Vancouver, Canada-June 28, 2015
Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today announced that Arval, a leader in full service vehicle leasing, fleet management, and usage-based insurance owned by BNP Paribas, has selected Sierra Wireless device-to-cloud technology to build its new global telematics solution.
Arval selected Sierra Wireless because the AirVantage cloud provides an accelerated development path – the cloud platform was already built and integrated with AirPrime embedded modules, and was able to easily connect to third-party application servers and their own web applications. With the wireless integration and management already covered, Arval was able to focus on the portion of the solution that offers value and differentiates it from competitors. In addition, AirVantage leverages standard device protocols, making it compatible with a wide variety of connected devices and future-proof in terms of compatibility with additional devices and services as Arval expands its service offering to its customers.
“Arval is an industry leader with a clear vision of how a connected service model can enable the company to better serve its customers and enhance its core business,” said Emmanuel Walckenaer, Senior Vice President, Enterprise Solutions for Sierra Wireless. “This collaboration demonstrates the value of a device-to-cloud solution in accelerating innovation in transportation and fleet management, but the model works across many industries and applications. We enable an organization to focus on developing the portion of the solution that is unique and tailored to its customers, knowing that the wireless connectivity and communication functions are already integrated and tested.”
Visit the Sierra Wireless website for more information about AirVantage cloud, AirPrime wireless modules, and the company’s solutions for transportation and fleet management.
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About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is building the Internet of Things with intelligent wireless solutions that empower organizations to innovate in the connected world. We offer the industry’s most comprehensive portfolio of 2G, 3G and 4G embedded modules and gateways, seamlessly integrated with our secure cloud and connectivity services. OEMs and enterprises worldwide trust our innovative solutions to get their connected products and services to market faster. Sierra Wireless has more than 950 employees globally and operates R&D centers in North America, Europe and Asia. For more information, visit www.sierrawireless.com.
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.