Companies plan to collaborate for business development, project
management, engineering and integration
SAO PAULO, Brazil and VANCOUVER, Oct. 7 /CNW/ - Sierra Wireless (NASDAQ: SWIR - TSX: SW) and MobiPower today announced their agreement to collaborate in the development of stolen-vehicle recovery and asset protection solutions based on Sierra Wireless embedded cellular modules.
The brain of the device is to be a Sierra Wireless WMP100 Wireless Microprocessor(R), which hosts an Open AT(R) application and communicates information via cellular connection to the Internet, enabling remote monitoring of vehicles and other personal property.
The MobiPower device will offer Brazil's industry the ability to protect valuable assets including vehicles and possibly real property in order to improve service delivery. To do so, MobiPower has focused on providing a compact, low-power-consumption device that can be easily applied to a variety of different assets - all designed and produced locally in Brazil.
"We chose Sierra Wireless because they offered the most cost-effective, feature-rich solution available on the market," said Carlos Cecanecchia Neto, Director of MobiPower. "By embedding our application on the module we are able to reduce component redundancy and realize both cost savings and a more compact design."
"Sierra Wireless is pleased to be actively involved in the growing marketplace in Brazil and particularly with our relationship with MobiPower," said Dan Schieler, Senior Vice President of Worldwide Sales for Sierra Wireless. "MobiPower is uniquely positioned to provide best-in-class asset monitoring, and we're proud to help keep insurance costs in check for business and consumers, especially in today's difficult economic environment."
For more information about Sierra Wireless WMP100 embedded module, please visit http://www.wavecom.com/modules/movie/scenes/products/index.php?fuseAction=wirelessCPU&productName=WMP100. To contact the Sierra Wireless Sales Desk, call +1 (604) 232-1488 or e-mail firstname.lastname@example.org.
MobiPower is a Brazilian leader in embedded industrial wireless communication solutions for automotive, machine-to-machine and Windows mobile professional applications. For more information about MobiPower visit http://www.mobipower.com.br
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR - TSX: SW) products connect people and machines to wireless networks around the world. We offer an advanced, comprehensive product line, addressing consumer, enterprise, original equipment manufacturer, and specialized vertical industry markets. We also offer a wide range of professional and operated services. Our solutions are used for mobile computing, transportation, industrial M2M (machine-to-machine), enterprise, residential and consumer communications applications. For more information about Sierra Wireless, visit www.sierrawireless.com.
"OpenAT" and "Wireless Microprocessor" are registered trademarks of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.
Sierra Wireless 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.
SOURCE SIERRA WIRELESS, INC.
For further information: For further information: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email: email@example.com