Embedded wireless asset monitoring solution provider Wiless Controls Inc. has partnered with Metropolitan Industries Inc. to hasten the production and distribution of Wiless' machine-to-machine solution, a system that allows for the remote management of commercial, consumer and industrial applications.
The partnership between both companies will bring together the tools necessary to develop an infrastructure that enables rapid, targets market penetration; provide research and development for new products and applications; allow for the production of components such as wireless sensors; and assist in managing the network through features such as user interface.
"Over the last year, our relationship with Metropolitan has grown stronger and more expansive," Michel St-Pierre, CEO of Wiless Controls, said in a statement. "Metropolitan has been integral in the development of our M2M package, including our beta launch last year. As we are now ready for a commercial launch of the product, partnering with a company with the portfolio of clients, staff, and financial strength of Metropolitan provides us invaluable resources to penetrate multiple verticals simultaneously. We could not be more pleased to have formalized our relationship and look forward to the successful commercialization of our M2M technology."
Metropolitan Industries is looking forward to its new partnership with Wiless Controls.
"In business for more than 50 years, with clients from consumers to government, Metropolitan's size and production expertise will greatly supplement Wiless Controls' innovative product development," John Kochan, Jr., CEO of Metropolitan Industries, said in a statement.
"We have exhibited the system at trade shows and have an operational demonstration running at our facilities, which has resulted in on-the-spot sales and a tremendous amount of interest already. We are excited about where this new alliance with Wiless Controls can lead both the near and long term."
In related news, a recent report from Research and Markets found that M2M device connections is expected to rise to 2.1 billion by the year 2021, compared to the 100 million connections reported in 2011.
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Edited by Brooke Neuman