ITRAN Communications Ltd. annonces official name change to Yitran Communications Ltd.


Beer -Sheva, ISRAEL - November 2004 - ITRAN Communications Ltd., a global provider of high performance PLC (Power Line Communication) technology, announces a slight name change, effective immediately. The company is now officially named Yitran Communications, Ltd. "Since our PLC technology has gained vast acknowledgment worldwide and with the new challenges ahead, we decided to make this slight change in order to better secure our brand name, while maintaining our past success", said Avner Matmor, Yitran's CEO. "ITRAN has been a leading provider of innovative and cost -effective PLC technology and under the new Yitran name we intend to broaden our offering and further strengthen our position in the global market".

About Yitran Communications, Ltd.
A fabless semiconductor company, Yitran Communications Ltd. (formerly ITRAN Communications Ltd.), designs, develops, and markets high performance, low cost PLC (Power Line Communication) modem chips. Yitran`s integrated circuits provide robust and reliable communication over the existing electrical wiring and power grids and enable a variety of `No New Wires` applications, such as Home Automation, Command & Control and AMR (Automatic Meter Reading). Yitran`s customer and partner lists include leading companies, such as Renesas, MEW (Matsushita Electric Works), Hitachi, KEPCO, Kinden, LG and Microsoft.
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