Elektron Technology Selects Xively to Develop Next-Generation Connected Products on the Internet of Things

Elektron Technology Selects Xively to Develop Next-Generation Connected
Products on the Internet of Things

Xively Helps Elektron Speed Time-to-Market of New Services to Harness the
Power of Data

BOSTON, Sept. 18, 2013 (GLOBE NEWSWIRE) -- Xively, a subsidiary of LogMeIn
(Nasdaq:LOGM) and creator of the first public cloud platform for the
commercial Internet of Things (IoT), today announced that Elektron Technology
is building its next generation of connected solutions on the Xively IoT
platform. By using Xively to evolve its product lines, Elektron can rapidly
deliver a new breed of IoT-powered, subscription-based monitoring and control
services designed to enhance customer relationships and create new revenue
opportunities.

Elektron is also engaging Xively Consulting Services to help conceptualize and
design its new offerings, which will build on the company's core technologies,
skills and market leading brands.[See separate release on Xively Consulting
Services, announced today.]

"We're committed to helping customers transform their operations by harnessing
the data our products produce and turning it into highly actionable,
business-changing information. The Internet of Things is the best way to make
this happen and Xively is the ideal partner to help accelerate the migration
from innovation to practical solutions. Xively is the only vendor that could
provide the complete set of IoT enablers—the IoT platform, consulting services
and partner ecosystem—we needed to create truly connected experiences," said
David Davies, Group Head of Instrumentation, Monitoring & Control at Elektron
Technology. "Xively's IoT platform enables the reliably-connected,
highly-scalable and easy-to-manage offerings that are critical to our success.
And by working with Xively Consulting Services, we benefit from experts who
understand what it takes to develop and manage connected solutions that
deliver real value."

"We're thrilled that Elektron, which is renowned for groundbreaking solutions,
has chosen Xively as the foundation of its next-generation, IoT-based
offerings," said Les Yetton, General Manager, Xively. "It's exciting to help
such an innovative company move from ideation to realization, and reap the
amazing benefits that IoT promises."

By building Xively-powered connected offerings, Elektron expects to:

  oMake it easy for Elektron customers to capture data collected by its
    products and stored and managed on Xively Cloud Services, and use that
    data to its full potential to advance their businesses.

  oCreate and deliver ongoing value to its customers, moving from selling
    products to providing ongoing services. Through IoT subscription-based
    services, Elektron will gain a much better understanding of customer needs
    and usage patterns to create more compelling offerings.

  oSpeed the time-to-market of innovative, high-value connected commercial
    services and gain competitive advantage through differentiated offerings.

To hear more about Elektron's Xively-enabled offerings, watch this video.

About Xively

Xively provides the first public cloud purpose-built for the Internet of
Things (IoT). Xively's Platform as a Service (PaaS) helps companies simplify
and accelerate development of a new generation of IoT-connected products by
allowing businesses of all sizes to focus on their innovation, instead of
infrastructure, and bring compelling connected offerings to market at
significant cost savings. Through the power of Xively's Connected Object
Cloud™, solutions can securely and selectively interconnect, creating an
exponential effect.A subsidiary of LogMeIn (Nasdaq:LOGM), Xively is
headquartered in Boston's Innovation District. https://xively.com

About Elektron Technology

Elektron Technology is a global business that innovates, designs and
manufactures market-leading products and applications to monitor, control and
connect in thousands of different ways.The Group has a broad portfolio of
products that play a critical role in many industries from rubber production
and food preparation to semiconductors and emergency vehicle systems.The
Group's products are sold worldwide to over 7,000 customers with some 100,000
end-users across all seven continents and even in space. Elektron Technology
is headquartered in Cambridge, England and is traded on the AIM market of the
London Stock Exchange. www.elektron-technology.com

CONTACT: Press contacts for Xively:
         UK inquiries: Xively@hotwirepr.com
         US inquiries: Xively@bakercg.com

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