NavStar Technologies Inc. announced a major breakthrough as it signed an agreement to sell and distribute NavStar products and service in the Philippines with Oplus Traders Inc. The agreement is focused on establishing a joint venture to sell and distribute NavStar products and services and could include manufacturing in the Philippines. The agreement combines NavStar's product development and GPS/wireless knowledge with the Philippines investor/partner in-country experience and extensive business connections. The agreement for hardware and services is targeted at $15.0 million over the next two years and product could be shipping as early as the first quarter 2010.

NavStar Technologies Inc. announced that the company's board of directors has authorized a 10% dividend of the company's common stock for its stockholders of record as of September 30, 2009. The stock dividend pay date to stockholders will be on October 14, 2009.

Anything Trucker Inc. announced the signing of a LOI to provide sales and distribution of NavStar Technologies Inc.'s product lineup for the US market. The companies expect to complete the formal agreement within the next 30 days. Anything Trucker and Anything Brands Online myFreightWorld division will leverage their existing sales force to provide equipment, software and related services to trucking and other commercial transportation companies in the US. The NavStar Vehicle Tracker and service will be the initial product sold in 2009. The LOI specifies 10,000 units and associated service will be sold annually which equates to $2.5M in hardware and service revenue.