Numerex Teams with its M2M Customers to Win Gold Value Chain Awards
ATLANTA, June 28, 2011 /PRNewswire/ -- Numerex Corp (Nasdaq: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, announced it is a member of two gold Value Chain Award winning teams recognized during the recent Connected World Conference sponsored by Connected World magazine, which is the magazine for upwardly mobile individuals interested in connectivity trends and the mobile lifestyle.
"The number and quality of innovations in the 'Connected World' have increased dramatically in the last few years as demonstrated by the remarkable Value Chain Award winners for 2011, and the groundbreaking material presented at the Connected World Conference this year," said Peggy Smedley, editorial director, Connected World magazine. "Unquestionably, the industry holds a very exciting future, which is being shaped by outstanding companies like Numerex, which continues, year in, year out, to be recognized for its successful adoption and promotion of M2M technologies."
The first award was won in the Hospitality category. EDC Technologies, which provides remote control combined with proactive monitoring of day-to-day usage with a focus on system anomalies and performance irregularities, partnered with Numerex and ClearConnex to provide a cost effective method of compiling energy usage data from various locations in order to optimize the amount of energy used in very large hot water systems. The end-result puts a flexible and robust platform, which generates actionable data, at the disposal of the customer.
The second award was won in the Supply Chain and Logistics category. Numerex teamed with iGPS Company, operator of the world's largest pallet rental service providing plastic pallets with embedded RFID tags, and Enfora, Inc. a Novatel Wireless company, to provide global monitoring of pallets using the Numerex WorldPass global network service and Enfora's Spider AT asset tag. Numerex designed a custom offering, specific to iGPS's business, that enabled iGPS to increase visibility into its supply chain around the world.
"We are very pleased and honored to have been distinguished by Connected World magazine, along with quality partners, in two different categories, exemplifying the robustness and versatility of Numerex's offerings," said Stratton Nicolaides, Chairman and Chief Executive Officer of Numerex. "These awards, which we continue to receive from industry leaders, underline Numerex's competitiveness and leadership."
About Connected World Magazine
Connected World is the first word on connectivity trends and mobile lifestyles. The magazine and Website set the direction for influential individuals looking to take innovation and emerging technology to the next level. By shaping the way readers embrace connected devices, Connected World helps make the present look more like the future. www.connectedworldmag.com
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.
Numerex Corp. Contact:
Alan Catherall
770 485-2527
Investor Relations Contact:
Seth Potter
646 277-1230
SOURCE Numerex Corp
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