Published:
The NavStar/Argo Combined Companies Provide a Unique Platform for New Products and Services
Response to Argo Navigation Acquisition Has Been Very Positive

NavStar Technologies, Inc. (PINKSHEETS: NVSR)
announce today a very positive response to the recent acquisition of Argo
Navigation.
Argo Navigation, Inc. (Argo) is one of the Global Positioning System (GPS)
industry's most advanced design and development companies for fleet
management products with a proven product and a strong commercial customer
base in South America, Mexico, China and Canada. NavStar Technologies,
Inc. (NavStar) is launching its combined bluetooth hands-free car kit with
voice navigation in the US consumer and commercial GPS market and will
provide an affordable, easy to use, feature rich product. The two companies
completed the acquisition this week.
With a common approach to product development (thin client/server), Argo
and NavStar have already formulated product development plans to combine
the features of both products into a common device. Hands-free calling and
voice navigation can be added to Argo's Fleet Management product line and
tracking capability can be added to NavStar's Voice Navigator. This will be
the GPS industry's first product with these features and could be available
as early as the 1st quarter of 2009. Other new product ideas include a
trailer/container tracking device, new web based tracking software and a
"wearable" personal tracking device.
Revenue for 2008 has been projected to be between $3M to $5M. The recent
announcement about the agreement in Ecuador and additional LOIs and
contracts in process make this a realistic estimate. Revenue projected for
2009 could exceed $15M.
With Argo's established customer base in Canada, Mexico, Ecuador,
Venezuela, Brazil, China and the US, the combined company is positioned to
provide consumer and commercial products and services around the world.
"Argo and NavStar products are poised to take full advantage of the rapidly
increasing domestic and international demand for vehicle tracking,
hands-free navigation assistance," said Mr. N. Douglas Pritt, President and
CEO, NavStar Technologies, Inc.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning
of U.S. federal securities laws, that involve known and unknown risks and
uncertainties that may cause actual results to differ materially from those
expressed or implied in this press release. Actual results may differ
materially from those contained in the
forward-looking statements contained in this press release. NavStar assumes
no obligation to update any forward-looking statement contained in this
press release.
About NavStar Technologies, Inc.
NavStar Technologies, Inc. is focused on the creation of products and
services for asset tracking and combining hands-free calling with voice GPS
navigation.
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