Telit Communications Plc

Telit Communications Plc

September 06, 2005 02:22 ET

Telit Communications plc: Update on Branded EVAR Division

LONDON, UNITED KINGDOM--(CCNMatthews - Sept. 6, 2005) - Telit Communications plc (AIM:TCM), the global wireless communications developer and distributor, is pleased to give the following update on progress in its Branded Enhanced Value Added Reseller ("EVAR") division. Telit's EVAR division customises and distributes cellular products to mobile operators and to independent retailers, under the recognised brand "Telit". The Company sources its products from Original Design Manufacturers ("ODMs") and Original Equipment Manufacturers ("OEMs").

New contracts with Original Design Manufacturers (ODMs)

Telit has signed four new contracts with ODMs to supply a wide range of cellular handsets, ranging from entry-level handsets to UMTS phones and data cards. These products will be launched during the third week of October 2005. The four ODMs comprise Pantech & Curitel, the Seoul based developer of GSM, GPRS and CMDA handsets; ZTE Corporation, China's largest listed telecommunications manufacturer and wireless solutions provider; Amoi Electronics Company Ltd, an international corporation focused on communications, computers and consumer electronics; and Bellwave & Co Ltd, the leading ODM in the world based in Seoul.

Appointment of Head of Branded EVAR division in Italy

Telit is also pleased to announce the appointment of Renato Tomasini as Head of Branded EVAR for Italy. Renato, aged 42, started his career at Telit in 1990 as head of sales. He then was appointed to Motorola as a Global Account Manager where, in 1998, he was put in charge of the Telecom Italia Mobile account. In 1998, Renato moved to Siemens to head the department responsible for operator sales, and subsequently became head of sales of Mobile Italia. In 2004, Renato was appointed General Manager of the mobile phone division of LG Electronics Italy.

Oozi Cats, Chief Executive of Telit, commented: "I am pleased to give this update on our branded EVAR division. The developments outlined above illustrate that the market for our branded products is buoyant. Thanks to the signing of four new ODMs, Telit can now offer 9 new cellular handsets from low tier to UMTS.

"The appointment of Renato Tomasini as head of Branded EVAR in Italy confirms Telit's leading position in this market and I am confident that his experience and contacts will enable Telit to continue our growth."

For further information:

Telit Communications plc
Oozi Cats, Chief Executive Tel: 00 39 040 419 2491

Media enquiries:

Chris Lane / Katherine Murphy Tel: +44 (0) 20 7398 7700

Notes to Editors

Telit Communications plc is a global business specialising in innovative customised mass production solutions for cellular communications. The Company has two distinct business operating divisions leveraging on its core intellectual 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 17 countries, the Company has established a prominent position in mobile handsets and m2m industries in its chosen markets.

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