Numerex Hosts Expert Panel at Upcoming Insurance Telematics Show

ATLANTA, Sept. 6, 2011 /PRNewswire/ -- Numerex Corp (Nasdaq: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, announced today that it will host a panel discussion with leading industry insurance and telematics experts on September 8, 2011 at Insurance Telematics USA 2011 Conference and Expo in Chicago, sharing the company's thought-leadership and expertise in the insurance industry.  Numerex executive Rick Burtner, Senior VP and GM for the Distributed Products Group, will participate in the discussion in partnership with other industry leaders including Jeff Newman, Senior Vice President, Enfora (Novatel Wireless) and Dave Huber, Vice President Insurance Telematics, GMAC Insurance. The panel will be moderated by Dominique Bonte, Group Director, Telematics and Navigation, ABI Research.

"We are very excited to participate in this event with such prestigious industry names," says Rick Burtner of Numerex. "The premise is simple: insurance companies need quality information so that they can expertly interpret that data to give their customers better rates and more rewarding programs. We'll be discussing easy, efficient ways to do just that. As one of the early pioneers of mobile telematics solutions, we have a long history and deep insight into this industry. We look forward to a lively discussion about the industry's future and to sharing Numerex's perspectives on the evolution of insurance telematics."

According to a new report from Telematics Update, the show's organizer, the insurance telematics market is projected to expand rapidly from $50 million in sales of usage-based insurance (UBI) devices in 2011 to approximately $2.6 billion by 2015.

Audience participants at the panel will gain insight into the many dimensions of the platforms and business services that meet the current and emerging UBI program requirements. They will:

• Understand the hardware-network certification process for deploying new devices quickly and efficiently;
• Hear first-hand the challenges and successes of deploying UBI programs from key panel members as well as the audience;
• Understand the reporting and data distillation capabilities of usage-based platforms and the necessary business services that partners should be offering; and
• Learn about the trends in usage-based platforms and how to quickly adapt for growing feature requirements.

"Numerex has been a leader in the telematics space for many years, and we are excited that they have agreed to organize a panel this year with us. Insurance companies as well as service providers will benefit from views and discussions among senior level speakers on the market opportunities and challenges of this exploding industry as technologies evolve and the consumer market becomes more open to the benefit of driver-based programs. It's a must-see for attendees this year," said Mr. Ben Gill, Conference Director, Telematics Update.

"Our AccelaView ™ solution for the insurance space meets the fast-pace demand for more efficient, reliable and scaleable vehicle intelligence platforms. We not only offer insurance customers the hardware, network and application to build an efficient usage-based program but we work with their experts to deliver the data and interpretation they need so they can build and deploy more rewarding driver-based offerings more quickly," says Burtner.

The show will take place on Sept 8-9, 2011, at the Hyatt Regency McCormick Place, Chicago, IL and Numerex will also be exhibiting at Booth #7. As an event partner, Numerex has secured an additional $100 discount off conference passes. Click here and use discount code '1954spk' to benefit from this offer.

About Telematics Update

Telematics Update conferences are the most prestigious in the industry. They produce the largest telematics events in North America, Europe & Asia, and attract the most influential speakers, providing a rich environment for establishing strategic relationships and networking.

About Numerex

Numerex Corp (Nasdaq: NMRX) is a leading provider of machine-to-machine (M2M) business services, technology, and products used in the development and support of M2M solutions for the enterprise and government markets worldwide. The Company offers Numerex DNA(R) that includes hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex FAST(R) (Foundation Application Software Technology). Customers typically subscribe to device management, network, and application services through hosted platforms. Business services enable the development of efficient, reliable, and secure solutions while simplifying and speeding up deployment through streamlined processes and comprehensive integration services. Numerex is ISO 27001 information security-certified. "Machines Trust Us(R)" represents the Company's focus on M2M data security, service reliability, and round-the-clock support of its customers' M2M solutions. For additional information, please visit www.numerex.com.

© 2011 Numerex Corp. All rights reserved. Numerex, the Numerex logo and all other marks contained herein are trademarks of Numerex Corp. and/or Numerex- affiliated companies. All other marks contained herein are the property of their respective owners.

This press release contains, and other statements may contain, forward-looking statements with respect to Numerex future financial or business performance, conditions or strategies and other financial and business matters, including expectations regarding growth trends and activities in the wireless data business. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "intend," "estimate," "assume," "strategy," "plan," "outlook," "outcome," "continue," "remain," "trend," and variations of such words and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may," or similar expressions. Numerex cautions that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements and future results could differ materially from historical performance.

SOURCE Numerex Corp

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