ATLANTA, July 19, 2021 /PRNewswire/ -- KORE, a global
leader in Internet of Things ("IoT") Solutions and worldwide IoT
Connectivity-as-a-Service ("IoT CaaS"), announced today its
ConnectivityPro™ product brought home honors from the 2021 IoT
Evolution Product of the Year Award program, backed by TMC in
conjunction with Crossfire Media.
This award reflects the KORE dedication to innovation to simplify
IoT deployments.
The award recognizes the best and most innovative products and
solutions powering the Internet of Things (IoT). Nominated
solutions must have been available for deployment within the past
twelve months as judged by the editors of IoT Evolution World
magazine.
ConnectivityPro is distinct in the marketplace because it is a
single platform that KORE's customers use to simplify the
management of their global IoT Connectivity needs. Built on the
open, modular and scalable KORE One platform, ConnectivityPro
provides a streamlined user interface with service-oriented APIs
supporting full automation of connectivity management activities.
Key features include full-featured provisioning, diagnostics,
reporting, support, and billing; proactive, real-time monitoring of
events, usage and costs including with rule-based actions and
alerts; and integrated, "a la carte" micro-services supporting
solution components that simplify IoT deployments.
"We are honored by this recognition," said KORE President and
CEO Romil Bahl. "And we view this
award as a reflection of our dedication to innovation in tackling
the single biggest hurdle companies face during IoT deployments,
which is complexity. ConnectivityPro is built with our customers in
mind…to deliver to our connectivity vision, which is Connectivity
Out-of-the-Box, for the lifetime of the device."
Winners of the 2021 IoT Product of the Year Award were announced
online and highlighted on IoT Evolution World.
"Congratulations to recipients of 2021 IoT Product of the Year
Awards," said Rich Tehrani, CEO,
TMC. "It is one of the most rewarding parts of our jobs at IoT
Evolution World to recognize the latest innovative products and
solutions in the exploding IoT market. With our partners at
Crossfire Media, we all look forward to seeing their future
successes!"
For more than 20 years, TMC has been honoring technology
companies with awards in various categories. These awards are
regarded as some of the most prestigious and respected awards in
the communications and technology sector worldwide. Winners
represent prominent players in the market who consistently
demonstrate the advancement of technologies. Each recipient is a
verifiable leader in the marketplace.
About KORE
KORE is a pioneer, leader, and trusted
advisor delivering mission critical IoT solutions and services. We
empower organizations of all sizes to improve operational and
business results by simplifying the complexity of IoT. Our deep IoT
knowledge and experience, global reach, purpose-built solutions,
and deployment agility accelerate and materially impact our
customers' business outcomes. For more information, visit
korewireless.com.
About Crossfire Media
Crossfire Media is an integrated
marketing company with a core focus on future trends in technology.
We service communities of interest with conferences, tradeshows,
webinars and newsletters. Crossfire Media has a partnership with
Technology Marketing Corporation (TMC) to produce events and
websites related to disruptive technologies. Crossfire Media is a
division of Crossfire Consulting, a full-service Information
Technology company based in New York.
About TMC
Through education, industry news, live
events and social influence, global buyers rely on TMC's
content-driven marketplaces to make purchase decisions and navigate
markets. As a result, leading technology vendors turn to TMC for
unparalleled branding, thought leadership and lead generation
opportunities. Our in-person and online events deliver unmatched
visibility and sales prospects for all percipients. Through our
custom lead generation programs, we provide clients with an ongoing
stream of leads that turn into sales opportunities and build
databases. Additionally, we bolster brand reputations with the
millions of impressions from display advertising on our news sites
and newsletters. Making TMC a 360-degree marketing solution, we
offer comprehensive event and road show management services and
custom content creation with expertly ghost-crafted blogs, press
releases, articles and marketing collateral to help with SEO,
branding, and overall marketing efforts. For more information about
TMC and to learn how we can help you reach your marketing goals,
please visit www.tmcnet.com and follow us on Facebook, LinkedIn and
Twitter, @tmcnet.
For more information about TMC and to learn how we can help you
reach your marketing goals, please visit www.tmcnet.com.
