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Article Excerpt M2 PRESSWIRE-30 November 2006-Large Cap News: Analysis of Pointer Telocation Ltd.(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:30112006
Pointer Telocation, (NASDAQ:PNTR) formerly Nexus Telocation Systems, can track runaway trucks, Mars bars, and more -- ASAP. The company's location-based management and security systems, based on the company's Nexusphere network, uses digital spread-spectrum technologies to provide security system monitoring, automatic vehicle location systems, stolen vehicle recovery, remote vending machine monitoring, and two-way paging. Pointer Telocation also offers assets surveillance and protection (ASAP). Its services for retrieving stolen vehicles are offered in Argentina, Israel, and Mexico, and in Russia and Venezuela through partners.
Shares were down 8% on unusually high volume.
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