ATLANTA, May 03, 2016 (GLOBE NEWSWIRE) -- Numerex Corp (NASDAQ:NMRX), a leading provider of managed machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT), today announced that it has been named a “Cool Vendor” based on the April 30, 2016 report titled, “Cool Vendors in the IoT 2016”. The report evaluates interesting, new and innovative vendors, products and services in the IoT market. Numerex offers unique IoT solutions in several vertical markets, including healthcare and medical devices, oil and gas distribution, security, public safety, waste management, manufacturing, and transportation.
An example of one of Numerex’s “cool” solutions is iManage™, a supply chain optimization and high value asset tracking solution that gives companies visibility into the location and movements of bins, crates and containers, saving time and money while improving ROI. Another example is mySHIELD™, a wearable people tracking solution designed to enhance the safety of lone workers, the elderly, and other at risk groups in a variety of industries who are likely to find themselves in potentially hazardous situations, thereby reducing a company's liability and helping them keep individuals in their care safe and secure. mySHIELD™ tracks and monitors the movements and whereabouts of people wirelessly, giving them instant access to a live operator via a one push panic button.
Marc Zionts, Chief Executive Officer of Numerex, commented on being named a Cool Vendor. “Numerex is honored to be named as one of the Cool Vendors in IoT for 2016. Our customer centric approach to IoT solutions combined with our broad product portfolio and robust platform are areas that we are very proud of. We believe being included in this report only validates that our business model of delivering managed solutions with IoT as-a-service is a key differentiator for Numerex, and that this approach is now being noticed by the market.”
The Cool Vendor Report profiles vendors whose business outcomes, integration and selection of the right technologies are at the top of key Internet of Things challenges enterprises experience around the deployment of IoT solutions. Cool Vendors are ones that are typically leading the way with innovative IoT solutions for CIOs and senior business leaders.
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About Numerex
Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating efficiencies for its customers. Numerex provides its technology and services through its integrated platforms, which are generally sold on a subscription basis. The Company offers a portfolio of managed end-to-end IoT solutions including smart devices, network connectivity and service applications capable of addressing the needs of a wide spectrum of vertical markets and industrial customers. The Company's mission is to empower enterprise operations with world-class, managed IoT solutions that are simple, innovative, scalable, and secure. Numerex is ISO 27001 information security-certified, highlighting the Company's focus on data security, service reliability and around-the-clock support of its customers. 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 statement.
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