interesting

### Ituran Location and Control Ltd. Presents Results for the Second Quarter of 2007



Record Quarterly Revenues Growing 17% Over Last Year

AZOUR, Israel, August 20 /PRNewswire-FirstCall/ -- Ituran Location and
Control Ltd. (NASDAQ: ITRN; TASE: ITRN), today announced its consolidated
financial results for the second quarter ended June 30, 2007.
Highlights
- Revenues of $29.2 million, a 17% increase over the second quarter of
2006
- Subscribers reached 418 thousand as of June 30, 2007, an increase of
43 thousand subscribers from 375 thousand subscribers as of June 30, 2006


"We will consolidate Mapa's results as of the start of the third
quarter," continued Mr. Sheratzky. "We believe our recently launched GPS
system in Israel complements our existing services, and fits our strategy
of continuously expanding the scope of the location based services that we
can offer to our customers." ###


INTERESTING…

The GPS System is specifically for the “Fleet” market…appears they have
recognized the limitation(s) of their present system and are to offer expanding solutions with GPS integral within their entire network.

Cheers