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Press Release

KORE Telematics Honored by 2008 M2M Magazine Value Chain Award

Posted by Alex Brisbourne on Jul 01, 2008
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TransCore, KORE and U.S. Fleet Tracking Recognized for Innovative Deployment

Reston, VA and TORONTO, ON— Jul 1, 2008—KORE Telematics (www.koretelematics.com), the world's largest digital wireless services provider specializing in machine-to-machine (M2M) communications, today announced that it was honored by the M2M Magazine Value Chain Award in the Fleet Management category as an integral part of the Bronze 2008 award-winning TransCore deployment. The annual Value Chain Awards recognize the most successful adopters of M2M technology and the teams of solution providers that make their successes possible.

"As a provider of the wireless networks that make the M2M market tick, KORE is helping organizations realize the benefits of M2M communications," said Peggy Smedley, editorial director of M2M Magazine. "TransCore exemplifies the type of business value that M2M applications provide and we are proud to recognize them as a 2008 Value Chain Award winner."

The 2008 Value Chain Awards were announced at a formal ceremony concluding the fourth annual M2M United conference, an industry event that promotes the development, awareness and business value of machine-to-machine technology.KORE, its partner U.S. Fleet Tracking and Wavecom received honors as enablers for TransCore, who won a 2008 Value Chain Award for its deployment. TransCore, the largest global manufacturer of transportation-based RFID technology, utilized the M2M application to dramatically improve accountability for services rendered to its clients, such as turnpike authorities that use its technology for electronic toll collection. The KORE-powered M2M application enabled TransCore to provide its clients with definitive confirmation that hours billed for service personnel were hours actually worked. With wireless GSM connectivity from KORE Telematics and live Web tracking from U.S. Fleet Tracking, TransCore was able to significantly improve customer service.

"The Value Chain Awards recognize true innovation in the M2M market and KORE is happy to be recognized among such a prestigious group of industry leaders," said Alex Brisbourne, president and chief operating officer, KORE Telematics. "The TransCore deployment is just one of many examples of how the KORE network is being used on a daily basis to drive productivity improvements, enhance customer service and automate manual processes."