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Telit Company Profile Telit Wireless Solutions is a global leader in the field of Machine-to-Machine ( M2M ) communications and subsidiary of Telit Communications PLC ( AIM: TCM ). Telit develops, manufactures and markets M2M modules which enable machines, devices and vehicles to communicate via wireless networks. The company is a fast-growing wireless M2M company achieving steadily increasing sales in the last four years, addressing a 20+ billion market growing, and representing substantial business potential. From its corporate headquarters in Rome ( Italy ), regional headquarters in EMEA ( Trieste, Italy ), North America ( Raleigh NC, USA ), Latin America ( S o Paulo, Brazil ), and APAC ( Seoul, Korea ), and a wide network of sales offices, Telit provides global sales, logistics, manufacturing and support to its customers worldwide. Two decades of experience across the globe have helped the company establish strong channels and unfettered access to key players in all major world markets. From its beginnings in 1986 as Telital and Telital automotive, an engineering company providing research and development services to multinational telecoms, Telit emerged as one of the leading names in innovative cellular technology. In 1997, the company began manufacturing and marketing products under the Telit brand. Since then, millions of cellular handsets and other mobile communications devices such as the first Globalstar satellite mobile phone have been supplied to users and operators worldwide. Telit recognized early on the potential of cellular M2M solutions and launched its first M2M module called Datablock in 1998. Allowing real-time monitoring and control, minimizing or dispensing with human intervention, M2M is gaining significant market traction as it addresses the ever-increasing demands, e.g. in terms of speed, savings, safety, environmental protection, localization, remote control, accuracy and many others in the business world. M2M is a technology that has evolved over the course of just a few years and yet has become indispensable for many industries. According to Beecham Research, the market had reached a volume of more than 50 billion US Dollar even by 2008. And the prospects for growth are excellent: In 2012, the market volume is set to rise five-fold to 250 billion US Dollar. [ 1 ]

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