Numerex and TAMCO Form Alliance to Provide Innovative Financing Options

Apr 17, 2001, 01:00 ET from Numerex Corp.

    ATLANTA, April 17 /PRNewswire/ -- Numerex Corp. (Nasdaq:   NMRX) announced
 today that through its subsidiary, Broadband Networks, Inc. has entered into a
 strategic alliance with Telecommunications Asset Management Company (TAMCO),
 to provide financing solutions for its PowerPlay(TM) digital multimedia
 customers.
     TAMCO, a leading provider of financial services for communications
 providers, will offer financing for PowerPlay and other Numerex broadband
 networking equipment and interactive videoconferencing solutions.  In
 addition, this alliance will provide end users with benefits not available
 through traditional financing.
     "We are very pleased to announce our new alliance with TAMCO.  Our
 customers will benefit from TAMCO's services by allowing them to acquire
 equipment with limited capital investment while providing technology upgrade
 flexibility.  This added procurement option gives our digital multimedia
 products and services a competitive advantage in the marketplace," stated Mike
 Marett, head of Numerex's digital multimedia and networking group.
     "I'm excited about the future for both Numerex and TAMCO.  This strategic
 alliance allows PowerPlay customers to immediately capitalize on the value of
 videoconferencing solutions," said Greg Doby, TAMCO's Co-CEO.
     Recognized as America's 51st fastest growing private company by INC.
 Magazine, TAMCO is a leader in forward-thinking financial solutions.  TAMCO
 allows customer growth and protection in today's rapidly changing technology
 environment with their innovative, Technology Optimization Plan (TOP)(TM).
 TAMCO has offices in Mission Viejo, Calif., Kansas City, Kan., Pittsburgh,
 Pa., Chicago, Ill., Raleigh, N.C., Austin, Texas, and Houston, Texas, and is
 based in Clearwater, Fla.  Tampa Bay's Business Journal and Florida's Business
 Journal also recognized TAMCO as one of the state's top 100 fastest growing
 companies.  TAMCO began with just over $1,000,000 of annual revenue in 1994.
 Their 1999 revenue exceeded $50,000,000.  For more information on TAMCO,
 please visit TAMCO's Web site at: www.tamcocorp.com .
     Numerex is a technology company comprised of operating subsidiaries that
 develop and market a wide range of communications products and services.  The
 Company's primary focus is wireless data communications utilizing proprietary
 network technologies.  The Company offers products and services in wireless
 data communications through Cellemetry and Data1Source(TM), and digital
 multimedia through PowerPlay(TM) and IPContact(TM).  These services enable
 customers around the globe to monitor and move information for a variety of
 applications from home and business security to distance learning.  In
 addition, the Company offers wireline alarm security products and services, as
 well as telecommunications network operational support systems.
     PowerPlay(TM) is a digital multimedia solution for high bandwidth private
 network applications.  It is an integrated hardware-software system, which
 supports user-friendly control of all network devices including VCRs, cameras
 and switches.  It permits the scheduling and conduct of video conferencing via
 a desktop workstation, a roll-about cart or a configured classroom or business
 environment and is unique in respect to its capability to deliver full-motion
 video signals while using a relatively small amount of bandwidth.
     For more information on Numerex, please visit the web site at:
 www.nmrx.com .
     Statements contained in this press release that are not historical fact
 are "forward-looking" statements and involve important risks and
 uncertainties.  Such risks and uncertainties, which are detailed in Numerex's
 filings with the Securities and Exchange Commission, could cause Numerex's
 results to differ materially from current expectations as expressed in this
 press release.
 
 

SOURCE Numerex Corp.
    ATLANTA, April 17 /PRNewswire/ -- Numerex Corp. (Nasdaq:   NMRX) announced
 today that through its subsidiary, Broadband Networks, Inc. has entered into a
 strategic alliance with Telecommunications Asset Management Company (TAMCO),
 to provide financing solutions for its PowerPlay(TM) digital multimedia
 customers.
     TAMCO, a leading provider of financial services for communications
 providers, will offer financing for PowerPlay and other Numerex broadband
 networking equipment and interactive videoconferencing solutions.  In
 addition, this alliance will provide end users with benefits not available
 through traditional financing.
     "We are very pleased to announce our new alliance with TAMCO.  Our
 customers will benefit from TAMCO's services by allowing them to acquire
 equipment with limited capital investment while providing technology upgrade
 flexibility.  This added procurement option gives our digital multimedia
 products and services a competitive advantage in the marketplace," stated Mike
 Marett, head of Numerex's digital multimedia and networking group.
     "I'm excited about the future for both Numerex and TAMCO.  This strategic
 alliance allows PowerPlay customers to immediately capitalize on the value of
 videoconferencing solutions," said Greg Doby, TAMCO's Co-CEO.
     Recognized as America's 51st fastest growing private company by INC.
 Magazine, TAMCO is a leader in forward-thinking financial solutions.  TAMCO
 allows customer growth and protection in today's rapidly changing technology
 environment with their innovative, Technology Optimization Plan (TOP)(TM).
 TAMCO has offices in Mission Viejo, Calif., Kansas City, Kan., Pittsburgh,
 Pa., Chicago, Ill., Raleigh, N.C., Austin, Texas, and Houston, Texas, and is
 based in Clearwater, Fla.  Tampa Bay's Business Journal and Florida's Business
 Journal also recognized TAMCO as one of the state's top 100 fastest growing
 companies.  TAMCO began with just over $1,000,000 of annual revenue in 1994.
 Their 1999 revenue exceeded $50,000,000.  For more information on TAMCO,
 please visit TAMCO's Web site at: www.tamcocorp.com .
     Numerex is a technology company comprised of operating subsidiaries that
 develop and market a wide range of communications products and services.  The
 Company's primary focus is wireless data communications utilizing proprietary
 network technologies.  The Company offers products and services in wireless
 data communications through Cellemetry and Data1Source(TM), and digital
 multimedia through PowerPlay(TM) and IPContact(TM).  These services enable
 customers around the globe to monitor and move information for a variety of
 applications from home and business security to distance learning.  In
 addition, the Company offers wireline alarm security products and services, as
 well as telecommunications network operational support systems.
     PowerPlay(TM) is a digital multimedia solution for high bandwidth private
 network applications.  It is an integrated hardware-software system, which
 supports user-friendly control of all network devices including VCRs, cameras
 and switches.  It permits the scheduling and conduct of video conferencing via
 a desktop workstation, a roll-about cart or a configured classroom or business
 environment and is unique in respect to its capability to deliver full-motion
 video signals while using a relatively small amount of bandwidth.
     For more information on Numerex, please visit the web site at:
 www.nmrx.com .
     Statements contained in this press release that are not historical fact
 are "forward-looking" statements and involve important risks and
 uncertainties.  Such risks and uncertainties, which are detailed in Numerex's
 filings with the Securities and Exchange Commission, could cause Numerex's
 results to differ materially from current expectations as expressed in this
 press release.
 
 SOURCE  Numerex  Corp.