26 June, 2012 (Sydney): NetComm Wireless Limited (ASX: NTC),a leading developer of wireless products,and Grid Net, the leading wireless smart grid software company, today announced a strategic alliance designed to deliver 3G connectivity to smart grid devices worldwide. Grid Net selected NetComm Wireless to design, develop and manufacture Grid Net-enabled 3G wireless communications cards for the global smart grid market.
Australia is the first market for Grid Net-enabled communications cards, with North America and the European Union markets soon to follow.
"Grid Net has proven the unparalleled flexibility, scalability, and strict security of our wireless smart grid software platform," said John W. Combs, CEO and Chairman of Grid Net. "This partnership with NetComm Wireless, truly the best-in-class developer of wireless data communication products, accelerates our ability to deliver innovative smart grid solutions worldwide. We are thrilled to have NetComm Wireless on our side."
David Stewart, President and CEO, NetComm Wireless, said "With the worldwide market fast moving toward wireless smart grids, we see a tremendous upside in aligning our wireless M2M expertise with Grid Net's cutting-edge wireless smart grid software platform, and expect the market will as well. Our collaboration with Grid Net will provide the global utilities industry with remarkable new opportunities as they position themselves for mass-scale adoption."
As diverse vertical industries worldwide take advantage of automated equipment and systems using M2M technologies, NetComm Wireless will continue to foster strategic partnerships with wireless industry leaders to address the massive global demand for wireless M2M communications in areas such as utilities, transport, security, surveillance, banking, health, transport and mining.
Enquiries to: Stephanie Wilson, NetComm Wireless Communications Manager
Phone: +61 2 9424 2045 or email: [email protected]
About NetComm Wireless
NetComm Wireless Limited (ASX: NTC) is a leading developer of innovative broadband products sold globally to major telecommunications carriers, core network providers and system integrators. For 30 years NetComm has developed a portfolio of world first data communication products, and is arespected global providerof 3G and 4G wireless devices servicing the major telecommunications carrier, Machine-to-Machine (M2M) and Rural Broadband markets. NetComm’s products are designed to meet the growing needs of today’s data-intensive home, business and industrial broadband applications and customized to optimize performance in line with global network advancements. Headquartered in Sydney, Australia, NetComm has offices in New Zealand, North America and the Middle East. For more information about NetComm visit: www.netcommwireless.com
About Grid Net
Grid Net is the leading cellular smart grid software company. It pioneered the cellular smart grid model in 2008 with the first private 4G cellular deployment, and today is leading the public 3G cellular smart grid movement. The Grid Net Platform, a centrally-managed, highly-distributed smart grid network operating system, enables its utility customers and solution partners to securely and strategically deploy multiple grid applications like Advanced Metering, Demand Response Load Control, Distribution Monitoring & Control, and Premise Area Networking.
Headquartered in San Francisco, California, with offices in Sydney and Melbourne, Australia, Grid Net is backed by Intel Capital, Braemar Energy Ventures, Catamount Ventures, Cisco Systems, and GE Energy Financial Services. Learn more at grid-net.com and follow us at twitter.com/Grid_Net.