Inseego and Undagrid Announce Global Strategic Partnership
October 09 2017 - 6:00AM
Business Wire
Partnership aimed at providing state of the art
combined aviation asset solutions
Inseego Corp. (Nasdaq: INSG) – a leading global provider of
software-as-a-service (SaaS) and solutions for the Internet of
Things (IoT) – and Undagrid – a solution provider for non motorized
assets – today announced a global strategic partnership. This
cooperation leverages both companies’ comprehensive know-how of
asset information systems throughout aviation markets, providing
owners of assets across airports the most complete asset
utilization solution. The solution allows the companies within the
airport industry to make smarter decisions, faster than ever
before.
With the partnership, Ctrack, the market leading asset tracking
SaaS platform, and Undagrid, that is currently connecting leading
airports around the world, will seamlessly connect to enable an
entirely new level of asset visibility throughout the airport
infrastructure. This partnership has already won a large project at
Amsterdam airport with KLM, and additional projects in Germany,
Hong Kong and Scandinavia.
Undagrid launched their unique sensor & localization-based
solution a few years ago with deployments at more than ten airports
in Europe and the Middle East. Their unique devices with long life
battery functionality in combination with “mesh communication
technology” has proven to improve utilization, planning and
efficiency.
Inseego has a long and successful history of deploying its
motorized GPS fleet management solution with its Ctrack SaaS
platform globally for over 30 years. Inseego views the air service
sector as a fast developing market with great growth potential.
This market is characterized by sophisticated customer demands and
requires a user-friendly solution to deliver an end to end asset
utilization & tracking system.
Ctrack has deployed its airport solution at Amsterdam airport
with both KLM Equipment Services (KES) and dnata. In addition,
Ctrack has airport solutions deployed in Germany, and Asia.
Driven by customer demand, Ctrack and Undagrid worked
intensively to integrate the end to end solution to bring total
visibility, security and safety for a variety of airport equipment.
The integrated SaaS solution provides management a complete
visibility on all deployed assets. This combined solution will
allow our customers to achieve a significant reduction of the total
fleet as well as fully automated billing.
“We are very excited to be working with Undagrid to bring a
highly differentiated asset tracking solution to the market,” said
Chris Lytle, EVP of Telematics and SaaS Solutions at Inseego. "The
combination of Ctrack and Undagrid will make our customers smarter
with deeper end to end visibility into their assets.”
“We are pleased to combine forces with Inseego to serve existing
and new aviation customers,” said Rolf van de Velde, CEO of
Undagrid. “Inseego has a rich history of deploying fleet management
solutions and we look forward to delivering great value to our
customers through an integrated solution.”
ABOUT INSEEGO CORP.
Inseego Corp. (Nasdaq: INSG) is a leading global provider of
MiFi®-branded intelligent wireless solutions for the worldwide
mobile communications market and software-as-a-service (SaaS) and
solutions for the Internet of Things (IoT). The Company sells its
telematics solutions under the Ctrack brand, including fleet and
airport management, asset tracking and monitoring, stolen vehicle
recovery, and usage-based insurance platforms. Inseego Corp. also
sells business connectivity solutions and device management
services through Inseego North America (formerly Feeney Wireless).
The Company is headquartered in San Diego, California.
www.inseego.com Twitter @inseego
ABOUT UNDAGRID
The four founders of Undagrid (undagrid.com) started in 2014
with the development of power efficient sensors based on unique
communication techniques. After the first roll-out at Amsterdam
Airport Schiphol, the company has grown successfully over the last
three years and is now active at 11 different airports, including
the top 5 in Europe and the Middle East. The company has offices at
Schiphol and in Enschede.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements, which are
made pursuant to the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995, as amended to
date. These forward-looking statements involve risks and
uncertainties. A number of important factors could cause actual
results to differ materially from those in the forward-looking
statements contained herein. These factors include risks relating
to technological changes, new product introductions, continued
acceptance of Inseego' products and dependence on intellectual
property rights. These factors, as well as other factors that could
cause actual results to differ materially, are discussed in more
detail in Inseego' filings with the United States Securities and
Exchange Commission (available at www.sec.gov) and other regulatory
agencies.
©2017. Inseego Corp. All rights reserved. The Inseego name and
logo are trademarks of Inseego Corp. Other Company, product or
service names mentioned herein are the trademarks of their
respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20171009005358/en/
Inseego Corp.Hilger van Dam, +31 78 644 93
34hilger.vandam@ctrack.nlwww.inseego.comorStephen Brown, +1 (470)
494-4027Steve.Brown@inseego.comwww.inseego.comorInvestor Relations
Contact:Stephen Smith, +1 (858)
247-2149Stephen.Smith@inseego.comwww.inseego.comorUndagridRolf van
de Velde (CEO), +31615310925rolf@undagrid.com
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