Telit Communications PLC LTE Cat 6 automotive-grade module order in America (2639I)
June 16 2017 - 2:00AM
UK Regulatory
TIDMTCM
RNS Number : 2639I
Telit Communications PLC
16 June 2017
Telit Communications PLC
Telit receives first purchase order from emerging North America
car OEM for its new LTE Cat 6 automotive-grade module.
London, 16 June 2017 - Telit Communications PLC ("Telit", "the
Group", AIM: TCM), a global enabler of the Internet of Things
(IoT), has received the first purchase order from an emerging North
America car OEM for its LTE Cat 6 automotive-grade module.
Telit's LTE Cat 6 module, which obtained certification from
AT&T in May 2017, will provide high-speed internet connectivity
and is expected to start shipping to the North American market in
the fall of 2017 and to other markets in 2018.
Oozi Cats, Telit Chief Executive, commented:
"For the past two years, we have been developing a new
automotive LTE Cat 6 communication module based on an Intel
platform for a new set of requirements from an emerging North
America car OEM.
"Besides high-speed, the module was designed with specific
attention to cybersecurity requirements in order to support
reliable and comprehensive use of over-the-air software update
technology. This is critically important for the automotive
industry since so much of the car is now software defined."
Enquiries
Telit Communications PLC Tel: +44 203
Oozi Cats, CEO 289 3831
Yosi Fait, Finance Director & President
Canaccord Genuity Limited (Nominated Tel: +44 20
Adviser and Joint Broker) 7523 8000
Simon Bridges/Martin Davison
Berenberg (Joint Broker) Tel: +44 20
Chris Bowman/Ben Wright 3465 2722
Instinctif Partners Tel: +44 20
7457 2020
Adrian Duffield/Chantal Woolcock
About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT)
enablement. The company offers the industry's broadest portfolio of
integrated products and services for end-to-end IoT deployments -
including cellular communication modules in all technologies, GNSS,
Wi-Fi, short-to-long range wireless modules, IoT connectivity plans
and IoT platform services. Through the IoT Portal, Telit makes IoT
onboarding easy, reduces risk, time to market, complexity and costs
for asset tracking, remote monitoring and control, telematics,
industrial automation and others, across many industries and
vertical markets worldwide.
# # #
Copyright (c) 2017 Telit Communications PLC. All rights
reserved. Telit and all associated logos are trademarks of Telit
Communications PLC in the United States and other countries. Other
names used herein may be trademarks of their respective owners.
This information is provided by RNS
The company news service from the London Stock Exchange
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