ATLANTA, Dec. 2, 2015 (GLOBE NEWSWIRE) -- Numerex Corp (NASDAQ:NMRX), a leading provider of managed machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT), announced today that it will continue to support IoT customers with 2G network connectivity through 2020 via the T-Mobile US, Inc. (NYSE: TMUS) network. Since so many IoT devices are still operating on 2G networks, this decision offers current 2G customers longevity of their existing deployed assets, while still giving them time to plan for LTE migration in the future. Viewed as a potential device saving solution, this extension provides a pathway to upgrade to LTE directly from 2G, bypassing 3G altogether and possibly saving millions of IoT devices from 'going dark' as a result of 2G turndowns on other networks.
"Providing an extended 2G timeline removes a step in the process by giving customers the opportunity to move right to LTE, bypassing a 3G upgrade altogether," said Marc Zionts, CEO, Numerex. "In addition, T-Mobile's 2G extension through 2020, with a glide-path to LTE, could help IoT enterprises realize huge savings in several ways - by allowing them to maintain their 2G devices, prevent device write offs and write downs, and avoid costly truck rolls to pull 2G devices from the field. There are still many thousands of IoT deployments across the country that rely on 2G network service who have not yet finalized their business plans for the eventual turndown, so extending the timeframe to do that is just what this segment of the market needs."
"Extending our 2G network through 2020 gives our IoT customers choice – a key tenant of the Un-carrier revolution. We are excited to provide our customers with a mobile network platform which supports a longer-term transition from 2G to LTE, helping future-proof tomorrow's IoT solutions," said Doug Chartier, senior vice president of MVNO, Partner Brands & National Accounts at T-Mobile. "Addressing this customer pain point and working with our M2M resellers to deliver a plan toward LTE solutions helps solve a critical problem for the entire M2M and IoT ecosystem."
The 2G to LTE pathway is supported by Numerex's nxFAST™ IoT horizontal platform. nxFAST is a cost effective, versatile, scalable solution that enables timely development and deployment of complete solutions including, in this case, 2G and LTE-enabled devices and applications that are tailor made for T-Mobile's network. Numerex, as a single source provider of IoT managed solutions, has the skill, experience, and expertise to help customers throughout all phases of the IoT lifecycle.
To learn more go to www.numerex.com/2Gpromo.
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 statements.
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