Networks In Motion Shows WiMax Device

Aliso Viejo-based Networks In Motion, which develops wireless navigation and location-based services technology, said today that it is showing a new WiMax connected navigation system at CES. NIM said that the new hardware is a "proof of concept" which shows how WiMax can be used for keeping in-car navigation systems up to date. Venture backed Networks in Motion has scored several rounds of funding from Mission Ventures. Redpoint Ventures, and Sutter Hill Ventures, and powers location-based services AAA Mobile, Verizon's VZ Navigator, and Mobile.