TMC Contact
Michelle
Connolly
Marketing Manager
203-852-6800, ext. 170
mconnolly@tmcnet.com
KORE Contacts
Media and Investors:
Jean Creech AventVice President, Investor Relations and Public
Relations
jcreechavent@korewireless.com
+1-843-986-8229
Investors:
investors@korewireless.com
Or
Investors:
Matt Glover and Cody Slach
Gateway Group, Inc.
KORE@gatewayir.com
+1-949-574-3860
Important Information and Where to Find It
This press release includes information related to the proposed
merger transaction announced previously involving Cerberus Telecom
Acquisition Corp. ("CTAC") and KORE. CTAC and King Pubco, Inc.
("Pubco") filed a registration statement on Form S-4 with the SEC,
which includes a proxy statement of CTAC and a prospectus of Pubco,
and CTAC will file other documents regarding the proposed
transaction with the SEC. A definitive proxy statement/prospectus
will also be sent to the stockholders of CTAC, seeking required
stockholder approval. Before making any voting or investment
decision, investors and security holders of CTAC are urged to
carefully read the entire registration statement and proxy
statement/prospectus, when they become available, and any other
relevant documents filed with the SEC, as well as any amendments or
supplements to these documents, because they will contain important
information about the proposed transaction. The documents filed by
CTAC with the SEC may be obtained free of charge at the SEC's
website at www.sec.gov. In addition, the documents filed by CTAC
with the SEC may be obtained free of charge from CTAC's website at
www.cerberusacquisition.com or upon written request to Cerberus
Telecom Acquisition Corp., 875 Third Avenue, New York, NY 10022.
This press release, similar to the previous announcement, does
not constitute an offer to sell or the solicitation of an offer to
buy any securities or a solicitation of any vote or approval, nor
shall there be any sale of any securities in any state or
jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of such other jurisdiction.
CTAC, KORE and certain of their respective directors and
executive officers may be deemed to be participants in the
solicitation of proxies from the stockholders of CTAC, in favor of
the approval of the merger. Information regarding CTAC's and KORE's
directors and executive officers and other persons who may be
deemed participants in the transaction may be obtained by reading
the registration statement and the proxy statement/prospectus and
other relevant documents filed with the SEC when they become
available. Free copies of these documents may be obtained as
described above.
Forward-Looking Statements
This press release includes certain statements that are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under the United States Private
Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as "believe,"
"may," "will," "estimate," "continue," "anticipate," "intend,"
"expect," "should," "would," "plan," "predict," "potential,"
"seem," "seek," "future," "outlook," and similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, statements regarding estimates and
forecasts of revenue and other financial and performance metrics
and projections of market opportunity and expectations. These
statements are based on various assumptions and on the current
expectations of CTAC or KORE's management. These forward-looking
statements are provided for illustrative purposes only and are not
intended to serve as and must not be relied on by any investor or
other person as, a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of CTAC and/or KORE. These forward-looking
statements are subject to a number of risks and uncertainties,
including general economic, financial, legal, political and
business conditions and changes in domestic and foreign markets;
the potential effects of COVID-19; risks related to the rollout of
KORE's business and the timing of expected business milestones;
changes in the assumptions underlying KORE's expectations regarding
its future business; the effects of competition on KORE's future
business; and the outcome of judicial proceedings to which KORE is,
or may become a party. If the risks materialize or assumptions
prove incorrect, actual results could differ materially from the
results implied by these forward-looking statements. There may be
additional risks that KORE presently does not know or that KORE
currently believes are immaterial that could also cause actual
results to differ materially from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect KORE's expectations, plans or forecasts of future events
and views as of the date of this press release. KORE and CTAC
anticipate that subsequent events and developments will cause these
assessments to change. However, while KORE and/or CTAC may elect to
update these forward-looking statements at some point in the
future, each of KORE and CTAC specifically disclaims any obligation
to do so. These forward-looking statements should not be relied
upon as representing KORE's assessments as of any date subsequent
to the date of this press release. Accordingly, undue reliance
should not be placed upon the forward-looking statements.
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SOURCE KORE Wireless