11th May 2009 07:00
11 May 2009
Telit Communications Plc
("Telit" or "the Company")
Partnership with Telenor Connexion
Rome, 11 May 2009 - Telit Wireless Solutions, a global leader in machine-to-machine ("M2M") communications and a subsidiary of Telit Communications Plc (AIM: TCM), and Telenor Connexion, a leading global connectivity provider, have concluded an agreement covering conjoint marketing activities. Both companies are innovation leaders in their market sectors. They will be combining their efforts to simplify the connectivity of cellular M2M solutions. In the future, customers will profit from an integrated M2M solution.
"This partnership with Telit, one of the most innovative M2M players on the market, is an important step for Telenor Connexion in its bid to expand its customer base in the fast-growing M2M market. Telit is a reliable partner that understands users' needs very well." says Dan Mårtensson, CMO of Telenor Connexion.
"In view of their global orientation, innovative strength and vigorous growth, Telenor Connexion and Telit are an excellent match," explains Dominikus Hierl, Managing Director Strategic Accounts & Corporate Business Development of Telit. "Telit's strong indirect sales channels coupled with Telenor Connexion's focus on its direct sales channels means the two companies complement each other perfectly."
Under the terms of the partnership, the GE863-SIM module from Telit will be available with Telenor Connexion's patented eSIM, an integrated chip SIM-card. The GE863-SIM is a module tailored to specific customer needs that is produced on demand. A remarkable characteristic of the module is that the eSIM reduces the space needed up to 90 per cent. compared with the traditional SIM-card and holder, thereby making a considerable contribution to the system's robustness. Customers also benefit from improved SIM reliability, significant cost savings and a markedly increased level of efficiency in the development and production of their M2M solutions.
The long-term goal of the partnership between Telit and Telenor Connexion is the development of a completely integrated solution with wireless M2M hardware and on-board connectivity.
About Telenor Connexion
Telenor Connexion is a leading global provider of M2M connectivity solutions. Machine-to-machine (M2M) communication is a rapidly expanding market. Companies in industries as diverse as automotive, security, utilities and fleet management are implementing M2M solutions to achieve productivity gains, cost management, environmental improvement and to expand customer services. With more than 10 years of experience and over 1.3 million active SIM-cards Telenor Connexion is an experienced and reliable partner. We are dedicated to our customers' business and understand their needs. Telenor Connexion has provided international, cost-effective M2M communication solutions to a number of global customers such as Volvo, Daimler and Securitas Direct. According to leading industry analyst Bergh Insight Telenor is "the most advanced mobile operator in the area of M2M" and also "the dominant provider of wireless M2M connectivity".
Telenor Connexion is wholly owned by Telenor Group, an international provider of high quality mobile communications services to customers in 12 markets across Asia and Europe. For more information please visit www.telenorconnexion.com.
About Telit
Telit Wireless Solutions is an internationally leading specialist in wireless M2M technology. Telit is the only company worldwide to offer communications modules for all of the various wireless technologies: it develops, produces and markets modules for GSM/GPRS, UMTS/WEDGE/HSDPA, CDMA/EVDO and Short-Range RF applications. M2M applications rationalise business processes by enabling machines, equipment and vehicles to communicate with each other via mobile networks.
Telit products are used all over the world and marketed via Telit's offices in Brazil, China, Denmark, France, Germany, Israel, Italy, Korea, Spain, the Republic of South Africa, Taiwan, Turkey, the UK and the USA. Telit's global distributor network comprises of specialists in wireless technologies and enhances the customer experience in over 56 countries worldwide.
Further information about Telit and its products can be found at www.telit.com
Enquiries:
Telit Communications Plc Tel 00 972 3 791 40 40
Michael Galai, Finance director [email protected]
Seymour Pierce Ltd Tel: 00 44 207 107 8000
Chris Howard / Christopher Wren www.seymourpierce.com
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