Brussels, Belgium, 10 May 2007 - Mio Technology has consolidated its number three position within the integrated GPS navigation device market across Europe, the Middle East and Africa (EMEA) recording robust year-on-year sales growth of 162% for Q1 2007 and an increase in market share from 9.3% in Q4 2006 to 9.7% in Q1 2007, according to Canalys estimates.

For the fourth consecutive quarter, Mio Technology has maintained its number three position in the integrated GPS navigation device market in EMEA, with an increasing market share, marking an important milestone in the company’s four year existence.
“The continuous growth of our market share shows that Mio Technology’s “great value for reasonable money” wins over a growing number of customers,” says Paul Notteboom, President of Mio Technology. “In Q2 we’ll reaffirm our position with a new range of affordable products that offer cutting-edge features such as wide screen providing more information with a split screen view, hands-free Bluetooth calling and traffic information with TMC.” 
He added that the company's figures in the entire integrated GPS market were boosted by performances in a number of key markets across EMEA. "We've moved up to the number two position in Spain and Italy and number three position in Austria. In Belgium, our European headquarters, we currently hold the second position and the third position in the Netherlands. In addition, we are proud to have retained our number one position in Greece. "
Further, Mio Technology continues its expansion across Europe with addition of a permanent Sales presence in Austria and Switzerland, with a strong increase of the company’s position in that region expected. This will come as an addition to the fact that Mio Technology is first to ensure full compliance of its products with the new legislation in Switzerland and Austria regarding speed camera alerts, receiving the ASTRA accreditation.  This will further spur the company’s growth in Switzerland and Austria.