Wireless firm wins $10M in financing
Numerex Corp. said it will receive $10 million in financing for strategic initiatives which may include joint ventures, co- marketing programs, and acquisition opportunities. The Atlanta-based company (NASDAQ: NMRX) provides wireless fixed and mobile machine-to-machine (M2M) services, as well as network services and technology that enable real-time wireless data communications, monitoring, tracking, and service management. .
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Mesh Networks to Drive Wireless Growth in the New Year
LOS GATOS, Calif., Jan. 2 /PRNewswire/ -- Firetide, Inc., a developer of multi-service mesh networks, today announced the company's forward-looking perspective for the wireless networking industry. Firetide's market strategy has resulted in significant increases in revenue and installations in 2006 and the company attributes its success to accurately reading trends and preparing its technology and distribution channel to meet growing demands for freedom and mobility. Public Safety as High Priority Mesh applications for public safety and video surveillance continue to show very strong growth and the company estimates the overall market for IP- based video cameras alone to be well over $650 million in 2007. Reasons given include increased homeland security initiatives, widespread social acceptance of surveillance in public areas, and the many cost benefits of using mesh networks for video installations.
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Purchases of Wireless Games Will Gain Ground by 2010
Mobile gaming for wireless devices is providing new revenue opportunities for game developers, network operators, service providers, handset manufacturers, and other players in the value chain. At the close of 2006, the mobile gaming market is taking on a new dimension, literally, as it explores three dimensional games and all of the accompanying hardware and software requirements. Improved handset technology, flexible billing mechanisms, and the availability of wireless broadband (3G) networks is helping to improve the mobile gaming experience, enticing more consumers to jump on board. According to IDC, mobile game purchasers will grow more than 16% annually reaching nearly 50 million customers by 2010, which will substantially increase total mobile gaming revenue by the end of the decade.
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Numerex Corp. said it will receive $10 million in financing for strategic initiatives which may include joint ventures, co- marketing programs, and acquisition opportunities. The Atlanta-based company (NASDAQ: NMRX) provides wireless fixed and mobile machine-to-machine (M2M) services, as well as network services and technology that enable real-time wireless data communications, monitoring, tracking, and service management. .
Read More
Mesh Networks to Drive Wireless Growth in the New Year
LOS GATOS, Calif., Jan. 2 /PRNewswire/ -- Firetide, Inc., a developer of multi-service mesh networks, today announced the company's forward-looking perspective for the wireless networking industry. Firetide's market strategy has resulted in significant increases in revenue and installations in 2006 and the company attributes its success to accurately reading trends and preparing its technology and distribution channel to meet growing demands for freedom and mobility. Public Safety as High Priority Mesh applications for public safety and video surveillance continue to show very strong growth and the company estimates the overall market for IP- based video cameras alone to be well over $650 million in 2007. Reasons given include increased homeland security initiatives, widespread social acceptance of surveillance in public areas, and the many cost benefits of using mesh networks for video installations.
Read More
Purchases of Wireless Games Will Gain Ground by 2010
Mobile gaming for wireless devices is providing new revenue opportunities for game developers, network operators, service providers, handset manufacturers, and other players in the value chain. At the close of 2006, the mobile gaming market is taking on a new dimension, literally, as it explores three dimensional games and all of the accompanying hardware and software requirements. Improved handset technology, flexible billing mechanisms, and the availability of wireless broadband (3G) networks is helping to improve the mobile gaming experience, enticing more consumers to jump on board. According to IDC, mobile game purchasers will grow more than 16% annually reaching nearly 50 million customers by 2010, which will substantially increase total mobile gaming revenue by the end of the decade.
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