×

Numerex Acquisition of Omnilink Lauded by Acquisition International Magazine

LAS VEGAS, Sept. 10, 2014 (GLOBE NEWSWIRE) -- CTIA Super Mobility Week, Sands Expo and Convention Center, Booth 3026 – Numerex (NASDAQ:NMRX), a leading provider of on-demand and interactive machine-to-machine (M2M) enterprise solutions enabling the Internet of Things, announced today that the company is featured in the current issue of Acquisition International. The magazine, touted as "The Voice of Corporate Finance," is published by AI Global Media Ltd. The article, entitled "Numerex Acquires Omnilink®," discusses last April's definitive agreement by Numerex to acquire Omnilink, an Atlanta-based leading provider of offender electronic monitoring, asset tracking, personal tracking and lone worker safety solutions.

Louis Fienberg, Executive Vice President, Corporate Development at Numerex, discussed with editors how the Omnilink acquisition will continue to create significant growth opportunities for Numerex. Fienberg stated, "In M2M, a key challenge is to bring together all of the elements of the value chain in one approach. Numerex distinguishes itself from the competition by delivering comprehensive, robust and complete end-to-end M2M solutions."

Feinberg notes that the acquisition positions Omnilink as a Numerex-branded solution, which brings greater presence in personal emergency and response system (PERS), as well as the judicial and offending monitoring markets to Numerex. Additionally, Numerex plans to develop a portfolio of highly complementary security, tracking and monitoring solutions to bring to market through retail and commercial channels as well as through mobile operators and distribution partners that currently sell Omnilink products.

A copy of the article can also be accessed at Acquisition International's Deal of the Month.

About Acquisition International

Acquisition International is a monthly magazine brought to you by AI Global Media Ltd, a publishing house that has reinvigorated corporate finance news and reporting. As an editorially driven magazine, its topical news articles make it a highly enjoyable read, and this readability ensures that advertisers will benefit greatly from their investment. AI works alongside leading industry analysts to ensure we publish the most up to date figures and analysis. Through our regular features and our regional, sector and specialist reviews, we thoroughly research and publish today's corporate finance news in cooperation with the leading professionals in the industry.

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® solutions including hardware and smart Devices, cellular and satellite Network services, and software Applications utilizing Numerex solution 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.

© 2014 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.

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.

CONTACT: Media Contact: Carrie Crabill 404-214-0722 ext. 102 Numerex IR Contact: Seth Potter 646-277-1230

Source:Numerex Corp