Navstar, Inc. (NVST.PK) Ready to Launch their Line of PNDs into the Emerging Market of GPS Navigators
Navstar headed by a management team that held past positions at Sprint, Onfiber, Lucent, and GTE has designed a line of PND’s Portable Navigation Devices targeted at consumers and commercial customers. Their headquarters are located in Overland Park, Kansas and all products are outsourced to Musical Electronics Ltd, which is based out of Hong Kong. The Beta product has been tested and manufactured, Navstar now sits ready to penetrate their target markets. Navstar will sell The Voice Navigator™ for $149 to $169 per unit and will market to retail consumers as well as commercial customers. This product is unique because…