ATLANTA, June 28, 2012 /PRNewswire/ -- Numerex Corp (Nasdaq: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, announced it is a technology enabler on the Gold Value Chain Award-winning team, which was recognized during the annual Value Chain Awards Gala at the Connected World Conference sponsored by Connected World magazine on Tuesday, June 12. The Value Chain Awards honor the most successful corporate adopters of M2M technology and connected devices, as well as the solution providers that make their success possible.
MicroMed, through its partnership with Numerex, was the recipient of a gold award in the Healthcare category. MicroMed Cardiovascular chose to partner with Numerex to develop a custom cellular DNA (Device-Network-Application) solution for implementing remote monitoring into their Left Ventricular Assist Device (LVAD) Controller. MicroMed Cardiovascular enhanced their system design with Numerex's leading edge machine-to-machine (M2M) technology and developed a new cellular-enabled device called the "Conquest Controller." The device allows for continuous device telemetry reporting on a 24/7 basis utilizing Numerex connectivity and the Numerex FAST application platform. Because the new MicroMed solution no longer requires a patient to plug their Controller into an Attendant unit via a wired connection, patients have increased mobility and care-givers have much more timely insight into the performance of the LVAD device.
"We are very pleased and honored to have been distinguished by Connected World magazine along with our quality partners in the healthcare category this year," said Michael Marett, Chief Revenue Officer of Numerex. "As this award demonstrates, we remain focused on developing M2M solutions that are innovative and competitive."
This year's Connected World Conference was held June 11-13 at the Pheasant Run Resort in St. Charles, IL.
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About MicroMed Cardiovascular Inc. MicroMed is a pioneer in the field of Mechanical Circulatory Support. MicroMed makes a powerful, miniature, implantable electric LVAD or Left Ventricular Assist Device (the HeartAssist5®) that increases the cardiac output of a failing heart. The HeartAssist5® system is currently sold commercially outside of the United States and the wireless system is not yet approved for human use.
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® that includes hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex FAST® (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®" 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.
© 2012 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 Media Contact: Carrie Crabill, Trevelino/Keller 404-214-0722 ext 102
Investor Relations Contact: Seth Potter 646 277-1230
SOURCE Numerex Corp