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Wyconn Joins the Industrial Internet Consortium

Company's Radically Simpler Approach Is Designed to Speed Adoption of the Industrial Internet Across All Sectors

VIENNA, AUSTRIA and MARLBOROUGH, MA -- (Marketwired) -- 06/16/14 -- Wyconn announced today that it has joined the Industrial Internet Consortium, the organization founded earlier this year by AT&T, Cisco, GE, IBM and Intel to support the adoption of the Industrial Internet.

Wyconn's products for OEMs, enterprises, and telecom companies combine the functions of a router, access point, firewall, and gateway and include embedded global SIMs, all managed through a web-based management console. The design of this hardware-software solution lowers the cost and time required for large-scale deployments to connect people, sensors, machines, and organizations.

"The Industrial Internet Consortium was founded as an international organization and we're excited that Wyconn has signed on as one of our first European members," said Dr. Richard Soley, Executive Director of the IIC. "Wyconn understands the practical challenges with large-scale deployments and we look forward to leveraging their expertise as we continue to accelerate the growth of the Industrial Internet."

Sometimes also referred to as Machine to Machine (M2M) or the Internet of Things (IoT), by 2020 the Industrial Internet is projected to connect 50 billion things, with some estimates as high as 200 billion things.

"Through work with some of Europe's largest companies over the last ten years, we've seen firsthand the importance, cost, and complexity of large-scale deployments," said Adi Reschenhofer, CEO of Wyconn. "This is what led us to launch Wyconn last year and, with the introduction of our product line this spring, join the Industrial Internet Consortium."

The radically simpler approach to the design of Wyconn's products combines the simplicity of installing modern consumer products with the web-based tools large enterprises, telecoms, and service providers need to manage devices that number in the hundreds of thousands.

In addition, Wyconn devices run applications that can be deployed, managed, and updated centrally. Standard applications available now include Wyconn Router Companion, pairing a Wyconn device with a remote router or switch for out-of-band management, and Wyconn Branch Connector for enterprises, retail chains, and distributed services companies.

Wyconn will participate in the IIC quarterly meeting in Boston June 18 - 19 and in CTIA's Super Mobility Week (September 9 - 11) in Las Vegas, and will present at M2M Innovation World Congress in Marseille (September 22 - 24).

About Wyconn

Wyconn delivers a radically simpler solution for Industrial Internet/M2M and business connectivity solutions for OEMs, enterprises, and telecom providers with easy-to-install devices, automatic provisioning, cloud-based management, and applications for all industry sectors. Wyconn.com.

About the Industrial Internet Consortium

The Industrial Internet Consortium (IIC) is the open membership, not-for-profit organization that catalyzes and coordinates the priorities and enabling technologies of industry, academia and the government around the Industrial Internet. Announced in March 2014, the IIC addresses the complexities of the Industrial Internet, leading to faster adoption, deployments and transformational business outcomes across the globe.

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