PALO ALTO, Calif. and
TORONTO, Aug. 24, 2020 /PRNewswire/ -- Inpixon
(Nasdaq: INPX), a leading indoor data company that delivers Indoor
Intelligence™ solutions, today announced it has received
certification for its new multi-technology sensor from the U.S.
Federal Communications Commission (FCC).
"We are pleased to receive this certification from the FCC for
our new multi-technology sensor, which follows the recently
announced FCC certification of our UWB module," commented
Nadir Ali, CEO of Inpixon. "We
believe we are one of the only vendors that has developed a sensor
capable of detecting cellular, Wi-Fi, BLE and UWB which is
also integrated with an Indoor Intelligence platform that includes
mapping, analytics and device positioning. Inpixon's comprehensive
technology with the ability to provide positional accuracy in under
30 centimeters for wireless devices and asset tags enables a
powerful, diverse set of use cases, from cybersecurity situational
awareness and rogue device detection to asset tracking and visitor
management. We will continue to build on our engineering
accomplishments as we develop additional innovations to fuel our
product offering and capture an increasing share of the
fast-growing1 location-based services (LBS) and
real-time location systems (RTLS) markets."
About Inpixon
Inpixon® (Nasdaq: INPX) is the Indoor Intelligence™ company that
specializes in capturing, interpreting and giving context to indoor
data so it can be translated into actionable intelligence. The
company's Indoor Intelligence platform ingests diverse data from
IoT, third-party and proprietary sensors designed to detect and
position active cellular, Wi-Fi, UWB and Bluetooth devices. Paired
with a high-performance data analytics engine, patented algorithms,
and advanced mapping technology, Inpixon's solutions are leveraged
by a multitude of industries to do good with indoor data. This
multidisciplinary depiction of indoor data enables users to
increase revenue, decrease costs, and enhance safety. Inpixon
customers can boldly take advantage of location awareness,
analytics, sensor fusion and the Internet of Things (IoT) to
uncover the untold stories of the indoors. For the latest insights,
follow Inpixon on LinkedIn, Twitter, and
visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on
historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. While management has based any forward-looking statements
included in this release on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of the
control of Inpixon and its subsidiaries, which could cause actual
results to materially differ from such statements. Such risks,
uncertainties, and other factors include, but are not limited to,
the fluctuation of economic conditions, the impact of COVID-19 on
Inpixon's results of operations, the performance of management and
employees, the regulatory landscape as it relates to privacy
regulations and their applicability to Inpixon's technology,
Inpixon's ability to maintain compliance with Nasdaq's minimum bid
price requirement and other continued listing requirements,
including during a panel monitoring period ending on February 5, 2021, the ability to obtain
financing, competition, general economic conditions and other
factors that are detailed in Inpixon's periodic and current reports
available for review at sec.gov. Furthermore, Inpixon operates in a
highly competitive and rapidly changing environment where new and
unanticipated risks may arise. Accordingly, investors should not
place any reliance on forward-looking statements as a prediction of
actual results. Inpixon disclaims any intention to, and undertakes
no obligation to, update or revise forward-looking
statements.
1 MarketsandMarkets projects the location
based services (LBS) and real-time location systems (RTLS) market
will grow from USD $17.8 billion in
2020 to USD $39.2 billion by 2025, at
a compound annual growth rate (CAGR) of 17.1%.
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SOURCE Inpixon