Pointer Telocation Ltd. (NasdaqCM:PNTR) is looking for acquisitions. Chief Executive Officer and President of Pointer Telocation Ltd., David Mahlab said "We intend to continue to pursue our accretive acquisition that will expand our footprint and strengthen our position, particularly in territories in which we are already active. Our acquisition strategy has been successful over the past few years, and our ongoing cash generation contributing to the strong balance sheet allows us to continue with this strategy at full force."