ATLANTA, Aug. 4, 2011 /PRNewswire/ -- Numerex Corp (NASDAQ: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services today announced a new partner program allowing hardware and original equipment manufacturers (OEMs) the ability to effectively reduce the prices of their smart devices, modules, and modems by embedding Numerex network technology through a credit-based program.
The Rebate Program gives participating OEMs the ability to generate savings for their customers with a pass-through credit offered by Numerex when sold in conjunction with Numerex network services. OEM customers activating their devices on the Numerex wireless network will immediately receive a one-time activation credit, effectively reducing their module or modem cost.
Numerex partners with global M2M hardware, network and application leaders to offer comprehensive solutions that integrate efficient wirelessly-connected tracking and monitoring applications. Numerex's engineering and development teams combine various mission-critical services such as hardware and network certification, application development, hosting, distribution, fulfillment and on-going business management support in order to simplify and optimize its customers' current business practices.
"As Numerex develops an increasing number of integrated relationships with its strategic partners, it makes sense to accompany this effort with incentives which benefit both the supply chain and the end user," said Michael Marett, Chief Operating Officer of Numerex. "By putting in place a framework where the whole is greater than the sum of the parts, we believe we create an appealing value proposition for our partners and their customers."
The program is currently being offered to all Numerex OEM hardware partners and will be supported by a growing set of promotional initiatives.
Numerex 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