Numerex Wins Compass Intelligence Mobility Award

ATLANTA, Jan. 13, 2016 (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 has received a Compass Intelligence Mobility award at the 2016 International Consumer Electronics Show in Las Vegas. Numerex was selected for the 2^nd year in a row as a winner in the category of 2015 A-List in IoT & M2M and in the sub-category ‘IoT Enablement Company of the Year for Enterprise Markets’.  Each year Compass Intelligence honors companies at the very pinnacle of achievement in the IoT/M2M world at this award show.

Numerex technology encompasses a broad spectrum of the IoT ecosystem and delivers managed solutions for enterprise users which derive added value through device, network, application and platform enablement. Built on the nxFAST™ platform, Numerex’s industry-leading solutions combine over 20 years of expertise and experience through a modular, end-to-end platform infrastructure, a market driven, open source environment, and are already market proven with pre-packaged, hosted IoT vertical solutions that are being rapidly deployed by thousands of enterprises.

The Compass Intelligence Awards were selected by 60+ industry-leading press, editors, and analysts who cover the mobile and wireless market. The 75 awards recognize the best in mobile devices and software, wireless communications, Internet of Things, wearables, green technology, and connected products offered in the market during the past year.

“Each year Compass Intelligence recognizes the best of the best in mobile, IoT, and green technology and this year is no exception as we have an elite list of award recipients,” states Stephanie Atkinson, CEO & founder of Compass Intelligence. “The 2016 list of esteemed awardees showcase best of breed and state of the art products, services, and technologies that continue to advance the technology market, especially in mobile and IoT.”

"We are honored to once again receive this prestigious award,” said Shu Gan, Numerex Chief Marketing Officer. "Our customers want best-of-class solutions, but are challenged by the technical complexity, difficulty to scale, and high capital investments associated with IoT. To best support our customers, Numerex has transformed itself into a managed end-to-end IoT solution service provider. With our advanced nxFAST Platform integrated with our industry-leading Device, Network, Application offerings under the managed service model, we are taking these problems out of customer’s hands so they can enjoy the business benefits from IoT from the get-go, maximizing their ROI.”

About Numerex

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.

About Compass Intelligence

Compass Intelligence, a market analytics and consulting firm, specializes in metrics-driven market intelligence and insights for the mobile, IoT, and high-tech industries. Compass Intelligence provides executive insights, market sizing/modeling, competitive analysis, strategic consulting, and expert recommendations on multiple markets. Visit us at www.compassintelligence.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.

© 2016 Numerex Corp. All rights reserved. Numerex, the Numerex logo and all other marks contained herein are trademarks of Numerex Corp. and/or Numerex- affiliated companies. All other marks contained herein are the property of their respective owners.

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