Thinkware Systems Corporation is a Korea-based company mainly engaged in the provision of navigation systems. The Company's product portfolio consists of navigation systems, including in-dash and on-dash portable navigation devices (PNDs), and map software; black boxes, which are used for automobiles; tablet personal computers (PCs), which are under the brand names of T9S, T10S and others, and location-based services (LBSs), including LBS mobile services, such as traffic information, friend finder, digital maps and others. The Company distributes its navigation products within domestic market and to overseas markets. On January 2, 2013, the Company acquired a 100% stake of a Korea-based company, which mainly engaged in development of location-based production and service.
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