19th Sep 2005 07:01
Telit Communications PLC19 September 2005 Press Release 19 September 2005 Telit Communications plc ("Telit" or "the Company") Appointment of Director Telit Communications plc (AIM:TCM), the global wireless communications developerand distributor, is pleased to announce that Avi Israel has been appointed tothe Board of Telit as a Non Executive Director with immediate effect. Avi, aged 40, is currently Vice President & Chief Financial Officer of PolarInvestments Ltd, the Company's largest shareholder. Previously, Avi was employedat Formula Systems Group, a NASDAQ traded company. Avi holds, or has held within the last 5 years, the following directorships orpartnerships: Current Directorships Past Directorships within the last five yearsPolar Real Estate International Net Quotient UK Ltd(1997) Ltd. Net Quotient Consulting Group Inc Xtivia Inc There are no further details to be announced pursuant to Schedule 2(f) of theAIM Rules for Companies. Commenting on the appointment, Oozi Cats, Chief Executive of Telit, said: "Avihas a strong background in our industry and has much experience working withpublicly traded companies. I am confident that he will make a valuablecontribution to Telit." - Ends - For further information: Telit Communications plcOozi Cats, Chief Executive Tel: 00 39 040 419 2491 www.telit.com Media enquiries: AbchurchChris Lane / Katherine Murphy Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com Notes to Editors Telit Communications plc is a global business specialising in innovativecustomised mass production solutions for cellular communications. The Companyhas two distinct business operating divisions leveraging on its coreintellectual property and know how: • The Data Products Division which designs, develops, manufactures, markets and sells a range of data cellular communication products for the machine to machine ("m2m") market. The Company's technology and products enable other electronic devices and equipment manufacturers to utilise the widely deployed GSM/GPRS cellular infrastructure to relay and accept information without human intervention. Telit owns its own protocol stack and supplies A-Z solutions for the m2m market. • The Branded Enhanced Value Added Reseller ("EVAR") Division which customises and distributes to mobile operators and to independent retailers, under the recognised brand "Telit", ODM's and OEM's cellular products, utilising its extensive in-house research and development resources With its headquarters in the UK, an R&D site in Italy and a presence in 17countries, the Company has established a prominent position in mobile handsetsand m2m industries in its chosen markets. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TCM.L