ATLANTA, Sept. 21, 2015 (GLOBE NEWSWIRE) -- Numerex Corp (NASDAQ:NMRX) announced today that Kelly Gay, President of Security Solutions, and Yoganand Rajala, Vice President of Product Development, have been honored as Top Entrepreneurs of 2015 by The Indus Entrepreneurs (TiE) Atlanta.
Honorees were selected by TiE Atlanta and program partner Warren Averett LLC from a competitive group of nominations based on their entrepreneurial spirit, as well as the company's profitability, growth and sustainability.
"We are thrilled that our two executive team members received this prestigious award for business leadership," said Marc Zionts, CEO, Numerex. "Kelly and Yogi are both successful entrepreneurs because of their passion for doing great things in business, with a willingness to make the most of any and all challenges and opportunities that come their way."
Rajala previously served as co-founder and CTO of Omnilink, a successful offender monitoring technology firm while Gay previously served as CEO of Omnilink. Both executives were instrumental in the company's acquisition by Numerex in 2014.
Gay now leads the Security Solutions business for Numerex expanding the company's position in the fast-growing security and safety, tracking and monitoring market segments. She has held previous executive positions with IBM and KnowledgeStorm.
Rajala is named as the inventor in over a dozen patents in the field of offender monitoring technology. He is knowledgeable in several related technologies as well, including IoT, machine learning, mobile technologies, automation and big data. Rajala previously held executive positions at Sprint, BellSouth, and Siemens.
The TiE Atlanta Top Entrepreneurs were honored with a special awards ceremony on Sept. 12 during TiECON Southeast, the regional, annual entrepreneur conference sponsored by TiE Atlanta. The conference brings over 500 private company executives, entrepreneurs, investors, industry experts and educators from across Atlanta and the Southeast.
About TiE Atlanta
TiE Atlanta is a nonprofit venture devoted to entrepreneurs in all industries, at all stages, from incubation, throughout the entrepreneurial lifecycle. With a global reach and a local focus, the heart of TiE Atlanta's efforts lies in its five foundational programs, or "Pillars," each of which offers entrepreneurs at every phase of development exactly what is most needed at that stage. Entrepreneurs may begin their TiE experience at any stage and will be "met where they are." Throughout this virtuous cycle of the entrepreneur, those at the earliest stages benefit from mentoring and guidance offered by those in the later stages, ideally growing to a point where they are able to give back in turn. With an intense focus on mentoring, TiE Atlanta's explicit aim is to mentor at least 75 entrepreneur-led companies each year. TiE Atlanta's ultimate goal is to foster entrepreneurs and entrepreneurship, creating wealth for both the entrepreneur and the communities in which they thrive.
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 integrated highly-scalable industrial IoT platforms. 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 that are designed to accelerate deployment. Also, business and professional services are available to assist in the development and commercialization of customized 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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