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Numerex Expands its Capabilities in Critical Remote Monitoring

        Numerex Expands its Capabilities in Critical Remote Monitoring

PR Newswire

ATLANTA, Feb. 19, 2013

ATLANTA, Feb. 19, 2013 /PRNewswire/ --Numerex Corp (Nasdaq: NMRX), a leading
provider of on-demand and interactive machine-to-machine (M2M) enterprise
solutions, announced the acquisition of certain assets, technology, and
intellectual property – including a portfolio of patents - that will support
and widen its M2M platform capabilities in real-time monitoring of critical
assets and events.

This acquisition consists of certain revenue-generating assets, including
technology in IP and satellite communications, video services, and customer
portal services that enhance interactive platform capabilities. It is expected
that these added capabilities will rapidly expand Numerex's range of critical
monitoring services, addressing the needs of several vertical sectors
including remote monitoring and access control, alarm security, and emergency
services.

Although the acquisition of assets includes an active base of customers that
currently generate recurring revenue, its financial impact will be modest
during 2013. Total consideration for the purchase, as previously disclosed,
was $3.9 million that was allocated about evenly between goodwill and
intangible assets. As a result, amortization charges will approximate $90,000
in the fourth quarter 2012 and $400,000 for the full year 2013. Fourth quarter
2012 general and administration expense will include an estimated $50,000 of
acquisition-related costs. In addition, there will be $15,000 in interest
charges included in the fourth quarter of last year and it is expected that
$60,000 in annual interest charges will be incurred in 2013, as a result of
the transaction structure that included approximately $2 million in
seller-financing.

"We believe that these new assets and additional expertise will give Numerex
customers a wider array of critical remote monitoring choices, and contribute
to strengthening our leadership position in the M2M industry," said Mike
Boyle, EVP of Operations at Numerex. "We will continue to target technology
and talent-rich opportunities that will provide us with new capabilities to
meet our customers' requirements and exceed their expectations." 

With the newly acquired patented technology, Numerex's customers will gain
access to a complementary set of options and technical support in
broadband-based M2M application management, which leverages the pervasiveness
of the Internet and Numerex's efficient solution development and deployment
capabilities.

The technology enhancements, as they are incorporated into Numerex's M2M
Service Delivery Platform, are designed to be sold by broadband service
providers and others that plan to offer next generation M2M solutions to their
customers. Users of Numerex M2M platforms will be able to remotely control
their applications, view live video or event-driven video clips, and more from
their iPhone, iPad, Android device, PC or Mac.

About Numerex
Numerex Corp (NASDAQ: NMRX) is a leading provider of interactive and on-demand
machine-to-machine (M2M) technology and services, offered on a subscription
basis, used in the development and support of M2M solutions for the enterprise
and government markets worldwide. The Company offers Numerex DNA® that may
include hardware and smart Devices, cellular and satellite Network services,
and software Applications that are delivered through Numerex FAST® (Foundation
Application Software Technology). In addition, business services are offered
to enable the development of efficient, reliable, and secure solutions while
accelerating deployment. Numerex is ISO 27001 information security-certified,
highlighting the Company's focus on M2M data security, service reliability,
and round-the-clock support of its customers' M2M solutions. For additional
information, please visit www.numerex.com.

^© 2013 Numerex Corp. All rights reserved. Numerex, the Numerex logo and all
other marks contained herein are trademarks of Numerex Corp. and/or Numerex-
affiliated companies. All other marks contained herein are the property of
their respective owners.

Statements contained in this press release concerning Numerex that are not
historical fact are "forward-looking" statements and involve important risks
and uncertainties. Such risks and uncertainties, which are detailed in
Numerex's filings with the Securities and Exchange Commission, could cause
Numerex's results to differ materially from current expectations as expressed
in this press release. These forward-looking statements speak only as of the
date of this press release, and Numerex assumes no duty to update
forward-looking statements.

Numerex Corp Contact:
Alan Catherall
770-485-2527

Investor Relations Contact:
Seth Potter
646-277-1230

SOURCE Numerex Corp

Website: http://www.numerex.com