirements.”
Automotive SPICE Level 2 Certification demonstrates Telenav
software products are:
- Adhering to international quality standards suitable for global
deployment
- Built with automotive grade safety and reliability as the
foremost priority
- Developed using continually improving design processes
The independent assessment was performed by Kugler Maag Cie, an
accredited assessment institute and one of the most reliable and
recognized independent assessment companies in the automotive
industry. Their objective judgement provides OEMs with a clear
picture of the status of Telenav software throughout product
development. It is the US-based branch of Kugler Maag GmbH,
Germany’s leading automotive process improvement and functional
safety consulting firm.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements relate to anticipated
financial performance, management’s plans and objectives for future
operations, business prospects, product offerings and performance,
market penetration, and other matters. Any forward-looking
statement made in this press release speaks only as of the date on
which it is made. Telenav undertakes no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future developments or otherwise.
Forward-looking statements can be identified by various words such
as “expects,” “intends,” “will,” “anticipates,” “believes,”
“confident,” “continue,” “propose,” “seeks,” “could,” “may,”
“should,” “estimates,” “forecasts,” “might,” “goals,” “objectives,”
“targets,” “planned,” “projects,” and similar expressions. These
forward-looking statements are based on management’s current
beliefs and assumptions and on information currently available to
management. Telenav cautions that these statements are subject to
risks and uncertainties, many of which are outside of Telenav’s
control and could cause future events or results to be materially
different from those stated or implied in this document, or to not
occur at all, including among others, risk factors that are
described in Telenav’s Annual Report on Form 10-K and quarterly
report on Form 10-Q, and other filings with the U.S. Securities and
Exchange Commission (“SEC”), which are available at the SEC’s
website at www.sec.gov. Given these uncertainties, you should not
place undue reliance on these forward-looking statements.
About Telenav
Telenav is a leading provider of connected car and
location-based services, focused on transforming life on the go for
people - before, during, and after every drive. Leveraging our
location platform, we enable our customers to deliver custom
connected car and mobile experiences. To learn more about how
Telenav’s location platform powers personalized navigation,
mapping, big data intelligence, social driving, and location-based
advertising, visit www.telenav.com.
Copyright 2020 Telenav, Inc. All Rights Reserved.
“Telenav” and the “Telenav” logo are registered trademarks of
Telenav, Inc. Unless otherwise noted, all other trademarks, service
marks, and logos used in this press release are the trademarks,
service marks or logos of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200427005094/en/
Raphel Finelli Telenav, Inc. 408-667-5970
Raphelf@telenav.com
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