NEC and Wyless form Strategic M2M Service Partnership - Focus on end-to-end M2M services

NEC Corporation (NEC; TSE: 6701) and Wyless Inc., the leading provider of global machine-to-machine (M2M) wireless connectivity solutions and managed services, have signed a memorandum of understanding (MOU) to form a strategic alliance to explore end-to-end M2M service opportunities.

Under this agreement, NEC will promote Wyless’ advanced management software “Porthos” to mobile network operators and enterprises worldwide. In addition, NEC will add “Porthos” to its enhanced M2M CONNEXIVE solutions. This converged solution enables mobile network operators and enterprises to maximize user experience while minimizing their operating costs and optimizing their revenue from rapidly increasing M2M connectivity services. Furthermore, in return, Wyless will promote NEC’s M2M CONNEXIVE solutions to its customers.

“This partnership with Wyless is an ideal opportunity to mutually extend our M2M business capabilities to customers throughout the world,” said Mr. Shigeru Okuya, Vice President and Senior General Manager, NEC Corporation. “NEC is at the forefront of M2M and cloud technologies that require integrated network, IT and device technologies as well as interoperable applications and device interfaces. NEC’s CONNEXIVE solutions provide comprehensive control of M2M services and devices for a wide range of business fields.”

“The benefits of this NEC/Wyless offering will provide MNO and Large Enterprise partners with both increased transparency and end to end solutions, allowing them to more effectively manage both the growth and risk of their M2M business,” said Mr. Ryan Keefe, VP Global Business Development at Wyless. “We believe that the joint solution will offer the market a comprehensive suite of services that is unrivaled in the industry and we are looking forward to promoting our joint services with NEC.”

 [May 7, 2012]

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