Numerex Receives Frost & Sullivan's 2011 Competitive Strategy Leadership Award
ATLANTA, Dec. 7, 2011 /PRNewswire/ -- Numerex Corp (NMRX), a leading single source provider of secure machine-to-machine (M2M) products and services, announced today that Frost & Sullivan has presented them the 2011 North American Competitive Strategy Leadership Award in the Machine-to-Machine Communications market.
"Frost & Sullivan's unique approach enables us to determine how best-in-class companies worldwide manage growth, innovation and leadership. It is very clear to us that Numerex has executed extremely well on several fronts to emerge as the true worldwide leader of M2M communication solutions. Numerex's high-value ROI has resulted in a very loyal, long-term customer base and their expertise continues to be sought out. They are undeniably a driving force for the industry and have embraced their leadership role, steering the industry into a new era of collaboration and growth," said Vikrant Gandhi, Senior Industry Analyst, Frost & Sullivan.
In receiving the Frost & Sullivan 2011 Machine to Machine Communications Competitive Strategy Leadership Award, Numerex underwent a rigorous analysis and evaluation by Frost & Sullivan, which benchmarked companies' performance in leveraging competitive intelligence, execution of competitive strategy, effect of strategy on market share, brand strength and market position, as well as impact on customer satisfaction and measurement of the company's performance against specific criteria.
"We are very pleased and honored to have been distinguished by Frost & Sullivan for our growth and leadership role in M2M solutions," said Stratton J. Nicolaides, Chairman and Chief Executive Officer of Numerex. "Awards such as this underscore Numerex's competitive advantages, technological expertise and industry experience. We are committed to offering innovative, intelligent M2M solutions which are technically advanced, scalable and inherent to our customer's business infrastructure."
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Numerex Corp is a leading provider of machine-to-machine (M2M) business services, technology, and products used in the development and support of M2M solutions for the enterprise and government markets worldwide. The Company offers Numerex DNA(R) that includes hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex FAST(R) (Foundation Application Software Technology). Customers typically subscribe to device management, network, and application services through hosted platforms. Business services enable the development of efficient, reliable, and secure solutions while simplifying and speeding up deployment through streamlined processes and comprehensive integration services. Numerex is ISO 27001 information security-certified. "Machines Trust Us(R)" represents the Company's focus on M2M data security, service reliability, and round-the-clock support of its customers' M2M solutions. For additional information, please visit www.numerex.com.
© 2011 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.
This press release contains, and other statements may contain, forward-looking statements with respect to Numerex future financial or business performance, conditions or strategies and other financial and business matters, including expectations regarding growth trends and activities in the wireless data business. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "intend," "estimate," "assume," "strategy," "plan," "outlook," "outcome," "continue," "remain," "trend," and variations of such words and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may," or similar expressions. Numerex cautions that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements and future results could differ materially from historical performance.
Numerex Media Contact:
Carrie Crabill, Trevelino/Keller
404-214-0722 ext 102
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SOURCE Numerex Corp