KORE moves to Pittsford
location to expand managed services to IoT customers
PITTSFORD, N.Y., May 24, 2022
/PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet
of Things (IoT) solutions and worldwide IoT
Connectivity-as-a-Service (CaaS), celebrated the ribbon cutting of
its new location in Pittsford,
N.Y. This strategic move is due to KORE's need for
additional space for its managed service business.
The event included presentations from KORE executives:
Romil Bahl, CEO and President and
Bryan Lubel, Executive Vice
President of Connected Health, as well as Town of Pittsford Supervisor William Smith, Jr. and was attended by state and
local dignitaries as well as more than 75 employees. The
ribbon cutting was followed by a tour of the new facility and a
hands-on demonstration of KORE's Connected Health solution.
"KORE is extremely proud to celebrate the culmination of a lot
of hard work to move to a much larger facility here in the
Rochester area," KORE President
and CEO Romil Bahl said. "It's also
a proud moment to recognize that this is a move where we outgrew
our previous facility, so it is a testament to the growth in our
company. We look forward to this new location in Pittsford and becoming part of the community,
as well as being able to better serve our customers."
The Pittsford location is vital
to the growth of KORE's IoT managed services, especially in the
Connected Health industry. Connected Health is a growing IoT
industry that connects patients to providers through handheld
devices and hardware in remote patient monitoring solutions such as
diabetes and chronic disease management or mobile Personal
Emergency Response Systems (mPERS) that support holistic safety and
wellness care for loved ones.
As an IoT services and solutions provider, KORE makes it simple
for organizations leveraging IoT to deploy, manage, and scale
solutions. KORE kits and configures hardware used in IoT solutions
and ships them to its customers, as well as manages end of
lifecycle care for this hardware.
"We are particularly proud of our ability to provide regulatory
compliant managed services to serve Connected Health industries.
It's a highly unique selling point, because IoT in healthcare
requires rigorous quality, security and regulatory compliance to
serve our customers and their patients," said KORE EVP of Connected
Health Bryan Lubel.
KORE previously located its managed services operations in
Rochester, N.Y.
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 growth and anticipated demand of KORE's
products and services, projections of market opportunity and
conditions and related expectations. 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; risks relating to the integration of KORE's
acquired companies, including Business Mobility Partners Inc and
Simon IoT LLC, 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