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Press Release

GSM proving to be the favorite for next-generation M2M services, based on Rapid growth by KORE Wireless

Posted by Alex Brisbourne on Apr 05, 2006
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New devices shipped in USA exceed 15,000 within 90 days of releasing new GSM services under new agreement with Cingular Wireless

Las Vegas, NV — 5th April 2006 — KORE Wireless Inc. today announced that, following its completion of its agreement with Cingular to expand the M2M market in the USA, over 15,000 devices have been shipped through its service provider partners in the first Quarter of 2006.

Across a wide range of applications, from vehicle tracking to home security, an emerging delivery of smart metering and energy management solutions, and expansion in wireless payment services, KORE Wireless service providers are rapidly migrating to digital PCS networks, and the platform of choice is increasingly the KORE services, which have been designed with a 100% focus on M2M service delivery, with fast time-to-market and reliable service delivery supporting new customers as well as those migrating from older, proprietary digital or analog solutions. We are very pleased by the positive market reaction to our new KORE USA service, based on the Cingular network" noted Alex Brisbourne, president and chief operating officer of KORE Wireless.

"Since its limited commercial availability launch, we have received strong demand from our service provider partners, evidenced by the results to date. With the completion of the latest release of integrated, real-time tools under our PRISM™ platform, the new KORE USA network services are fully controlled, 24/7, by our partners for their applications. This we believe will drive even faster adoption in the years ahead", concluded Brisbourne.

According to Strategy Analytics, an independent global research company, there may be more than 100 million machine subscribers in North America by the year 2010. Machine-to-machine applications require real-time, continuous data transmission between two locations, e.g., remote oil well equipment monitoring, vehicle traffic data, or health monitoring of home-based patients. In field test since September 2005, and limited release with current partners since December 2005, these services are immediately available coast-to-coast in all markets. To learn more, go to www.korewireless.com.