Leuven, Belgium – November 3, 2014 – Option (EURONEXT: OPTI; OTC: OPNVY), the company connecting Things to the Cloud, today announces a manufacturing and supply agreement with USRobotics®, a division of UNICOM® Global. This means that USRobotics will commercialize certain Option products under the USRobotics brand.
Frank Deschuytere, CEO of Option, is pleased with this agreement: “The successful adoption of M2M devices depends to a large extent on reliable and flexible devices. The experience and know-how of Option, now more than 25 years a pioneer in wireless communications, combined with the quality and reliability of Option’s products and the flexibility of the organization, makes Option an excellent choice for companies to enhance their M2M offerings. For Option, private label agreements of this kind offer extra opportunities and access to new distribution channels and end-customers.”
“UNICOM Global is excited to enable our USRobotics division to enter into this agreement with Option,” said Corry Hong, UNICOM Global’s founder, president and CEO. “There is enormous value in the USRobotics brand on a global basis, as a leader in providing Internet connectivity solutions through a wide range of products, and this partnership provides further expansion and leverage of that brand benefitting both companies.”
In the past years, small to medium-sized businesses have undergone technology transitions due to increased availability of big data products and access, as well as the convergence of data, voice, and video applications. As M2M technology is becoming a standard for these types of companies, USRobotics was looking for opportunities to further enhance its M2M offerings, following the changing needs of their customers.
Thanks to its strengthened product portfolio, USRobotics can now offer its clients and sales channels a wide array of M2M solutions, including remote maintenance and control, monitoring, telematics, asset tracking, security systems and more.