Mobile Data Labs, known for developing the MileIQ app, focuses on providing tools for tracking mileage, which is especially useful for professionals who drive for business purposes. MileIQ automatically records and logs drives, simplifying the process of distinguishing between business and personal mileage. This ensures accurate reimbursement and tax deduction calculations. The app is available for both iOS and Android devices and aims to help users save time and ensure precise mileage reporting.