It's been some time since we've heard anything from Mexens Technology, but now its virtual GPS system is finally available for the iPhone. Yeah, the program still utilizes "WiFi and cellular tower triangulation techniques," but according to the firm's CEO, "this is just as if the iPhone were equipped with a GPS chip." Of course, we're still doubtful that this peer-to-peer location approach works just as good as a bonafide GPS receiver, but considering that you won't be forced to pay the $24.99 purchase price until after 15 days are up, why not give it a go and find out?

[Via Shareloc's Blog]

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