Numerex Named a TAG Top 40 Innovative Technology Company

ATLANTA, March 13, 2012 /PRNewswire/ -- The Technology Association of Georgia (TAG), the state's leading association dedicated to the promotion and economic advancement of Georgia's technology industry, announced Numerex Corp (NASDAQ: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, as one of its Top 40 Innovative Technology Companies in Georgia. TAG will recognize this prestigious group at the 2012 Georgia Technology Summit (GTS) on March 28, 2012, at the Cobb Galleria Centre.

These annual awards are presented to Georgia technology companies based on degree of innovation, the scope and financial impact of their innovations and effect of such innovation in promoting Georgia's technology industry throughout the U.S. and globally.

"The Top 40 companies are shining examples of what makes Georgia a hotbed for innovation in technology," said Tino Mantella, president & CEO of TAG. "Georgia is home to more than 13,000 technology companies, so we applaud Numerex for landing in the 2012 Top 40. Numerex is leading a worldwide M2M technology revolution with their innovation and expertise. For this and other reasons, Numerex clearly stands out as a leader in Georgia's technology community. It's companies like this that will help Georgia become recognized as one of the top states in the nation for technology."

Numerex Corp is one of the world's most prominent providers of M2M services and solutions for enterprise and government markets worldwide. The company offers Numerex DNA® that includes hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex's flexible, scalable horizontal platforms.

"We are very pleased and honored to have been distinguished by TAG for this award, recognizing our continued innovations and execution during this time of explosive growth in M2M. Unquestionably, the industry holds a very exciting future, and we are proud to be recognized for our leadership in its evolution," said Stratton J. Nicolaides, Chairman and Chief Executive Officer of Numerex.  

"This year we had a 30% increase in the number of applications versus previous years. We were very impressed by the quality and breadth of technology companies that applied," said Dennis Zakas, a partner and founder of Zakas & Leonard, LLP, Chair of Group Office Buys, LLC, and chairperson of the Top 40 Selection Committee. "It was very difficult to choose the Top 40 because of the large number of deserving companies. We expect great things from our winners."

For more information about the Top 40 awards and the Georgia Technology Summit, visit http://www.tagonline.org/georgia-technology-summit.php. Follow the conversation on Twitter through #GTS2012. 

About The Technology Association of Georgia (TAG)

The Technology Association of Georgia (TAG) is the leading technology industry association in the state, serving more than 15,000 members and hosting over 200 events each year. TAG serves as an umbrella organization for 30 industry societies, each of which provides rich content for TAG constituents. TAG's mission is to educate, promote, influence and unite Georgia's technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy. The association provides members with access to networking and educational programs; recognizes and promotes Georgia's technology leaders and companies; and advocates for legislative action that enhances the state's economic climate for technology. Additionally, the TAG Education Collaborative (TAG's charitable arm) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at www.tagonline.org or TAG's community website at www.TAGthink.com. To learn about the TAG-Ed Collaborative visit http://www.tagedonline.org/.

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® that includes hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex FAST® (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®" 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.

Media Contact:
Carrie Crabill
404 214-0722 x 102

Investor Relations Contact:
Seth Potter
646 277-1230

SOURCE Numerex Corp

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