Numerex Corp was founded in 1992. The Company provides on-demand and interactive machine-to-machine, referred to as 'M2M', enterprise solutions. It provides M2M business services, technology, and products used in the development and ...support of M2M solutions for the enterprise and government markets. The Company has built platforms that are cloud-based and service-centric to facilitate the development, deployment and use of its customers’ M2M, Internet of Things (IoT) solutions across various markets. At the end of 2013, it supported 2.2 million M2M subscriptions. An M2M solution is generally viewed as a combination of devices, software and services that operate with little or no human interaction. Its subscription-based platform services, which generate streams of long-term, high-margin recurring re...venues, are the cornerstone of its business model. The Company operates in the Business-to-Business market, and its customers, in general, serve the final end users. Its products and services are manly sold to enterprise and government organizations. It targeted vertical markets include supply chain, asset tracking and security. The Company accelerates the development process for customers, through its cloud-based horizontal M2M platform Numerex FAST, which can be accessed through various service delivery options, separately or combined, such as: Network-as-a-Service (NaaS); Platform-as-a-Service (PaaS); and Software-as-a-Service (SaaS).In addition to specifically configured business solutions, it sells unbranded, end-user ready ('white label') solutions typically to channel partners who have well-defined markets that do not necessarily require a configured or customized solution. Its offerings use cellular, satellite, broadband and wireline networks. It sells configured solutions and related services to, with, and through its strategic partner channels such as system integrators, consultative groups, wireless networks operators, key supply chain partners and large end-user enterprises. It rely on third-party contract manufacturers and wireless network operators and carriers, both in the United States and overseas, to manufacture the equipment used to provide wireless M2M solutions, networking equipment and products. It also rely on multiple third-party wireless network operators both in the United States and Canada, to provide the underlying network service infrastructure that it use to support M2M data network. Its portfolio of registered United States, European, Canadian, and Mexican trademarks includes such ‘core’ marks as NUMEREX, UPLINK, NUMEREX DNA, and NUMEREX FAST. It competes with companies' offerings Service Delivery Platforms, Service Enablement Services, Application Enablement Platforms, Application Development Platforms, and Connected Device Platforms. The Company is subject to certain governmentally imposed taxes, surcharges, fees, and other regulatory charges, as well as new laws and regulations governing fixed and mobile communications devices, associated services, its business and markets.