Numerex and Cascade Engineering Partner to Provide an Asset Management Solution for the Solid Waste Market
ATLANTA and GRAND RAPIDS, Mich., Feb. 26, 2013 /PRNewswire via COMTEX/ --
Numerex Corp (Nasdaq: NMRX), a leading provider of on demand and interactive machine-to-machine (M2M) enterprise solutions, and Cascade Engineering, a global manufacturer serving a wide diversity of markets including transportation, solid waste & recycling, furniture, material handling, consumer products, and renewable energy announced today their collaboration for the development and implementation of an asset management solution for the solid waste and recycling market.
The X-Tracker provides geographic visibility, tracking, and management of remote assets, such as roll-offs, used in the collection, transportation, and disposal of solid waste. This is accomplished through the combination of Numerex's supply chain management solution including smart devices, intelligent network services and application framework built around Numerex FAST®, the Company's Service Delivery Platform, and Cascade Engineering's Xtreme RFID business' expertise in the design, engineering and manufacturing of rugged RFID tags that meet the stringent requirements of the solid waste industry.
"Our partnership with Numerex reflects our focus on integrated solutions and full system approach to the waste and recycling market," said Mike Lewis, leader of Cascade's Xtreme RFID business. "Through this innovative asset tracking solution, we not only collect data, but also provide related in-depth analysis in order to efficiently guide our customers' decisions."
Detailed information and a wide range of metrics around utilization of the asset are supplied through use of the X-Tracker product. Data collected includes dwell times; asset movement, patterns and cycle loop times; real-time asset location and expected movement patterns. In addition, customers have access to tools that support long-life device management and a flexible system configuration to match enterprise business rules, metrics and management.
"Cascade's commitment to deploying a comprehensive suite of products and services resonates well with our end-to-end strategy," said Jeff Newman, Senior Vice President of Business Development at Numerex. "Our new supply chain management solution goes way beyond periodical asset location. The insight and metrics that it provides allow customers to create value added services while improving the productivity of their assets. This is both a revenue generating and cost saving proposition."
About Cascade EngineeringXtreme RFID is a Cascade Engineering Company. Headquartered in Grand Rapids, Michigan CE is a manufacturer comprised of thirteen strategic business units. With a core competency in plastic injection molding Cascade Engineering is a global company with 1,100 employees located in 15 facilities throughout North America and Europe. As one of the largest certified "B" corporations in the world Cascade Engineering is a nationally recognized proponent of sustainable business practices that emphasize the key role business can play in building financial, social, and environmental capital. For more information, visit the company's website at www.cascadeng.com.
Cascade Engineering is an Anti-Racism Company and an Equal Opportunity Employer.
About NumerexNumerex Corp (NASDAQ: NMRX) is a leading provider of interactive and on-demand machine-to-machine (M2M) technology and services, offered on a subscription basis, used in the development and support of M2M solutions for the enterprise and government markets worldwide. The Company offers Numerex DNA® that may include hardware and smart Devices, cellular and satellite Network services, and software Applications that are delivered through Numerex FAST® (Foundation Application Software Technology). In addition, business services are offered to enable the development of efficient, reliable, and secure solutions while accelerating deployment. Numerex is ISO 27001 information security-certified, highlighting 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.
©2013 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.
Statements contained in this press release concerning Numerex that are not historical fact are "forward-looking" statements and involve important risks and uncertainties. Such risks and uncertainties, which are detailed in Numerex's filings with the Securities and Exchange Commission, could cause Numerex's results to differ materially from current expectations as expressed in this press release. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements.
Numerex Media Contact: Carrie Crabill404 214-0722 ext 102
Investor Relations Contact: Seth Potter646 277-1230
SOURCE Numerex Corp
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