Tri Cascade to Expand Global Footprint in NB-IoT Smart Neighborhood Technology with u-blox Collaboration

NEWPORT BEACH, Calif., May 01, 2018 -- Tri Cascade, Inc., a subsidiary of SkyFidelity, Inc. (SRMX) and an Internet of Things (IoT) technology company, has today announced a new collaboration with u‑blox (SIX:UBXN), a global provider of leading positioning and wireless communication technologies. Utilizing the broad portfolio of u-blox 4G products, including Narrowband (NB-IoT) and LTE Cat M1 modules, Tri Cascade will deliver next generation energy efficient smart neighborhood products and solutions to global customers.

“u-blox is at the forefront of NB-IoT and LTE Cat M1 technology development and delivery, making them the perfect partner to help bring Tri Cascade’s groundbreaking smart neighborhood products to market,” said Max Li, president and CEO of Tri Cascade. “As an industry leader in 4G and Narrowband communications solutions, u-blox has the resources to work closely with Tri Cascade for product development. The technical connections and certifications u-blox has achieved with local telecommunications providers in international markets should allow Tri Cascade to bring groundbreaking IoT smart neighborhood products and technology to regions across the globe.”

With the integration of u-blox’s latest NB-IoT modules into their products, Tri Cascade will take a significant step toward the company’s vision of developing the smart neighborhood through energy efficient low-power solutions.   

To learn more about Tri Cascade and the company’s smart home technology, please visit http://www.tricascadeinc.com/.

About Tri Cascade, Inc.

Founded in May 2010, Tri Cascade, Inc. is committed to developing innovative Internet of Things convergent technologies and products to reduce energy costs and empower the end user for smarter and safer living. Leveraging its extensive experience in energy management, wireless networking, and home and B2B automation and device control systems, Tri Cascade focuses on bringing leading edge Wi-Fi and machine-to-machine wireless innovations for smart energy management to both residential and commercial markets. Tri Cascade aims to use the Internet of Things to make cities dynamic and responsive to energy demands and sudden energy spikes. Tri Cascade’s first product release is the i-BRIGHT™7x Smart Surge Protector, a Wi-Fi-enabled home energy management tool embedded with online scheduling and power consumption metering on the Microsoft® Cloud. For more information, visit www.tricascadeinc.com.

Safe Harbor: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.

About u-blox

u-blox (SIX:UBXN) is a global provider of leading positioning and wireless communication technologies for the automotive, industrial, and consumer markets. Their solutions let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and a growing ecosystem of product supporting data services, u-blox is uniquely positioned to empower its customers to develop innovative solutions for the Internet of Things, quickly and cost‑effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA. www.u-blox.com

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