ATLANTA, Jan. 14 /PRNewswire-FirstCall/ -- Numerex Corp. (Nasdaq: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, today announced an agreement with Vodafone Ltd., the world's leading international mobile telecommunications group. The agreement provides Numerex with access to Vodafone's extensive data networks, which will be offered to its customers as part of Numerex DNA™ (Device, Network and Application) and the Numerex FAST™ platform along with an array of other M2M products and services.
Numerex will use Vodafone's pervasive cellular footprint to assist M2M companies in bringing their innovative wireless solutions to market. Numerex's customers are dealers, distributors and other businesses which serve the end-user market. Numerex is a leader in the M2M industry in North America, where it was the first M2M service provider to obtain the ISO 27001 certification, the rigorous and only auditable international standard for Information Security Management Systems.
Numerex will simplify the development and implementation of M2M applications by providing a complete solution infrastructure, including hardware integration and certification support; application development hosting and maintenance; and back-end support services such as billing, 24/7 customer care, web-based management tools and training and distribution services.
"We are excited about the prospect of launching our M2M services in the United Kingdom, in collaboration with one of the world's leading wireless carriers," said Stratton Nicolaides, CEO and chairman of Numerex. "Vodafone's experience, know-how, and intimate knowledge of the M2M marketplace will help us to solidify and expand our presence in the UK and elsewhere in Europe."
Numerex's goal is to offer an integrated, single point of contact that enables developers to rapidly and cost-effectively deploy applications to their own customers over a secure data network. As one of the pioneers in the M2M industry, Numerex can take advantage of its experience and broad-based expertise for the benefit of its customers.
Vodafone Group, with global seamless connection and physical operations around the world, brings a wide range of demonstrated capabilities to support Numerex's strategic goals in the growing M2M markets.
About Vodafone Group
Vodafone is the world's leading international mobile communications group with approximately 315 million proportionate customers as of 30 June 2009. Vodafone currently has equity interests in 31 countries across five continents and around 40 partner networks worldwide. For more information, please visit www.vodafone.com.
About Numerex Corp
Numerex Corp. (Nasdaq: NMRX) is the single source machine-to-machine (M2M) product and service provider to some of the world's largest organizations delivering the foundational components of device, network, and application, used by its customers in the development of their M2M solutions. Customers typically subscribe to Numerex network and application services that are delivered through its hosted platforms. The Company's offerings and expertise enable its customers to efficiently build reliable and secure solutions that are used to monitor and manage assets remotely whenever and wherever needed, while simplifying and speeding up development and deployment. Numerex DNA™ offerings include hardware Devices, Network services, and software Applications that are delivered through its Numerex FAST™ (Foundation Application Software Technology) platform. Numerex is the first M2M service provider in North America to carry the ISO 27001 information security certification. "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.
Statements contained in this press release concerning Numerex 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. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements.
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