ATLANTA, March 19, 2015 (GLOBE NEWSWIRE) -- Numerex Corp (Nasdaq:NMRX), a leading provider of interactive machine-to-machine (M2M) solutions enabling the Internet of Things (IoT), today unveiled a new, economical, unlimited satellite-based solution for tracking critical and high-value assets, dispersed to virtually any location worldwide, with a reporting frequency of as little as every five minutes.
The new offer combines the company's comprehensive SmartGuide™ application, with its SX1 sensor serial-port enabled tracking device, and a 32-satellite network to offer unprecedented global coverage with fixed monthly fees starting as low as $59.99 per month. The solution also allows for configuration with other off the shelf, non-Numerex branded devices, if desired. Built specifically for near real-time tracking, SmartGuide is a feature-rich service that communicates easy-to-understand location and status data through high-volume messaging.
The Numerex satellite data network utilizes 32 Low Earth Orbiting (LEO) satellites providing reliable, low-latency messaging services supported by more than 120 countries and many global maritime associations. The SX1 device meets or exceeds the latest environmental standards as well as carrying the exacting HERO certification (Hazards of Electromagnetic Radiation to Ordnance).
The Numerex's end-to-end solution including device, network and application - Numerex DNA®, - allows companies to scale up quickly to deploy and immediately to begin tracking vital assets such as vehicles, commercial equipment, containers or virtually anything of high value used in the maritime, oil and gas, forestry and other industries.
"This new pre-packaged service offers customers everything they need to immediately track and monitor vital assets around the clock and around the world," said Scott Wiley, SVP of Marketing and Product Management, Numerex. "Providing GPS visibility, event monitoring, and remote asset data for high-value assets on a near-real time basis is critical to many of our customers operating in globally-dispersed areas. This service is designed to ensure they can identify, locate, monitor performance, and diagnose their critical assets—all for a low-cost fixed monthly subscription fee."
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's solutions produce new revenue streams or create operating efficiencies for its customers. Numerex 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 smart Devices, Network connectivity and services, and software Applications capable of addressing the needs of a wide spectrum of vertical markets and industrial customers. The Company also provides pre-engineered, pre-configured solutions designed to accelerate deployment and business services to enable the development of efficient, reliable, and secure solutions. 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.
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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CONTACT: Numerex IR Contact: Seth Potter 646-277-1230 Media Contact: Mike Kilroy Valerie Christopherson 949-608-0276 email@example.com