Introduction

ITS offers a complete range of products and services covering all sectors of road transport, for business-level implementation and for the general public. ITS is dedicated to the development, marketing and distribution of in-vehicle telematics and mobile communications solutions. From the design of the hardware to the implementation of telematics software and Service Centers, the company has been established in order to capitalize on the growing opportunities arising from the convergence of GPS and GSM technologies, using these infrastructures for vehicle tracking, enhanced driving pleasure, security, asset protection and fleet management. The vision of the company is to become one of the leading vendors and suppliers of telematics solutions for the Intelligent Transport System market worldwide.

What is Telematics?

Telematics is the combination of wireless telecommunication and information technology networks. Telematics is one of the most exciting applications of modern communications technology to transport and vehicles, transforming life on the road with real-time location-based information and communication services.

Telematics solutions provide key services on the move to drivers of every kind, and to companies and public organizations that need to implement such services across their fleets. Furthermore, with ITS's GSM- and GPS-based solutions, these services are linked to a vehicleÕs actual location and follow it in real time, allowing prompt and location-specific response.

The worldwide telematics industry is already growing fast, and is reckoned to be one of the most important innovations for the road transport sector. The global telematics market is predicted by UBS Warburg to grow by an average of 40% CAGR per year till 2005. Solutions and services based on telematics technologies are being widely accepted in the United States and Europe; and other countries are likely to enter this rapid-adoption phase very soon.