TCM.L Regulatory News (TCM)

9 Nov 2005 07:00

Telit Communications PLC09 November 2005 Press Release 9 November 2005 Telit Communications plc ("Telit" or "the Company") Telit appoints Arrow Northern Europe as official distributor in the Nordic and Baltic countries. Telit Communications plc (AIM:TCM.L), the global wireless communicationsdeveloper and distributor, announces that Arrow Nordic Northern Europe has beenappointed as Telit's new distributor for its data products division to cover theNordic and Baltic countries. Telit's data products division designs, develops, manufactures, markets andsells a range of data cellular communication products for the machine to machine("m2m") market. The Company's technology and products enable other equipmentmanufacturers and electronic devices to utilise the widely deployed GSM/GPRScellular infrastructure to relay and accept information without humanintervention. These products are used in areas such as Automated Meter Reading("AMR"), fleet management, security, auto telematics , digital broadcasting, POSand vending. Arrow, a Fortune 500 company with more than 11,500 employees worldwide,distributes its customer's technology solutions to a variety of markets,including telecommunications, information systems, automotive andtransportation, medical and life sciences, industrial equipment, and consumerelectronics. The Nordic countries are currently seen to be at the front of the wirelessrollout within Europe as can be seen in Sweden, where by law, all power meterswill have to be equipped with wireless technology allowing for automated meterreading by 2008. Karin M. Jensen, Marketing Director of Arrow Nordic commented: "Within thecurrently very competitive business of electronic component distribution, theproducts of Telit as a new franchise is a huge opportunity for us in thestrongly growing market of Machine-to-Machine communication in the Nordics." Oozi Cats, Chief Executive of Telit, commented: "With the appointment of ArrowNordic, we are further extending our existing successful partnership with Arrowin Southern Europe. Through building on this relationship, and further expandingour presence within the Nordic and Baltic countries, Telit aims to become aprominent M2M solution provider. "We are confident that this is the right partnership to further build on ourstrong reputation as a leading M2M module supplier." -Ends- For further information: Telit Communications plcOozi Cats, Chief Executive Tel: +39 040 419 2491 www.telit.com ---------------- Media enquiries:AbchurchChris Lane / Katherine Murphy Tel: +44 (0) 20 7398 7700chris.lane@abchurch-group.com www.abchurch-group.com-------------------------------- ------------------------- For more information visit www.telit.com About Telit 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 About Arrow Arrow Electronics is one of the world's largest distributors of electroniccomponents and computer products and a leading provider of services to theelectronics industry. The company, which has its headquarters in Melville, NewYork, serves as a supply channel partner for more than 600 suppliers and 150,000OEMs, contract manufacturers, and commercial customers through 193 salesfacilities and 21 distribution centres in 40 countries and territories. Detailedinformation about Arrow's operations can be found at www.arrow.com. This information is provided by RNS The company news service from the London Stock Exchange