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Telit appoints Ram Zeevi as non-executive director

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Telit Communications PLC (LON:TCM) says it has appointed Ram Zeevi as a non-executive director.

Telit is a machine-to-machine (m2m) communications specialist.

For the past three years Zeevi, 48, has been a private investor and has successfuly invested in a number of high growth companies, largely in the technology sector, said Telit.

He holds directorships with Freelax Ltd, CrowdIT and Solarinc Ltd.

From 2001 to 2008, he was managing director of Caribbean Petroleum Corporation (in liquidation from August 2010) ("CPC") and he remains a non-executive director of the firm.

Before this, Zeevi was the chief executive of Zeevi Computers and Technology -  a technology investment company which was listed on the Tel Aviv stock exchange.

Telit CEO Oozi Cats said: "We are pleased to be able to announce that Ram will be joining the Board of Telit.

"He brings with him a wealth of corporate and investment experience and I am sure he will make an important contribution as we look to continue the expansion of Telit both organically and through acquisitions."

Quick facts: Telit Communications PLC

Price: 126.99 GBX

AIM:TCM
Market: AIM
Market Cap: £1.67 m
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