NASDAQ, ITRN - Ituran Location
We are mainly engaged in the area of location-based services, consisting of
stolen vehicle recovery and tracking services. We also provide wireless
communication products used in connection with our location-based services and
various other applications, including automatic meter reading and radio
frequency identification. We currently provide our services and sell our
products in Israel, Brazil, Argentina and the United States. In addition, we
have entered into contracts to deploy our automatic vehicle location,
infrastructure and sell our end-units in China and South Korea, and commenced
deploying such infrastructure in China in 2004 and in South Korea in 2005. In
2006 we acquired 51% of the issued share capital of ERM Electronic Systems
Limited (?ERM?) for $2.8 Million. ERM develops, manufactures, and markets
innovative vehicle security, tracking, and management GSM based communication
solutions for the international market. ...
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