Penske Racing sponsor news 2010-01-19

MAGELLAN JOINS PENSKE RACING AS NASCAR CUP SERIES SPONSOR IN 2010

MOORESVILLE, N.C. and SANTA CLARA, CA. (January 19, 2010) -- Continuing to steer in a positive direction, Penske Racing welcomes Magellan portable car navigation systems as a NASCAR Cup Series sponsor for 2010 and beyond.

Beginning a multi-year partnership this season, Magellan will make its debut as an associate sponsor on all three Penske Racing Cup Series entries. The No. 2 Miller Lite Dodge driven by Kurt Busch, the No. 12 Penske Dodge with Brad Keselowski behind the wheel and the No. 77 Mobil 1 Dodge driven by Sam Hornish Jr. will all be sponsored by Magellan.

"We hosted Magellan last year at our annual Penske Racing Sponsor Summit in Indianapolis," said Roger Penske. "We have continued to work with them and we are excited to announce this partnership because our organizations share common core values and we believe there are some great opportunities to build for the future together."

"Magellan is looking forward to becoming a part of the Penske Racing team," said Kevin Chuang, Magellan Chief Executive Officer. "Roger has built a top-echelon organization on and off the track and being a sponsor of Penske Racing will help Magellan as we continue to grow our brand."

About Penske Racing
In 2010, Penske Racing will compete in the NASCAR Cup Series with former Cup Series champion Kurt Busch and the No. 2 Miller Lite Dodge, former three-time IndyCar Series champion Sam Hornish Jr. in the No. 77 Mobil 1 Dodge and Brad Keselowski in the No. 12 Penske Dodge. The team will also race in the Nationwide Series with Justin Allgaier, the 2009 series Rookie of the Year, in the No. 12 Verizon Wireless Dodge and multiple race-winner Keselowski driving the No. 22 Discount Tire and Ruby Tuesday Dodge. Competing in a variety of disciplines, cars owned and prepared by Penske Racing have produced more than 310 major race wins, over 370 pole positions and 22 national championships. For more information about Penske Racing, please visit www.penskeracing.com.

About MiTAC Digital Corporation
MiTAC Digital Corp. is a wholly-owned subsidiary of MiTAC International Corporation and promotes and sells products and services under the Magellan brand name. Magellan assists people to travel, work and play their way with leading portable navigation and positioning solutions across multiple consumer markets. Recognized as an industry innovator, the company is the producer of the award-winning Magellan RoadMate, and Maestro™ series portable car navigation systems, as well as the Magellan Triton® and eXplorist® outdoor handheld navigation devices. MiTAC Digital Corp. is headquartered in Santa Clara, Calif. For more information on Magellan, visit www.magellangps.com.

-source: penske