iMetrik M2M Solutions Inc.
will use its iMetrik platform, including embedded devices, global network, and web applications, to bring solutions to the Machine-to-Machine market.
iMetrik M2M Solutions Inc. will have the exclusive right to market and distribute M2M solutions for stationary asset markets worldwide using the iMetrik technologies developed over the last six years, as well as developing new applications based on the iMetrik platform. This includes industrial, commercial, and personal market segments such as building management, lighting systems, vending machines, point of sale terminals, information technology equipment, power supply systems, security, remote healthcare monitoring, and mobile Internet devices.
iMetrik's M2M technology enables remote monitoring and selective enabling, disabling, or any other command, wirelessly, over targeted equipment and services from virtually anywhere to anywhere in the world. With exclusive access to a rich, well-defined, proven and certified suite of components that covers every layer from the end-device through the network and all the way to the end user's software interface, iMetrik M2M will be capitalizing on more than six years of research and development in the rapidly growing wireless machine-to-machine communications market.
Based on the strength of the end-to-end solution it now offers to stationary markets as the sole worldwide provider of iMetrik technology, iMetrik M2M has engaged in discussions with various institutions in the credit management, equipment monitoring, and pay-per-use market segments, and has initiated pursuit of strategic partnerships in the healthcare, security and energy sectors, which together represent a market worth billions of dollars and which is expected to grow at double-digit annual rates.