Sierra Wireless and Wavecom Announce First Technology Collaboration, ON-AIR, Live at CTIA
30 Marzo 2009 - 11:00PM
Business Wire
Regulatory News:
Less than one month after Sierra Wireless acquired Wavecom
(Paris:AVM) (NASDAQ:WVCM), the two companies announced today
compelling proof of the product and technology synergies expected
from the combination of two leaders in wireless data solutions.
This week, Wavecom and Sierra Wireless will demonstrate a
network-connected EVDO Fastrack Extreme, streaming video of the
CTIA show floor over the Internet using an integrated Sierra
Wireless MC5727 PCI Express Mini Card.
The Fastrack Plug-and-Play Wireless CPU� form factor has been
popular among Wavecom customers for years, thanks to its rugged
casing and Plug-and-Play functionality. The Sierra Wireless MC5727
EVDO Rev. A embedded module can be found in countless connected
computing devices throughout North America.
�We are extremely pleased to demonstrate the EVDO Fastrack
Extreme product concept in such a short period of time,� said Jason
Cohenour, chief executive officer. �It is a testament to both the
inherent synergies between our two companies and the complementary
capabilities of the Sierra Wireless and Wavecom teams�.
The Fastrack Extreme EVDO product concept shows how wireless
broadband can benefit emerging M2M markets requiring high speed
connectivity. The Fastrack�s ease-of-use enables the rapid
deployment of a broad range of applications, including; video
surveillance security systems, multimedia kiosks, navigation
database synchronization, broadcast feeds and many more.
To see the Fastrack Extreme EVDO in action, visit Wavecom at
CTIA Wireless in Las Vegas at booth #818.
Wavecom � the wireless M2M experts
Wavecom is a leading provider of embedded wireless technology
for M2M (machine-to-machine) communication. We provide a range of
GSM/GPRS, CDMA, EDGE and 3G Wireless CPUs; programmable processors
which also act as wireless modules or wireless modems. These are
backed by a C and Lua-based cellular wireless software suite which
includes a real-time operating system (RTOS), a software
development environment based on Eclipse�, and several Plug-Ins
(GPS, TCP/IP, security, Bluetooth�, Lua script and more). We also
offer a wide range of professional and operated services. Our
solutions are used for automotive telematics, smart metering, fleet
management, GSM/GPS/satellite tracking, wireless alarms, wireless
POS (point of sales), WLL (fixed voice), remote monitoring and many
other M2M applications.
Wavecom is headquartered near Paris, France and is publicly
traded on Euronext Paris (Eurolist) in France and on the NASDAQ
(WVCM) exchange in the U.S. Wavecom is majority-owned by Sierra
Wireless Inc. (NASDAQ: SWIR - TSX: SW). For more information,
please visit www.wavecom.com.
Sierra Wireless
Sierra Wireless (NASDAQ: SWIR � TSX: SW) modems and software
connect people and systems to mobile broadband networks around the
world. The Company offers a diverse product portfolio addressing
enterprise, consumer, original equipment manufacturer, specialized
vertical industry, and machine-to-machine markets, and provides
professional services to customers requiring expertise in wireless
design, integration, and carrier certification. For more
information about Sierra Wireless, visit
www.sierrawireless.com.
Forward Looking Statements
This press release contains forward-looking statements that
involve risks and uncertainties. These forward-looking statements
relate to, among other things, plans and timing for the
introduction or enhancement of our services and products,
statements about future market conditions, supply conditions,
channel and end customer demand conditions, revenues, gross
margins, operating expenses, profits, and other expectations,
intentions, and plans contained in this press release that are not
historical fact. Our expectations regarding future revenues and
earnings depend in part upon our ability to successfully develop,
manufacture, and supply products that we do not produce today and
that meet defined specifications. When used in this press release,
the words "plan", "expect", "believe", and similar expressions
generally identify forward-looking statements. These statements
reflect our current expectations. They are subject to a number of
risks and uncertainties, including, but not limited to, changes in
technology and changes in the wireless data communications market.
In light of the many risks and uncertainties surrounding the
wireless data communications market, you should understand that we
cannot assure you that the forward-looking statements contained in
this press release will be realized.
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