16th Mar 2006 14:00
Telit Communications PLC16 March 2006 Press Release 16 March 2006 Telit Communications plc ("Telit" or "the Company") Additional Financial Information The Directors of Telit (AIM: TCM), the global wireless communications developerand distributor, are pleased to announce the following additional financialinformation following the Company's preliminary results on 1 March 2006. Polar Investments Ltd. ("Polar"), the majority shareholder in the Company, isrequired under Israeli law to publish certain financial information with respectto Telit in its annual report (the "Polar Annual Report") to the Tel Aviv StockExchange. The Polar Annual Report will be published on or about March 16, 2006 and willinclude the following information with respect to the Company that was notincluded in Telit's preliminary results: Backlog as of December 31 2005: Euro 23.8 million Backlog on or about the time of the Polar Annual Report: Euro 29 million For the purposes of this disclosure, "backlog" may include confirmed orders,commitments in framework agreements and other understandings with customers inconnection with future orders. - Ends - For further information: Telit Communications plcOozi Cats, Chief Executive Tel: 00 39 040 419 2491 www.telit.com Media enquiries: AbchurchChris Lane / Laura Riascos de Castro Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TCM.L