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Elecsys Corporation Reports Third Quarter Financial Results
Monday, 12 March 2012
Olathe, Kansas, USA, 12 March 2012 - Elecsys Corporation, a provider of innovative data acquisition systems, machine to machine (M2M) communication technology solutions, and custom electronic equipment for critical industrial applications worldwide, today announced the financial results for its third fiscal quarter ended January 31, 2012.
Read more: Elecsys Corporation Reports Third Quarter Financial Results
Numerex Reports Second Quarter 2011 Financial Results
Thursday, 28 July 2011
ATLANTA, July 28, 2011 Numerex Corp, a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced financial results for its second quarter ended June 30, 2011.
"Numerex continued with a solid performance in the second quarter, ending the first half of the year well positioned to benefit from the launch of a number of new product lines and the initiation of key client projects," stated Stratton Nicolaides, chairperson and CEO of Numerex. "Our transition to a service model over the past few quarters and our dedicated focus on client services and turnkey solutions has yielded favorable results. We believe that the Company's services opportunity and sales funnels remain robust with a number of diversified M2M projects, specifically several broadband, medical device, and energy services companies."
The Company's Financial Highlights include:
Read more: Numerex Reports Second Quarter 2011 Financial Results
Numerex Schedules Second Quarter 2011 Financial Results Conference Call
Wednesday, 20 July 2011
ATLANTA, July 20, 2011 - Numerex Corp invites all interested parties to participate in a conference call led by Stratton Nicolaides, Chairman and CEO and Alan Catherall, CFO on Thursday, July 28, 2011 at 9:00 A.M. Eastern time to discuss the second quarter 2011 financial results.
Read more: Numerex Schedules Second Quarter 2011 Financial Results Conference Call
LogMeIn Acquires Pachube
Tuesday, 19 July 2011
LONDON AND WOBURN, Mass., July 19, 2011- LogMeIn, Inc., a leading provider of cloud-based connectivity solutions, today announced that it has completed the acquisition of the Pachube service and substantially all other assets of Connected Environments Ltd. Pachube (pronounced "Patch Bay") is a web-based service for connecting people and devices to the Internet of Things — a network of sensor-enabled devices publishing and sharing data that some predict will exceed 50 billion devices worldwide by the next decade1. This acquisition furthers LogMeIn's investment in highly scalable connectivity and data sharing platforms, and extends its reach beyond computers, smartphones and tablets to potentially all Internet-connectable devices.
Telit Communications Acquires Global Connect Ltd
Monday, 11 July 2011
Telit Communications PLC, a global leader in machine-to-machine ("m2m") communications, is pleased to announce that it has completed the acquisition of GlobalConect Ltd, a company which provides cellular connectivity services to customers of m2m applications and solutions.
The acquisition of GlobalConect will allow Telit to offer its customers wireless connectivity. Telit’s management believe that this will become a significant building block of its services business and further improve Telit’s customer proposition as it offers connectivity to its m2m solutions. Dan Amir, CEO and founder of GlobalConect, is joining Telit to lead the Company's connectivity activities.
Novatel Wireless Selected By Consert Inc. as Module Partner for Smart Energy Grid Solution
Monday, 11 July 2011
SAN DIEGO, 11 July, 2011 - Novatel Wireless, Inc., a leading provider of wireless broadband solutions, and Consert Inc., an intelligent load management technology company, today announced that a master purchase agreement has been signed between the two companies. Novatel Wireless will provide standards based 3G embedded modules and engineering services to be integrated into the Consert Virtual Peak Plant(SM) (VPP) Solution which is designed to create a more reliable electric grid by offering real-time, integrated load management through the pairing of utility and consumer offerings. Consert has partnered with Novatel Wireless to optimize its program offerings as the energy sector moves quickly towards the adaption of network communications standards.
Numerex Builds UK Presence Via Arkessa to Tap European M2M Market Growth
Monday, 16 May 2011
Cambridge UK, 16 May 2011 - Remote connectivity firm Arkessa has announced a new partnership with Numerex Corp., the USA’s leading supplier of machine-to-machine (M2M) products and services.Arkessa, headquartered in Cambridge, England, is an established presence in the M2M market in the United Kingdom and provides European systems integrators and major corporate users with wide area wireless internet connections and services that enable remote information and management for a multitude of users.
Read more: Numerex Builds UK Presence Via Arkessa to Tap European M2M Market Growth
Sierra Wireless Reports First Quarter 2011 Results
Wednesday, 04 May 2011
Vancouver, BC, Canada, 4 May 2011 – Sierra Wireless, today reported first quarter 2011 results. Results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP).
Highlights
- Revenue in the first quarter 2011 down 5% to $144.3 million, in-line with guidance
- Mobile Computing well positioned in 4G to drive growth in second half
- M2M represented 50% of sales in the first quarter of 2011 and core M2M revenue grew 16% year-over-year, excluding Barnes & Noble
Read more: Sierra Wireless Reports First Quarter 2011 Results
Numerex Reports First Quarter 2011 Financial Results
Thursday, 28 April 2011
28 April 2011 - Numerex Corp, a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced financial results for its first quarter ended March 31, 2011.
Total M2M Revenues were up 6.3% to $13.5m. M2M Service Revenues increassed 13.9% to $9m and new subscriptions increased 32.5% to 1.22m.
Read more: Numerex Reports First Quarter 2011 Financial Results
Numerex Announces $10 Million Credit Facility and $30 Million Shelf Registration
Wednesday, 27 April 2011
April 26, 2011- Numerex Corp, a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced that it has increased its revolving credit facility with Silicon Valley Bank to $10 million and, in a separate transaction executed on the same day, the filing of a $30 million universal shelf registration statement.
Read more: Numerex Announces $10 Million Credit Facility and $30 Million Shelf Registration
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