Telenav for Sprint Supported Devices: v5.1 for Sanyo Katana; Motorola RAZR, KRZR - Manual (Page 15)

The Tools/Extras menu gives you options for setting your preferences and
other features as described in the following sections.
Record Location
To save your current location to your My Favorites list, do the following
steps:
1. Replace the default label and enter a label that accurately describes
your current location, like WORK, AMYS SCHOOL, etc.
2. Press the Down navigation key.
3. Press the OK button.
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