ATLANTA, June 13, 2012 /PRNewswire/ -- Numerex Corp (NASDAQ: NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, announced today they are laying the groundwork for a key strategic initiative with Transatel, a leading European Mobile Virtual Network Enabler (MVNE) and European M2M Connectivity Enabler.
Under the agreement, Numerex and Transatel contemplate delivering a unique set of M2M product and service capabilities in Europe. The European M2M market is developing at a rapid pace, and the combination of Numerex FAST® horizontal M2M application platform, vertical M2M applications and M2M integration support services is an ideal complement to Transatel's managed M2M connectivity service.
Transatel provides a cloud-based connectivity management solution, addressing the challenges raised by M2M services by supporting capabilities such as an increased flexibility in tariffs definitions, fleet-oriented subscription management and advanced reports to monitor usage and KPI. "Our customers have been clamoring for M2M solutions, and this partnership is about delivering secure, reliable solutions that drive Return on Investment. Numerex's depth of experience combined with the best M2M platform in the industry make them the ideal partner to enable Transatel's success in this rapidly growing market," said Jacques Bonifay, CEO of Transatel.
Numerex can manage the entire M2M solution building process, from conceptualization to commercialization, including application development, integration and implementation, allowing customers to focus on their core business. In addition to its robust M2M horizontal platform, Numerex provides end-to-end customer and technical support such as flow-through account management, 24/7 call-center support, and dedicated project launch resources to ensure smooth deployments and overall reliability.
"The collaboration with Transatel has the promise of facilitating the rapid and effective delivery of market-leading M2M solutions serving the needs of mobile operators, MVNOs and enterprises across a range of industry verticals," said Jeff Newman, Senior Vice President of Business Development at Numerex. "It will leverage the first European MVNE multi-country connectivity capabilities and innovative technology."
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.
Transatel is a European company founded in August 2000 with headquarters in Paris France and operations in France, United Kingdom, Belgium, Switzerland, Luxembourg and The Netherlands. Transatel is a leading actor in the MVNO (Mobile Virtual Network Operator) space and the M2M (Machine-to-Machine) space as Enabler (MVNE), Aggregator (MVNA) and Operator (MVNO). Transatel offers turnkey solutions to Mobile Operator and companies wishing to launch an MVNO service and/or support innovative and flexible M2M services. As MVNE, Transatel is already connected to 8 major mobile operators in Europe (Bouygues Telecom and Orange in France, Orange in Switzerland, Everything Everywhere in the UK, Base and Mobistar in Belgium, Telfort in the Netherlands and Tango in Luxembourg). For more information, please visit www.transatel.com, www.transatel-solutions.com and www.transatel-m2m.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 Corp. Contact:
Investor Relations Contact:
SOURCE Numerex Corp
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here