ROSH HAAYIN, Israel,
January 28, 2016 /PRNewswire/ --
Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR)
announced that it has received a letter from Nasdaq
dated January 28, 2016 confirming the compliance by the
Company of the audit committee requirements for continued listing
on The Nasdaq Capital Market as set forth in Listing Rule
5605, following the appointment of Ms. Yehudit Rozenberg to
the Company's board of directors and audit committee on
January 25, 2016. As previously
disclosed, the Company had received a non-compliance notice on
December 9, 2015 due to the audit
committee vacancy created by Ms. Rotbard's passing.
About Pointer Telocation
Pointer Telocation is a leading provider of technology and
services to the automotive and insurance industries, offering a set
of services including Road Side Assistance, Fleet Management and
Stolen Vehicle Recovery. Pointer has a growing list of customers
and products installed in 50 countries. Cellocator, a Pointer
Products Division, is a leading AVL (Automatic Vehicle Location)
solutions provider for stolen vehicle retrieval, fleet management,
car & driver safety, public safety, vehicle security and
more.
Pointer Telocation's top management and the development center
are located in the Afek Industrial Area of Rosh Ha'ayin, Israel. For more information
visit http://www.pointer.com
Contact:
Zvi Fried, V.P. and Chief
Financial Officer
Tel.: +972-3-572 3111
E-mail: zvif@pointer.com
Kenny Green/Ehud Helft, GK Investor
Relations
Tel:
+1-646-201-9246
E-mail: pointer@gkir.com
SOURCE Pointer Telocation Ltd