KORE Enabled IoT Technology Powers Drones to Deliver Critical Medical Assets

ATLANTA and BARCELONA, Spain, June 28, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") solutions and worldwide Connectivity-as-a-Service ("CaaS"), will showcase the innovative enablement of IoT connectivity that is making it possible for Australian drone-powered logistics company Swoop Aero to transport COVID-19 vaccines into isolated areas of the world. KORE representatives will be attending Mobile World Congress and showcasing the solution during a private presentation with the King of Spain and his senior dignitaries. Additionally, a public presentation on the innovation will take place at Mobile World Congress Barcelona on Tuesday, June 29, at 9 a.m. CET.

Swoop Aero's air logistics solution enables the reliable transport of medical commodities, including early pathology samples, diagnosis kits, antiretroviral therapy medication and vitamins across Malawi, the Democratic Republic of Congo, Mozambique as well as Australia, the United Kingdom and the Pacific. This effort supports the respective Ministries of Health in delivering medical supplies to hard-to-reach areas.

"We're living in the most technologically advanced society of all time," said KORE President and CEO Romil Bahl. "I'm grateful every day that the IoT connectivity and solutions we provide are being used so that people in the remotest parts of the world are not forgotten or overlooked. Medical caregivers rely heavily on Swoop Aero's ability to consistently transport the medicine that doctors and nurses need to care for citizens living in remote locations. Failure is not an option."

Drone technology, paired with robust connectivity solutions, is leveling the playing field for people who live in remote and rural regions of the world. Using medical drone logistics within the existing health supply chain enables better access to essential medical commodities with reduced human interaction. This is a primary reason why the use of drones within the health supply chain has exponentially increased in the wake of the pandemic and, as the world begins to reopen, represents the "new normal."

Critical to the success of this novel endeavor are the satellite and cellular redundancy and failover systems KORE provides to ensure fleets of drones are consistently operational.

"The ability to communicate reliably anywhere in the world, anytime, allows Swoop Aero to deploy a reliable, sustainable and scalable drone logistics network bridging the last mile and enabling equitable health access to anyone anywhere," said Swoop Aero CEO Eric Peck.

Mobile World Congress:
KORE is attending Mobile World Congress Barcelona highlighting its future-proof, multicarrier global connectivity offerings used by clients such as Swoop Aero and will have a 1:10 scale Swoop Aero drone model at the event. To learn more about the collaboration between KORE and Swoop Aero, check out the session titled: "Stepping Into A New IoT Generation: Sophistication In Strategy, Management, and Forward Thinking" presented by KORE on Tuesday, July 29 at 9:30 am CET at MWC Barcelona, Conference Theatre – Hall 3.

Additional Resources:
View the new Swoop Aero case study.
Watch the latest Fox 5 News clip of the story.

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission-critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes. For more information, visit korewireless.com.

About Swoop Aero
Swoop Aero is an Australian drone-powered logistics company, founded to transform the way the world moves essential supplies. Swoop Aero is an impact-driven organisation bringing healthcare logistics into the 21st century by deploying bi-directional drone networks. The company is trusted to create value by sustainably transforming health supply chains to improve health outcomes in every community and country in which they operate. Since its founding in 2017, Swoop Aero has worked with some of the largest organisations in global health across three continents, including UNICEF, the Gates Foundation, UKAID, USAID and Gavi, the Vaccine Alliance. Swoop Aero's forward-thinking approach to health and successful operations in three continents have led them to be recognised globally as one of the leading players in the med-tech industry. Learn more swoop.aero.

Contacts

KORE

Media:
Jean Creech Avent
Vice President, Investor Relations and Public Relations
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+1-843-986-8229

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Investors:
Matt Glover and Cody Slach
Gateway Group, Inc.
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Forward-Looking Statements
This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations. These statements are based on various assumptions and on the current expectations of CTAC or KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of CTAC and/or KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; changes in the assumptions underlying KORE's expectations regarding its future business; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE and CTAC anticipate that subsequent events and developments will cause these assessments to change. However, while KORE and/or CTAC may elect to update these forward-looking statements at some point in the future, each of KORE and CTAC specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

SOURCE KORE Wireless