Ferrari’s are comming, we got cash !

Dec. 19, 2011 - PRLog -- Over the past couple of months, we've been working very hard developing our first  product version - our passion and attitude  helped us to overcome many obstacles, changes, which came  on the way. We had to start over several times, rework the product, business model, user interface, marketing, positioning, go to market approach... you name it.

Well, guess what...these changes come at price, we slipped couple of month behind original game plan, burn a lot of money, and we also payed some emotional price too. All of this, we did for three reasons: Product, product, product.

Today we are happy to announce that we successfully closed our first large corporate deal with mobile navigation leader Sygic, that will provide additional cash for further development. But what we will do with the cash? Let's be clear on this one...we buy Ferrari's of course... :)

Well, we know that to succeed long term, it require us to constantly improve, build better product, and deliver it to market faster than competitors as the opportunity window time is limited. If we loose on this one, we are out game. Period.

At the end this translates into getting on board additional (A) players, people who can add value, who are passionate about what they do and people who care for the end result...and are fun to work with too :)

Stay tuned for more to come.

Big hug to all of you for being with us. It's only going to get better from here.

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