Collaboration with BlackBerry seeks to develop
next generation network performance management solutions for
IoT.
OTTAWA, Dec. 12, 2018 /CNW/ - Martello Technologies
Group Inc. ("Martello") (TSXV: MTLO), a leading provider of
network performance management solutions for real-time
communications, announced today that it has been selected alongside
six other promising Canadian technology companies to participate in
the BlackBerry/L-SPARK Accelerator Program. Spanning more than six
months and focused on intensive, one-on-one, training, the
accelerator program is designed to bring new products to market
using BlackBerry QNX technology.
As part of the new accelerator program, BlackBerry will help
Martello research and develop network solutions that deliver high
performance services on the increasingly complex networks created
by the Internet of Things (IoT). According to Gartner, in its
December 2017 report, Forecast:
Internet of Things — Endpoints and Associated Services, Worldwide,
2017, the global IoT market will reach 25.1 billion endpoints by
2021, with total spending on endpoints and services reaching
$3.9 trillion in 2021. From
autonomous vehicles to smart cities, real-time IoT applications
create network complexity, and Martello's technology can help
manage network resources, capacity and performance for these
real-time IoT applications.
"Martello has all the necessary ingredients to help optimize the
possibilities of the IoT and we're excited to provide training,
access to technology, and expertise through the BlackBerry L-SPARK
Accelerator Program to further accelerate their growth in the
automotive sector," said Grant
Courville, VP, Product Management and Strategy, BlackBerry
QNX, BlackBerry.
"Secure delivery of high performance services using the best
available networks is critical to the success of IoT," said
John Proctor, President and CEO of
Martello. "The BlackBerry L-SPARK Accelerator Program
exemplifies the collaborative spirit of the Canadian tech
ecosystem, and we look forward to working with BlackBerry to
bring simplicity to the increasingly complex network requirements
created by IoT."
Martello's proven solutions, already deployed in more than 150
countries around the world, continue to be recognized by industry.
In October, the company received the Outstanding Information &
Communications Technology Company (ICT) Recognition Award from
IEEE, and in September, Martello was recognized with a Frost &
Sullivan Leadership Award for NPM (Network Performance
Management) and was also ranked as Ottawa's Fastest Growing Company on the Growth
500 list of Canada's Fastest
Growing Companies. In August 2018,
the company received the INTERNET TELEPHONY SD-WAN Product of the
Year Award, and in June 2018 Martello
debuted on the Branham300 listing of Canada's top ICT companies.
About Martello
Martello's solutions manage and
optimize the performance of real-time services on cloud and
enterprise networks. Our solutions, which include network
performance management software and SD-WAN technology, allow over
the top (OTT) service providers and enterprises around the world to
deliver better service quality and a reliable user experience.
Designed for real-time communications such as voice and video,
Martello's solutions detect, identify and address network
performance problems BEFORE service quality is impacted. For
information, visit: http://www.martellotech.com.
FORWARD LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and
uncertainties. Actual results could differ materially from those
anticipated in such forward-looking statements as a result of
numerous factors, some of which may be beyond the Corporation's
control. These factors include: general market and industry
conditions, risks related to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management on the date the statements
are made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
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accuracy of this release.
SOURCE Martello Technologies Group