$300m Motorola Israel contract with US Postal Service approved

Motorola Israel develops data products for the global market.

Motorola Israel reported today that it would supply 300,000 mobile data collection devices to the US Postal Service. The three-year contract is worth almost $300 million, including financing for Motorola Israel and setting up necessary infrastructure in the US.

The devices will be used at most postal service points in the US as a mobile scanner, which can read advanced barcodes. This will make it possible to track mail at all delivery stages, from the moment it is sent until it reaches its destination. Over 800 million pieces of mail were scanned in the US in 2003.

Motorola Israel is Motorola’s (NYSE: MOT) global development center for data products designed for the global market. Motorola Israel will develop the devices for the contract, and manufacture them in the Motorola Israel plant in Arad.

Published by Globes [online] - www.globes.co.il - on November 8, 2004

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