Pointer Telocation Ltd. (Nasdaq:PNTR) a leading developer, manufacturer and operator of Mobile Resource Management (MRM) and roadside assistance services for the automotive industry, announced its financial results for the second quarter of 2011. Revenues: Pointer's revenues for the second quarter of 2011 increased 21% to $22.1 million, as compared to $18.3 million in the second quarter of 2010. In the first six months of 2011, revenues increased 23% to $43.2 million, as compared to $35.0 million in the first half of 2010. International activities for the second quarter and for the first half of 2011 were 28% of total revenues, as compared to 24% of total revenues in the first half of 2010. Revenues from products in the second quarter of 2011 increased 28% to $7.9 million (36% of revenues), as compared to $6.2 million (34% of revenues) in the second quarter of 2010. Revenues from products in the first half of 2011 increased 43% to $15.8 million (37% of revenues), as compared to $11.0 million (32% of revenues) in the first half of 2010. Pointer's revenues from services in the second quarter of 2011 increased 17% to $14.2 million (64% of revenues), up from $12 million (66% of revenues), in the comparable period of 2010. Revenues from services in the first half of 2011 increased 14% to $27.4 million (63% of revenues), compared to $24.0 million (68% of revenues) in the first half of 2010.


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