ioBridge Announces Funding and Commercial Contracts to Develop New Web-Enabled Products and Services

MARLBOROUGH, Mass., July 21 /PRNewswire/ -- ioBridge, Inc. (http://www.iobridge.com) sees rapid growth and announces series seed funding and multiple commercial contracts. ioBridge is the developer of Web-enabled hardware and cloud-based services and was recognized as providing one of the Top 10 Internet of Things Products for 2009 by ReadWriteWeb. ioBridge's technology platform enables almost any device or thing to be monitored or controlled via the Internet. The user base has grown very quickly, finding new applications for the flagship product, known as the ioBridge IO-204 monitor and control module. Users place the IO-204 on their network without setup and anything connected to the IO-204 is accessible securely via the Internet.

Users from around the world have created projects based on the IO-204 at their homes to remotely monitor fish tanks, open garage doors via a mobile phone, and report home energy use to social networks. Top technology magazines and Web sites, such as Popular Science, IEEE Spectrum, MIT's Technology Review, and MAKE Magazine, featured ioBridge projects. The success of these projects attracted companies looking to use ioBridge hardware and engineering services to create new commercial products and use the technology for professional applications.

"Our inbox is filled with email from schools, businesses, and hobbyists alike looking to use our devices for their applications," said Jason Winters, ioBridge's President, Technology. "I am thrilled with the response."

Over the past six months, ioBridge secured seed funding and landed commercial contracts for new consumer products and for a large scale environmental monitoring and control project. To support the growth, ioBridge added Robert Mawrey, Ph.D. as Chief Executive Officer and Hans Scharler as President, Software.

Robert Mawrey is the former Chief Information Officer of American Tower and brings with him twenty years of experience in electronic engineering, information technology, and strategic leadership. Robert holds a Ph.D. in Electronic Engineering from the University of Natal, Durban, South Africa.

Hans Scharler was formerly with TESSCO Technologies, where he designed and secured SCADA and Smart Grid networks for utilities. Prior to TESSCO, Hans released data management Web applications to manage learning programs and emergency response planning and reporting. Scharler is the co-author of "IP-based Physical Security" and holds lectures on network security and IP-based services.

ioBridge will be announcing the release of the ioBridge Professional Platform. The new platform includes hardware and Web services that will be available off-the-shelf to ease integration with consumer products and professional applications.

About ioBridge, Inc.

ioBridge, Inc. (http://www.iobridge.com) offers technology and services that enable almost anything to be Web-enabled and monitored and controlled over the Internet. ioBridge's technology includes a Web services platform that customers can use to extend the technology for many applications. ioBridge provides OEM and commercial integration services and licensing of core, patent-pending technologies.

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE ioBridge, Inc.

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