ITS Electronics Appoints Edward DiCarlo as SVP-Business Development

Vaughan, Ontario, Canada, January 13, 2014 –ITS Electronics Inc., announced today it has named Edward DiCarlo as Senior Vice President, Business Development. In this role, he will oversee sales, business development and marketing worldwide.

DiCarlo is an experienced senior level sales and marketing executive with more than 25 years experience in the satellite and telecommunications industry, having held a wide range of senior sales and marketing positions in the telecommunications industry. Mr. DiCarlo served in various senior level positions at TeleCommunication Systems (TCS), Hughes, Loral, and CBS including: Vice President Emerging Markets, Vice President General Manager Marketing & Product Management, Vice President General Manager for Latin America and Managing Director Europe. In these roles, he was instrumental in opening and operating sales regions, domestic and international marketing and sales of satellite products and networks, strategic partnerships/alliances, company acquisitions, and development of network products/services. In addition, he has been a consultant to several major satellite operators, investment groups, product and services companies. For these clients, he provided sales, marketing and business development strategies to increase revenue.

DiCarlo has an engineering degree from Capitol College and an MBA from the University of Baltimore. He has also participated in the Executive Education program at the Wharton School, University of Pennsylvania.

Mr. DiCarlo will be based in the Washington D.C. area.