1 Korazin Street
Givatayim, 53583
Israel
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For Immediate Release
Pointer Telocation to Release its 2007 Revenue and Profitability Guidance
Givatayim, Israel December 18, 2006. Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR), a leading provider of services to insurance companies, fleet managers and vehicle owners, including road-side assistance, towing and stolen vehicle retrieval services in Israel, Argentina and Mexico, will release on Thursday, December 21st, 2006, its 2007 revenue and profitability guidance as well as its business strategy and growth forecast.
Pointer Telocations management will host two conference calls with the investment community to review and discuss the guidance:
| The Hebrew Conference Call will take place on 16:00 Israel time, 9:00 AM EST. |
| The English Conference Call will take place on 10:00 AM EST, 17:00 Israel time. |
To listen to the calls, please dial-in to one of the following teleconferencing numbers. Please begin placing your calls at least 5 minutes before the conference call commences.
From USA: +1-866-229-7198
From Israel: 03-918-0609
About Pointer Telocation:
Pointer Telocation Ltd
www.pointer.com provides range of services to insurance companies and vehicle
owners, including road-side assistance, vehicle towing, stolen vehicle retrieval, fleet
management and other value added services. Pointer Telocation provides services, for the
most part, in Israel, through its subsidiary Shagrir and in Argentina and Mexico through
its local subsidiaries. Independent operators provide similar services in Russia and
Venezuela utilizing Pointers technology and operational know-how.
Safe Harbor Statement
This press release contains
forward-looking statements with respect to the business, financial condition and results
of operations of Pointer and its affiliates. These forward-looking statements are based on
the current expectations of the management of Pointer, only, and are subject to risk and
uncertainties relating to changes in technology and market requirements, the
companys concentration on one industry in limited territories, decline in demand for
the companys products and those of its affiliates, inability to timely develop and
introduce new technologies, products and applications, and loss of market share and
pressure on pricing resulting from competition, which could cause the actual results or
performance of the company to differ materially from those contemplated in such
forward-looking statements. Pointer undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events. For a more detailed
description of the risks and uncertainties affecting the company, reference is made to the
companys reports filed from time to time with the Securities and Exchange
Commission.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
POINTER TELOCATION LTD. By: /s/ Yossi Ben Shalom Yossi Ben Shalom Chairman of the Board of Directors |
Date: December 19, 2006