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Sierra Wireless Inc
Symbol SW
Shares Issued 36,067,415
Close 2019-02-20 C$ 16.67
Market Cap C$ 601,243,808
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Sierra Wireless to provide Ready-to-Connect to Nimb

2019-02-21 10:32 ET - News Release

Mr. Marc Overton reports

NIMB SELECTS SIERRA WIRELESS READY-TO-CONNECT MODULES TO TRANSFORM PERSONAL SAFETY WEARABLES

Nimb has selected Sierra Wireless Inc.'s Ready-to-Connect cellular modules for its smart safety ring, designed to alert emergency contacts when the ring's wearer presses the hidden panic button. Ready-to-Connect delivers all of the key elements needed for this IoT (Internet of things) application in a compact 15-millimetre-by-18-millimetre package, including LPWA module, GNSS, Smart SIM with global coverage and cloud management services, in one integrated bundle.

After one of its founders was violently attacked, Nimb developed a smart ring with a concealed panic button that allows users to send an alert with their location to a list of emergency contacts, including first responders in the United States and fellow Nimb ring wearers nearby. With one click and without drawing unwanted attention, the Nimb ring enables its wearer to call for help. Using Sierra Wireless's Ready-to-Connect solution, the Nimb ring is a stand-alone device that does not need to be paired with another mobile device and can be used anywhere in the world on LTE-M and NB-IoT networks.

Leo Bereschansky, founder and chief executive officer of Nimb, said: "Our goal was to create an easy-to-use wearable that keeps its user safe without needing to be paired with a mobile device. By designing the next generation of Nimb rings with Sierra Wireless's Ready-to-Connect solution, we were able to develop a fully autonomous safety system that fits into our form factor budget and works anywhere in the world in many fewer months than planned."

Using Ready-to-Connect modules simplified the development of Nimb's safety ring by delivering all the elements it needed to deploy a global personal safety system. The HL78 LPWA modules deliver best-in-class power performance, extending the Nimb ring's battery life, while the operator-agnostic Smart SIMs make it easy for Nimb to deploy its solution globally. All SIM subscriptions and devices are managed end to end through a single interface using AirVantage IoT platform.

Marc Overton, chief solutions officer of Sierra Wireless, said: "Nimb was looking for a low-power cellular solution that they could quickly and easily deploy, without having to integrate products and platforms from different vendors. Ready-to-Connect provided the security, connectivity and management platform as well as the small form factor that Nimb needed to develop a reliable smart safety device."

Research by analyst firm Frost & Sullivan found that many IoT deployments can take more than 18 months to move from concept to commercial launch. With Ready-to-Connect, companies can innovate in a third of the time, while also simplifying operations and reducing product and logistic costs by up to $500,000 per year. Ready-to-Connect eliminates the need to manage different vendors and platforms as well as the complex pairing of multiple components that can lead to security vulnerabilities.

Mobile World Congress 2019 demonstration

Sierra Wireless and Nimb will demonstrate the smart safety ring at MWC from Feb. 25 to Feb. 28, 2019, in the GSMA Innovation City, Hall 4, Stand 4A30. Visitors can try on the ring and see how easy it is to use the hidden panic button to send emergency alerts over a live cellular network.

About Sierra Wireless Inc.

Sierra Wireless is an IoT pioneer, empowering businesses and industries to transform and thrive in the connected economy. Customers start with Sierra because the company offers a device-to-cloud solution comprising embedded and networking solutions seamlessly integrated with its secure cloud and connectivity services. Original equipment manufacturers and enterprises worldwide rely on Sierra's expertise in delivering fully integrated solutions to reduce complexity, turn data into intelligence, and get their connected products and services to market faster. Sierra Wireless has more than 1,300 employees globally and operates research and development centres in North America, Europe and Asia.

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