TAIPEI, Taiwan and NEWARK, N.J., Jan. 22, 2015 /PRNewswire/ -- Today Arkados Group, Inc. (OTCQB: AKDS) (the "Company" or "Arkados"), a leading software developer and system integrator enabling Internet of Things ("IoT") applications, announced that its Chief Executive Officer, Terrence DeFranco, was a featured speaker at the 2015 Smart City Summit & Expo, held January 20th to 22nd in Taipei, Taiwan.
The Smart City Expo, an annual event launched by Taiwanese corporations, encourages the building of smart cities. The goal is to recognize the business opportunities underlying this global trend as well as the tremendous benefits a smart city has for its citizens, businesses and government. The Expo was organized by the Taipei Computer Association and attendees included many major corporations from across the world, including sponsors such as Ericsson Taiwan, IBM Taiwan and STMicroelectronics. Mr. DeFranco presented 'The Evolution of Smart Buildings,' a comprehensive and informational look at the conventional definition of the Smart Building and how advances in technology, primarily in the context of the Internet of Things, is changing the landscape to create a new paradigm in building automation. Mr. DeFranco also provided insight into the building of the future and how a truly intelligent building is an important component of much broader systems, such as the Smart City. Finally, Mr. DeFranco discussed how the collaboration among all involved parties is required to make the adoption of broad scale Internet of Things applications a reality.
"Firstly, we are very thankful to our colleagues at Tatung Co. for inviting us to be part of such a great event. In order for the Internet of Things evolution to continue in building automation, we must explore the impact of the building in a broader sense, embrace an era of collaboration and deploy sustainable, flexible and pervasive solutions that advance this evolution for generations. Our presentation at this exhibition gives many examples of how to use evolutionary, cutting-edge technologies to enhance the value of buildings in terms of wellness, efficiency, and comfort while simultaneously improving efficiency and productivity of its occupants, lowering operating costs and minimizing environmental impact. Arkados' LinqUSP and Process and Event Management System are designed with these goals in mind and we are very pleased that the market is recognizing the inherent value of these technologies."
About Arkados Group, Inc.
Arkados Group, Inc. ("Arkados" or the "Company") is a leading software development and system integrator enabling Internet of Things applications for home and building automation and energy management. The Company's solutions are uniquely designed to drive a wide variety of wireless and powerline communication (PLC)-based products, such as sensors, gateways, video cameras, appliances and other devices. By utilizing the Company's solutions, Arkados' customers can bring numerous sophisticated, full-featured products to market faster at a lower overall development cost. Arkados® is a registered trademark of Arkados Group, Inc. For more information about Arkados, please visit: http://www.arkadosgroup.com.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulations, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by this cautionary statement and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
CONTACT: Terrence DeFranco, firstname.lastname@example.org
SOURCE Arkados, Inc.