NVST.PK shares were trading 20% higher than yesterday’s close. Volume has increased significantly the past two weeks as investors took interest in the company’s recent key developments and additional information provided on the innovative Voice Navigator™ product.
Earlier this week the Company announced that it has formed an alliance with Audex Telecom Industrial Co., Ltd. The partnership will enable the company to provide low cost, feature-rich, easy to use navigation products. Audex is one of the leading manufactures in the world of Bluetooth products and brings much experience to the Company.
Both NavStar and Audex Telecom will be committing their engineering resources to provide the Voice Navigator. Bob Lau from Audex Telecom commented, “We are pleased to be working with NavStar and believe that a combined Audex hands-free car kit with NavStar voice navigation capability has a significant place not only in the U.S. but also in China and other regions of the world.”
Let us hear your thoughts: NavStar Technologies Message Board