ATLANTA, May 26, 2015 (GLOBE NEWSWIRE) -- Numerex Corp (Nasdaq:NMRX), a leading provider of interactive machine-to-machine (M2M) solutions enabling the industrial Internet of Things (iIoT), today announced the availability of the nxFAST™ iIoT platform, useful for building and deploying secure, flexible, and scalable iIoT solutions for enterprise-class industrial and commercial markets.
Most iIoT projects are well-suited for a single-source platform or 'Solutions-as-a-Service' approach since a large portion of the development does not vary across applications. When a solution is built on the Numerex nxFAST iIoT platform, the customization required to meet a customer's specific needs is minimized and thereby paves the way for rapid deployment, saving time and money.
"The industrial marketplace is ripe with opportunities to create efficiencies and new revenue streams for customers," said Stratton Nicolaides, CEO and chairman of Numerex. "Our IoT solutions approach, building upon a scalable, secure, and ubiquitous platform and coupled with years of creating value for our customers, is unique. We are currently collaborating on the development of multiple solutions for several industry leaders who chose Numerex because of our 'one-stop-shop' approach to IoT."
The nxFAST iIoT platform includes as building blocks multiple capabilities, devices, and services provided by Numerex that are already in place, and several that will be launching in the near future. They include:
- nxDIRECTOR™ – a ruggedized, cloud-ready, industrial cellular router/gateway that provides intelligent routing and processing at the edge of the network to enable advanced M2M applications;
- nxLOCATE™ – a 'smart device' that provides trouble-free monitoring of fixed and mobile assets, incorporates FOTA (firmware over the air) capabilities for remote configuration, and can report information over a cellular network twice a day, for up to four years before requiring new, commonly available, AA lithium batteries;
- nxLINK™ - a compact, battery-operated 'smart device' that can connect with sensors and wirelessly transmit data to a local point for transport either via satellite or cellular network connection for collection, processing, analysis, or input into an application.
- nxCLOUDCONNECT™ - a service that removes data 'choke-points' and ensures that data from up to 100,000+ devices is aggregated and translated in a common format through a single, seamless, and secure connection using a standard interface.
"With the nxFAST iIoT platform, Numerex brings its vast IoT and M2M expertise to bear for the benefit of enterprise industrial and commercial businesses. The nxFAST iIoT platform components make it quick and simple for Numerex to deploy an end-to-end iIoT solution that addresses the customer's evolving needs," said Jeff Smith, Chief Innovation & Technology Officer for Numerex. "Our technology and services have enhanced many industries for years. Using a platform approach, we are enabling wide-spread deployment of IoT solutions to the factory floor, in the warehouse, at the register, and far beyond in a simple, quick, secure manner, using a host of proven components."
The nxFAST iIoT platform is the latest addition to Numerex solution set. With deep competencies in all three components of M2M solutions – NumerexDNA®, Numerex remains uniquely positioned in the marketplace to deliver enterprise-class solutions to industrial and commercial customers eager to create enhanced value through iIoT deployments. Also, Numerex facilitates several service delivery options including: Network-as-a-Service (NaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS) offerings. Whether customers' need an end-to-end solution or assistance with a portion of an iIoT deployment, Numerex can meet their particular needs. Whether a customer's focus is manufacturing, materials, chemical processing, or in nearly any other industrial or commercial area of business, a solution built using the nxFAST iIoT platform quickly yields new insights by accessing Smart Data, allowing the user to make significantly better decisions and positively impacting profitability.
Numerex Corp. (Nasdaq:NMRX) is a leading provider of interactive and on-demand machine-to-machine (M2M) products and technology enabling the Internet of Things (IoT). The Company's cloud-based solutions deliver actionable and secure Smart Data to its customers that produce new revenue streams and create operating efficiencies designed to improve profitability. Technology and services are delivered through an integrated highly-scalable industrial IoT platform branded "nxFAST™" or an IoT security and wearables platform branded "FocalPoint®". The Company's services and solutions are typically sold on a subscription basis. Smart Devices, Network connectivity and services, and software Applications, branded Numerex DNA®, are available as components or bundled and offered as pre-engineered, pre-configured solutions designed to accelerate deployment. Business and professional services also are available to enable the development of efficient, reliable, and secure solutions. 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' 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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