AutoNavi Issues Clarification on Market Activity
07 12월 2012 - 6:30PM
AutoNavi Holdings Limited ("AutoNavi" or the "Company")
(Nasdaq:AMAP) is a leading provider of digital map content and
navigation and location-based solutions in China. In view of the
recent market activity in the Company's American depositary shares,
the Company would like to clarify that even though its independent
auditor is Deloitte Touche Tohmatsu CPA Ltd., the company is not
the Deloitte Touche Tohmatsu client referred to by the U.S.
Securities and Exchange Commission in its proceedings initiated
against the five accounting firms in China. AutoNavi was not and is
not subject to any SEC investigations.
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 3.6 million
kilometers of roadway and over 20 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, mobile
location-based solutions and Internet location-based solutions, and
public sector and enterprise applications. For more information on
AutoNavi, please visit http://www.autonavi.com.
CONTACT: For investor and media inquiries please contact:
In China:
Serena Shi
AutoNavi Holdings Limited
Tel: +86-10-8410-7883
E-mail: serena.shi@autonavi.com
Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-3073
E-mail: amap@ogilvy.com
In the U.S.:
Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
E-mail: amap@ogilvy.com
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