Attachment Exhibit F

This document pretains to SES-T/C-20111205-01417 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2011120501417_928910

Exhibit F Description of Transaction and Public Interest Statement Under the terms of the proposed transaction, Telular Corporation ("Telular"), a publicly- traded (ticker WRLS) company, will acquire all of the stock of SkyBitz, Inc. ("SkyBitz"), the holder of blanket mobile earth station license E000725. As a result of this transaction, SkyBitz will become a wholly-owned subsidiary of Telular. The transferors are selling shareholders of SkyBitz. Transferors with a 10% or greater interest in SkyBitz are: Highstar Capital Fund I 32.99% Inverness Graham Investments 17.16% Cordova Ventures ITV Fund 11.28% Telular was established in 1986 and creates solutions based on the development of specialized wireless terminals that work in conjunction with software systems to provide integrated event monitoring and reporting services for machine-to-machine (“M2M”) applications. M2M applications typically involve outfitting machinery with sensors and remotely reading those sensors to improve process efficiency in areas such as supply chain management, security monitoring, meter reading, vehicle tracking and many other commercial and industrial situations. The acquisition of SkyBitz by Telular will augment the technology and service portfolio of Telular, improve the access to capital of SkyBitz and enhance the ability of Telular to provide M2M solutions to its customers. Accordingly, approval of the application for transfer of control of SkyBitz to Telular will serve the public interest.


Document Created: 2019-04-22 05:18:45
Document Modified: 2019-04-22 05:18:45
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