iMetrik M2M Solutions Announces Partnership with RACO Wireless
October 30, 2012
This Agreement will Facilitate Accelerated Growth for
iMetrik M2M in the Machine-to-Machine Market, the "Internet of
Things"
Montreal, October 22, 2012 - iMetrik M2M Solutions
Inc. (OTCBB-IMEK), (www.imetrikm2m.com) -a leading
innovator in embedded wireless asset monitoring solutions,
announced today that it has entered into an agreement with M2M
enabler RACO Wireless (www.racowireless.com) that will integrate
RACO's award-winning wireless infrastructure and device management
platform into iMetrik M2M's innovative solutions.
iMetrik M2M's remote asset monitoring solutions enable companies
to reduce costs and increase control of remote assets with
real-time monitoring and support. iMetrik M2M has been recognized
within the industry as a leader for their innovation.
"We are thrilled with the partnership with RACO Wireless. RACO's
platform, known as the Omega Management Suite, is a solution that
we are very excited to be able to integrate into our solutions,"
said Medhat Mahmoud, VP of Technology & Strategy at iMetrik
M2M. "Additionally, working with such an experienced team has
simplified the deployment of our platform and given us the
assurance and stability we need to accelerate our growth in the M2M
market."
RACO Wireless makes it easy for companies like iMetrik M2M to
build, support and enhance M2M applications. With a streamlined
approach to building flexible M2M connectivity solutions -
including customized rate plans, billing solutions and simplified
device management - RACO can assemble connectivity solutions for
their partners within a day.
"Adding value to the great solutions that iMetrik M2M offers is
something that we are very proud of, said Brian Garrepy, Director
of Business Development at RACO Wireless. "As this segment of the
market grows, we feel strongly that, with our partnership, iMetrik
will be able to meet the demands of their accelerated growth
plan."
About iMetrik M2M Solutions Inc.
iMetrik M2M is a global solution provider of wireless services
designed to control and manage the access and use of virtually any
asset from "anywhere-to-anywhere" in the world. This is the world
of Machine-to-Machine or M2M, the Internet of Things. The iMetrik
M2M Platform moves information and commands from the source
directly to the desktop, helping develop new service offerings,
enabling real-time control over assets and open up new
markets.
About RACO Wireless
RACO Wireless, as a T-Mobile partner for 10 years, is a leading
provider of wireless data solutions to the machine-to-machine (M2M)
industry. The company specializes in delivering wireless data your
way by making it easy for companies to build, support and enhance
wireless M2M applications. RACO Wireless can assemble a flexible,
end-to-end M2M wireless connectivity solution for its partners -
including delivering custom rate plans, tailored billing solutions
and customized wireless connectivity as well as helping them brand
their M2M applications and delivering 24/7 customer service. Among
its numerous awards, RACO Wireless has been recognized with a
Stevie® Award from the American Business Awards as 2012's "Most
Innovative Tech Company" and as the "2012 Entrepreneurial Company
of the Year" by Frost and Sullivan. For more information, visit the
company's website at www.racowireless.com.
Forward Looking Statements
The matters discussed herein, as well as in future oral and
written statements by management of iMetrik M2M Solutions Inc. are
forward-looking statements, and are based on current management
expectations that involve substantial risks and uncertainties that
could cause actual results to differ materially from the results
expressed in, or implied by, these forward-looking statements.
IR Contact:
Tel: +1-514-904-2333
Mobile :+1-514-402-2538
Email: info@imetrikm2m.com
3450 St-Denis Street, Suite 202
Montreal, Qc Canada, H2X 3L3
Toll free and fax: 888 331 9577
