Key Developments For Sierra Wireless Inc
Sierra Wireless Inc (SWIR.O) (Consolidated Issue listed on NASDAQ Global Market)
Sierra Wireless, Inc. Issues Q4 2009 Revenue and EBIT Guidance Below Analysts' Estimates; Issues Q4 2009 Earnings Guidance Above Analysts' Estimates
Sierra Wireless, Inc. announced that for the fourth quarter of 2009, it expects consolidated non-GAAP revenue of $143.0 million, earnings (loss) from operations of $6.0 million, net earnings of $5.2 million and earnings per share (EPS) of $0.17. According to Reuters Estimates, analysts were expecting the Company to report revenue of $145.9 million, EBIT of $0.2, net profit of $4.7 million and EPS of $0.15 for the fourth quarter of 2009.
Sierra Wireless, Inc. And Atos Origin Join Their Expertise To Deliver Solution For Large-scale Deployments Of Machine-to-Machine Applications
Atos Worldline, and Sierra Wireless, Inc. announced their collaboration on the Machine-to-Machine (M2M) market. This association reflects the desire on the part of the two companies to deliver solutions that match with the variety of challenges facing vertical markets such as the power, facilities management, retail, health, transport and manufacturing industry sectors. This collaboration makes it possible to provide effective ongoing and global support for business specific issues whilst cutting implementation time. With this alliance, Atos Worldline and Sierra Wireless are bringing together their two M2M services platforms (Worldline M2M and M2MOperatingPortal) to offer a single global product for the Machine-to-Machine market. These open platforms, scalable and feature-rich, combined with significant processing power and hosting capacity, provide a solid foundation for large-scale deployment of these solutions in Europe. This combination is the basis for the rapid implementation and the reliable and secure operation of various M2M applications including: automated metering, automated remote payment, real-time inventory management across multiple sites, and asset tracking.
MobiPower Aelects Sierra Wireless, Inc. For Asset Protection Solution
Sierra Wireless, Inc. and MobiPower announced their agreement to collaborate in the development of stolen vehicle recovery and asset protection solutions based on Sierra Wireless embedded cellular modules. The brain of the device is to be a Sierra Wireless WMP100 Wireless Microprocessor, which hosts an Open AT application and communicates information via cellular connection to the Internet, enabling remote monitoring of vehicles and other personal property.
Vodacom Launches Tracking SIM Card Using Sierra Wireless, Inc.'s inSIM Technology
Sierra Wireless, Inc. announced that Vodacom has launched a SIM card for vehicle tracking, based on the inSIM technology from Sierra Wireless. The inSIM embedded SIM component was designed and developed by Wavecom, now part of Sierra Wireless. This new technology will be deployed by Vodacom and will be used by Tracker, South Africa's leading stolen vehicle recovery and fleet management company. Vodacom provides Tracker with its network services.
ORBCOMM Inc. Selects Sierra Wireless, Inc. To Deliver Subscription And Device Management Capabilities For M2M Web Services Platform
ORBCOMM Inc. and Sierra Wireless, Inc. announced that they have entered into an agreement to integrate capabilities of Sierra Wireless's M2M services platform (M2MOperatingPortal) within ORBCOMM's web services portal to enable customers to control their M2M services, devices, and communications. ORBCOMM's web services portal, expected to be commercially released in the first quarter of 2010, will combine comprehensive subscriber management functions with many capabilities for device management.
