Azor, Israel, July 30, 2008 --(PR.com
)-- Micronet Ltd., a leading global OEM provider of MDTs (Mobile Data Terminals), publicly traded on the Tel-Aviv stock exchange, has completed a strategic business assessment and is acting to broaden its product and service portfolio, as well as expand its international market presence via synergistic acquisitions or joint venture opportunities.
Micronet, the MRM industry's premier MDT supplier, with an extensive international customer base of leading Fleet management solution providers, plans to initiate discussions with technology partners and industry players in North America and other key emerging markets.
“This strategic direction is designed to leverage Micronet's strong, long standing, international market position, available monetary resources and the company's wealth of software and hardware experience in the Mobile data space” said Rafi Katz, Micronet’s CEO.
Israeli based Micronet, had a successful Initial Public Offering (IPO) on the Tel-Aviv Stock exchange, at the end of 2006. During 2007 the company has opened a U.S. Sales office in Fair Lawn, NJ, and has established an Advisory Board to assist management on strategic planning and execution.
Micronet is a leading OEM vendor, providing enabling technologies, hardware and software, for next generation Mobile Resource Management Solutions. Micronet's products are used globally by channel partners, who provide Fleet and Mobile Workforce management solutions and services in a variety of industries and vertical markets.
For over two decades Micronet has been developing, manufacturing and marketing mobile data terminals and mobile workforce management solutions. The company's products are designed to facilitate workforce productivity, enable corporate efficiency, and enhance customer service. Micronet's OEM products are implemented internationally, through channel partners, and are globally recognized for their ingenuity, competitive pricing and service excellence.
Micronet Ltd., an Israeli corporation listed on the Tel Aviv Stock Exchange (TASE), maintains full in-house R&D - software and hardware - capabilities, operates a modern manufacturing facility and is ISO 9001-2000 certified.