6th Sep 2005 07:05
Telit Communications PLC06 September 2005 Press Release 6 September 2005 Telit Communications plc ("Telit" or "the Company") Update on Branded EVAR division Telit Communications plc (AIM:TCM), the global wireless communications developerand distributor, is pleased to give the following update on progress in itsBranded Enhanced Value Added Reseller ("EVAR") division. Telit's EVAR divisioncustomises and distributes cellular products to mobile operators and toindependent retailers, under the recognised brand "Telit". The Company sourcesits products from Original Design Manufacturers ("ODMs") and Original EquipmentManufactuers ("OEMs"). New contracts with Original Design Manufacturers (ODMs)Telit has signed four new contracts with ODMs to supply a wide range of cellularhandsets, ranging from entry-level handsets to UMTS phones and data cards. Theseproducts will be launched during the third week of October 2005. The four ODMscomprise Pantech & Curitel, the Seoul based developer of GSM, GPRS and CMDAhandsets; ZTE Corporation, China's largest listed telecommunicationsmanufacturer and wireless solutions provider; Amoi Electronics Company Ltd, aninternational corporation focused on communications, computers and consumerelectronics; and Bellwave & Co Ltd, the leading ODM in the world based in Seoul. Appointment of Head of Branded EVAR division in ItalyTelit is also pleased to announce the appointment of Renato Tomasini as Head ofBranded EVAR for Italy. Renato, aged 42, started his career at Telit in 1990 ashead of sales. He then was appointed to Motorola as a Global Account Managerwhere, in 1998, he was put in charge of the Telecom Italia Mobile account. In1998, Renato moved to Siemens to head the department responsible for operatorsales, and subsequently became head of sales of Mobile Italia. In 2004, Renatowas appointed General Manager of the mobile phone division of LG ElectronicsItaly. Oozi Cats, Chief Executive of Telit, commented: "I am pleased to give thisupdate on our branded EVAR division. The developments outlined above illustratethat the market for our branded products is buoyant. Thanks to the signing offour new ODMs, Telit can now offer 9 new cellular handsets from low tier toUMTS. "The appointment of Renato Tomasini as head of Branded EVAR in Italy confimsTelit's leading position in this market and I am confident that his experienceand contacts will enable Telit to continue our growth." - 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 • The Branded Enhanced Value Added Reseller ("EVAR") Division 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