ATLANTA, July 23, 2014 (GLOBE NEWSWIRE) -- Numerex (Nasdaq:NMRX) a leading provider of on-demand and interactive machine-to-machine (M2M) solutions enabling the Internet of Things (IoT), announced today that Numerex FAST® received a 2014 "Asset Tracking Award" from M2M Evolution Magazine, the leading publication covering the M2M industry.
In today's business environment, customers require visibility and real-time access to information, rapid solutions deployment, and the ability to manage networks, devices and applications from a single source. The Numerex FAST, M2M service delivery platform was designed with that goal in mind.
Operating in a cloud-based environment, Numerex FAST allows the ability to deliver value-added services with speed and ease. Numerex FAST provides a wide range of capabilities such as application frameworks; a self-care portal for device and subscriber; data management and warehousing; managed services; policy and performance management; connectivity management and network management. The platform provides scalability and flexibility with service delivery options that can be accessed independently or as a fully integrated solution without costly development and coding.
"Whether customers desire to exploit a new revenue opportunity, or to gain visibility into existing operations to reduce costs; the FAST platform can be utilized with minimal delay. Our recent deployments of FAST include solutions in the Home Security and Automation, Supply Chain, Oil & Tank Monitoring, and Vehicle Tracking industries. This wide range of solutions utilizing FAST underscores the platform's versatility and scalability. We are delighted that our FAST platform has been recognized by M2M Evolution magazine for excellence in innovation," stated Scott Wiley, Senior Vice President, Marketing and Product Management.
"It is my pleasure to recognize Numerex with an M2M Evolution 'Asset Tracking Award' for its excellence in innovation utilizing M2M technologies to increase efficiencies, reduce theft, and optimize utilization assets," said Carl Ford, CEO & Community Developer, Crossfire Media. "Numerex is a leader in this rapidly evolving industry and I look forward to their future successes."
Numerex FAST and other award winners will be featured in the third quarter edition of M2M Evolution Magazine.
About TMC
TMC is a global, integrated media company that supports clients' goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, M2M Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries, and is read by as many as 1.5 million unique visitors monthly.
About Numerex
Numerex Corp. (Nasdaq:NMRX) is a leading provider of interactive and on-demand machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT). The Company provides its technology and services through its integrated M2M horizontal platforms which are generally sold on a subscription basis. The Company offers Numerex DNA® that may include hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex FAST® (Foundation Application Software Technology). The Company also provides business services to enable the development of efficient, reliable, and secure solutions while accelerating deployment. Numerex is ISO 27001 information security-certified, highlighting the Company's focus on M2M data security, service reliability and around-the-clock support of its customers' M2M solutions. For additional information, please visit www.numerex.com.
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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 statement.