TELIT COMMUNICATIONS PLC

("Telit" or the "Company")

Trading Update for three months ended 31 March 2015 -

 22.6% growth in revenues

April 13, 2015 - The Board of Telit (AIM: TCM), a global leader in machine-to-machine (m2m) communications, the chief enabler technology area for the Internet of Things (IoT), is pleased to provide a trading update for the three months ended 31 March 2015.  

Telit's revenues for Q1 2015 were $64.6 million, an increase of 22.6% over the comparable period last year (Q1 2014: $52.7 million).

The Board expects that trading for the full year 2015 will be in-line with market expectations.

Oozi Cats, Chief Executive of Telit, said "I am pleased to report Telit has had a good three months. Full year revenues are expected to continue our strong growth rate of about 20%. We continue to see robust performance from the automotive product line and the Platform as a Service (PaaS). Both offerings are making good progress and I expect they will widen our addressable market and increase our opportunities for growth in future years".

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Notes to editors

Telit Communications PLC (AIM: TCM)  is a global leader in machine-to-machine (M2M) devices, connectivity, value added and cloud services for the market space known as the Internet of Things (IoT). The company's product portfolio includes 2G, 3G, 4G cellular, short-range radio communication modules and positioning (GPS/GNSS) receivers. The Telit Automotive Solutions business unit markets products meeting strict Automotive OEM standards for the connected car mobility market. The m2mAIR business unit, markets value-added services in support of deploying and managing assets under mobile networks including connectivity. Through m2mAIR,  the company also markets cloud and PaaS-model services enabling data management, application development, operational management with existing enterprise IT and back-end systems. The company has more than 12 years of sharp focus in M2M and the IoT. Originally a vendor of cellular modules, Telit is now a full-service provider of cellular, short-range wireless and GNSS modules, mobile connectivity, security and cloud-based management solutions. Telit innovates products and services from 8 R&D centres, sells and supports its products and services through a network of 35 sales offices and 60 distributors to more than 5,000 customers in 80 countries around the world. More information at www.telit.com.