Source : Free On-Line Dictionary of Computing

Micro Instrumentation and Telemetry Systems
     
         (MITS) The company which made the {Altair 8800}
        {micrcomputer} kit.  They also made instrumentation kits for
        model rockets and RC vehicles.  Ed Roberts owned MITS for a
        few years until he sold out, moved to Georgia, and went to med
        school.
     
        Address: Albuquerque NM, USA.
     
        (2002-06-17)