ATLANTA, Nov. 22, 2021 /PRNewswire/ -- KORE (NYSE:
KORE), a global leader in Internet of Things (IoT) solutions and
worldwide IoT Connectivity-as-a-Service (CaaS), announced
today the launch of KORE OmniSIM™, a true global eSIM solution that
makes IoT connectivity more accessible and seamless across the
globe.
Next-generation connectivity, KORE OmniSIM™ provides zero-touch
provisioning and global resilient connectivity.
"Innovation and a pioneering spirit are embedded deeply into our
DNA at KORE, and the launch of OmniSIM further positions us as the
leading eSIM provider for the Internet of Things," said KORE
President and CEO Romil Bahl. "We're
entering what I like to call the 'Decade of IoT', and in order to
deliver on the growth that we expect, eSIM technologies will be a
key enabling factor to the explosion of IoT solutions
globally."
OmniSIM allows customers to leverage zero-touch provisioning and
true global connectivity for out-of-the-box coverage that ensures
IoT solutions are always on the right network for a customer's
service needs. There are two offerings within the product suite:
OmniSIM Reach™ and OmniSIM Rush™. These are the
first of many scheduled offerings with more planned for early next
year.
OmniSIM
Reach provides global connectivity on KORE eSIM
technology and enables roaming access to nearly 600 networks in 198
countries. It is differentiated in the market through its delivery
of resilient coverage across multiple available networks per
country. Built on a centralized multi-IMSI design, OmniSIM Reach
combines KORE roaming sponsors so that customers get the best price
while maintaining the widest coverage.
OmniSIM Rush is
an extremely powerful eSIM offering that is designed to deliver
high-bandwidth performance, while maintaining flexible and
automated carrier options. It removes the headaches often
associated with global IoT deployments and is an optimal solution
for high-usage plans from 100MB/month and up. OmniSIM Rush is
available in the U.S. and Europe
through 61 networks in 34 countries.
Recently awarded with "High Flyer" status for eSIM connectivity
by Kaleido Intelligence, KORE has been recognized with the most
advanced portfolio of true eSIM and multi-IMSI capabilities.
"KORE combines a rich portfolio of carrier eSIM profiles and its
own KORE profiles with multi-IMSI switching capability, in addition
to a highly configurable orchestration engine to support a very
broad range of customer requirements for global IoT operations,"
stated Jon King, Chief Commercial
Officer of Kaleido Intelligence. "The solution allows customers to
reduce time-to-market while optimizing quality of service and
compliance requirements based on customer needs and the regulatory
environment."
RCR Wireless and KORE will be hosting an informational webinar
entitled "Unmasking the Pretenders: Understanding True eSIM Design
and Next-Generation Connectivity" on December 15, 2021.
About KORE
KORE is a pioneer, leader, and trusted
advisor delivering mission critical IoT solutions and services. We
empower organizations of all sizes to improve operational and
business results by simplifying the complexity of IoT. Our deep IoT
knowledge and experience, global reach, purpose-built solutions,
and deployment agility accelerate and materially impact our
customers' business outcomes. For more information, visit
www.korewireless.com.
Cautionary Note on Forward-Looking Statements
This
press release includes certain statements that are not historical
facts but are forward-looking statements for purposes of the safe
harbor provisions under the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements generally
are accompanied by words such as "believe," "may," "will,"
"estimate," "continue," "anticipate," "intend," "expect," "should,"
"would," "plan," "predict," "potential," "seem," "seek," "future,"
"outlook," and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These forward-looking statements include, but are not limited to,
statements regarding estimates and forecasts of revenue and other
financial and performance metrics and regarding future product and
service offerings. These statements are based on various
assumptions and on the current expectations of KORE's management.
These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as and must not be
relied on by any investor or other person as, a guarantee, an
assurance, a prediction or a definitive statement of fact or
probability. Actual events and circumstances are difficult or
impossible to predict and will differ from assumptions. Many actual
events and circumstances are beyond the control of KORE. These
forward-looking statements are subject to a number of risks and
uncertainties, including general economic, financial, legal,
political and business conditions and changes in domestic and
foreign markets; the potential effects of COVID-19; risks related
to the rollout of KORE's business and the timing of expected
business milestones; changes in the assumptions underlying KORE's
expectations regarding its future business; the effects of
competition on KORE's future business; and the outcome of judicial
proceedings to which KORE is, or may become a party. If the risks
materialize or assumptions prove incorrect, actual results could
differ materially from the results implied by these forward-looking
statements. There may be additional risks that KORE presently does
not know or that KORE currently believes are immaterial that could
also cause actual results to differ materially from those contained
in the forward-looking statements. In addition, forward-looking
statements reflect KORE's expectations, plans or forecasts of
future events and views as of the date of this press release. KORE
anticipate that subsequent events and developments will cause these
assessments to change. However, while KORE may elect to update
these forward-looking statements at some point in the future, KORE
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing KORE's assessments as of any date subsequent to the
date of this press release. Accordingly, undue reliance should not
be placed upon the forward-looking statements.
KORE Investor and Media Contact:
Alisa Moloney
KORE
Email: amoloney@korewireless.com
Investors:
investors@korewireless.com
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SOURCE KORE Wireless