30th Jul 2007 18:02
Telit Wireless Solutions Co., Ltd, the Korean-basedmachine-to-machine (m2m) mobile technology arm of TelitCommunications, today announced that they have signed a distributioncontract with Arrow Asia Pac. Under the terms of the agreement, Arrowwill provide sales, marketing and technical service support to promoteTelit's wide range of innovative machine-to-machine (m2m) modules inthe Asia Pacific region. £ Arrow Asia is one of the region's leading distributors of qualitysemiconductors, passive components, electromechanical and connectorproducts. The company serves more than 10,000 original equipment andcontract manufacturers and commercial customers in the Asia Pacificregion. £ "I am convinced that both Telit and Arrow will realize tremendousbenefits from this agreement," said S.G. Kang, President of TelitWireless Solutions Co., Ltd. "Cooperating with Arrow, Telit will gainadvantage primarily through its higher market penetration in the AsiaPacific m2m market." £ "Leveraging our existing relationship with Telit in Europeancountries, we are pleased to be working together to explore the highpotential growth of the Asia-Pacific m2m market," said Peter Kong,President of Arrow Asia Pac Ltd. "This collaboration will allowArrow's extensive customer base to gain access to Telit's wide rangeof cutting-edge and competitive wireless solutions. With Arrow'srobust demand creation capabilities, technical service expertise andstrong distribution network, we look forward to helping Telit expandits business in the Asia Pacific region." £ About Arrow Asia Pac £ As a business unit of Arrow Electronics, Inc. (NYSE:ARW), ArrowAsia Pac is one of Asia Pacific's leading electronic componentdistributors. In addition to its regional headquarters in Hong Kong,Arrow Asia Pac operates 50 sales offices, four primary distributioncenters and 12 local warehousing facilities in elevencountries/territories across Asia. Providing a full range ofsemiconductors, passive, electromechanical and connector products fromover 60 leading international suppliers, Arrow Asia Pac serves morethan 10,000 original equipment and contract manufacturers andcommercial customers in Asia Pacific. Visit us at www.arrowasia.com. £ About Telit £ Telit is a rising global wireless technology company. It develops,manufactures and markets GSM/GPRS, UMTS/HSDPA and CDMA/EVDO enterprisecommunication modules for machine-to-machine (m2m) applications whichstreamline business processes by enabling machines, devices andvehicles to communicate via mobile networks. Telit's products aresold and deployed worldwide through offices in China, Denmark, France,Germany, Great Britain, Israel, Italy, Korea, Spain, Taiwan, and theUSA. Telit Communications PLC is listed on the AIM (Ticker:TCM). Formore information about the company, please visit www.telit.com. Copyright Business Wire 2007Related Shares:
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