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Numerex Named as One of the Top Game-Changing Companies in Connected Devices and M2M

Company recognized as a Machine-to-Machine leader by Connected World Magazine


News provided by

Numerex Corp

Oct 12, 2010, 07:57 ET

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ATLANTA, Oct. 12 /PRNewswire/ -- Numerex Corp (Nasdaq: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, today announced that the company was named one of the "CW 100" by Connected World magazine. With its inclusion in the prestigious international list, Numerex continues to be recognized as one of the companies with the greatest impact on the growing M2M market.

"Right now, we are witnessing a marked evolution of the connected devices marketplace, and M2M leaders such as Numerex are ahead of the proverbial curve by offering advanced products and services that anticipate the growing range of customer needs and requirements," said Peggy Smedley, editorial director, Connected World. "The endless demand that we are currently seeing for connected devices, across multiple verticals, has a significant effect on the level of competition we will see in the marketplace. In order to stay competitive, companies must display considerable innovation, strength, and staying-power, traits you can find throughout the CW 100."

Numerex is one of the most established full service machine-to-machine (M2M) service providers in the U.S., and the first in North America to be ISO 27001 certified for information security.  It enables its customers, through one single point of contact and an easy-to-use process, to deploy rapidly and securely fully scalable M2M solutions to any market around the world. Numerex operates in the business-to-business market; its customers are dealers, distributors and other businesses that serve the end-user market.

"We are grateful to Connected World for highlighting Numerex's achievements and honored to be part of an elite group that is shaping the M2M industry," said Stratton Nicolaides, CEO and chairman of Numerex. "This distinction underscores our market leadership, and upholds the strategic choices we have made over the years. It is also a tribute to our partners with whom we constantly strive to deliver the best support to our customers."

Companies appearing on the CW 100 are chosen from a selection of hundreds of firms, both private and publicly traded. The criteria for the listing include sales and earnings growth, contribution to the connected devices space, and innovation in multiple markets served during the past 12 months. Companies must also have more than $10 million in annual revenue and have good standing in the marketplace. The CW 100 list can be found in the November issue of Connected World.

About Connected World Magazine

Connected World magazine is the advisor to upwardly mobile professionals and today's technology-conscious consumers. As the authorial voice that covers everything a reader needs to know when it comes to innovation, the chief objective of Connected World is to be informative, yet fun, for the aspired, driven, and the influential. www.connectedworldmag.com

About Numerex

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 through streamlined business processes and comprehensive integration services. 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 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.

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

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