Wireless Maingate - a Sierra Wireless company

Maingate and Wyless to collaborate on new market opportunities

Press Release   •   Nov 09, 2011 09:00 CET

Local service delivery - Global access

The partnership will provide Wyless access to local service delivery in Scandinavian markets and Maingate access to Wyless's global network, connectivity and managed services.

As part of the collaboration, the companies have physically interconnected their networks and service management platforms, effectively creating an aggregation point of 14 mobile operators networks with local connectivity in 10 countries. The operator network will include and expand in North America, Europe and will continue growing to other regions throughout the world.

Joint opportunities

In addition, Wyless and Maingate have been working on a number of joint opportunities over the last few months. These applications range from industrial networking, municipal lighting to healthcare and will expand to other applications in the M2M space including utility solutions for Smart Metering, Smart Grid and Demand/Response services.

Dan McDuffie, CEO Wyless stated: This partnership with Maingate is part of our plans to continue to build the leading " multi-carrier managed services capability " in the M2M market and to work with strategic partners who can give us market leading local connectivity in a highly technical and scalable environment.

Baard Eilertsen, CEO Maingate stated: We are pleased to be working with Wyless on a number of joint opportunities that reinforces our M2H Services strategy at a very human level and our M2M Smart Services strategy in the area of improving the environment. We look forward to further joint ventures on a global scale to take advantage of Wyless's leading position in global managed services.

About Wyless

Wyless is the leading global M2M managed services provider. Our resilient platform, delivered in partnership with the world's largest network operators, provides secure, reliable communications with wireless devices in over 120 countries. Powerful management tools offer real-time reporting and control over all devices connected to our network. Wyless delivers a comprehensive suite of managed services with unrivalled expertise, professional support and competitive pricing. We enable our customers and partners to deploy M2M applications and services faster, cheaper and more effectively.

For more information about Wyless, www.wyless.com

Founded in 1998, Wireless Maingate AB  is an ICT company, providing M2M Connectivity Services and Information Management Services to customers around Europe. We are a trusted partner to more than 1.000 customers, including leading utilities such as E.ON, Fortum and Vattenfall. We work closely with leading technology partners such as Gemalto, Oberthur, Schneider Electric, Kamstrup, Telia, Tele2 and Deutsche Telekom. Today we connect more than 55 % of all smart meters in Sweden, 20 % of all smart meters in Finland, 70 % of the Point-of-Sales terminals in Sweden and 40 % of all residential alarms in Sweden. Maingate is a company in the Nordic VC Verdane Capital fund VI.

Wireless Maingate AB grundades 1998 och är ett ledande ICT bolag. Vi erbjuder M2M kommunikation och IT system för den europeiska marknaden. Vi är en betrodd partner till över 1000 kunder, inklusive ledande energibolag såsom E.ON, Fortum och Vattenfall. Vi samarbetar nära med teknikpartners såsom Gemalto, Oberthur, Schneider Electric, Kamstrup, Telia, Tele2 och Deutsche Telekom. Idag säkrar vi kommunikation för 55 % av alla smarta elmätare i Sverige, 20 % av alla smarta elmätare i Finland, 70 % av betalterminaler i Sverige och 40 % av alla hemlarm i Sverige. Maingate ägs av den nordiska riskkapitalfonden Verdane Capital VI. Verdanes fonder investerar i och utvecklar nordiska tillväxtbolag, och är i Sverige ägare till, utöver Maingate, bland annat EasyPark och MatHem.