KERLINK (EPA:ALKLK) - Kerlink Ramps Up to Meet International Demand For Its LoRa® Network Solutions and Continue Its Rapid Expansion

Transparency directive : regulatory news

26/10/2017 18:48

PRESS RELEASE

   Kerlink Ramps Up to Meet International Demand For Its LoRa(r) Network
                Solutions and Continue Its Rapid Expansion

  The Company Has Emerged as a Leading Global Supplier of Cost - effective,
  Energy - efficient Internet of Things Connectivity, as Revenue Maintains
                              Strong Growth

THORIGNÉ FOUILLARD, France - Oct. 26th, 2017, 06:00 PM CET - Ramping up its
capability to accelerate its international expansion, Kerlink (ALKLK -
FR0013156007) a specialist and global leader in network solutions dedicated to
the Internet of Things (IoT), has added two seasoned wireless and IoT
professionals to capitalize on the company's rapidly growing opportunities in
the Americas, Asia Pacific and other major markets.

"Kerlink's strong financial results and rapid expansion in diverse
international markets clearly demonstrate the increasing demand for our
LoRaWAN(TM) products and services," said Kerlink CEO William Gouesbet. "These
senior-staff additions bring key experience, connections and industry expertise
to help Kerlink realize the opportunities before us and pursue our goal of
achieving EUR70 million in revenue in 2020."

This year, Kerlink announced nationwide LoRaWAN(TM) rollouts with companies in
India and Argentina, as well as deployment partnerships with IoT network
providers in Belgium, Poland, Ireland and Germany. While Europe represents a
vital market for Kerlink, the company's overseas expansions are providing the
biggest boost to growth. It recently reported revenue of EUR10,1 million for
the first six months of 2017, an 87 percent increase over the same period in
2016.

To help continue this growth rate and expand the company's international
footprint, Benjamin Maury joins Kerlink as global head of business development
and strategic partnerships. He brings more than 15 years of experience helping
companies create and implement strategies for M2M and IoT business models for
smart- city, security, automotive, telematics and other fast-growing IoT
sectors. Strategically positioned at the center of the LoRa(r) ecosystem,
Kerlink aims at crystalizing a strong network of partners around its IoT
network solutions and value-added services. Maury will help accelerate the
launch of key technology and business partnerships, to inspire creativity for
designing connected devices, trigger development of innovative applications,
and identify additional business opportunities in international markets.

Carlos Briceno joins Kerlink as senior director of sales and business
development for Kerlink Inc., the Chicago- based subsidiary that will develop
and manage the company's expansion in North, South and Central America. His
duties include developing the strategy for profitable revenue growth of all
products and services within those diverse markets, and strengthening the
Kerlink Inc. organization. Carlos has more than 20 years of experience in
wireless telecommunications, Wi-Fi and IoT. As the founder of Briceno
Consulting, a U.S.- based firm, he worked with clients such as InterDigital
Inc., an industry leader in designing and developing advanced technologies for
mobile communications; Qowisio, a French provider of IoT solutions for
low-power, wide-area networks, and BCSG, a U.K. company that provides
cloud-based solutions to customers worldwide...

Kerlink, a co-founder and board member of the LoRa Alliance(TM), in the past
two years has emerged as one of the world's largest suppliers of base stations
and other equipment that power LoRaWAN(TM) IoT networks. That growth also has
been driven by the network design-and-management services the company added to
its offering, making it a complete IoT solution provider for large telco
deployments, and to support smart cities and companies in setting-up dedicated
private networks.

About Kerlink
Kerlink, a co-founder and board member of the LoRa Alliance(TM), specialises in
network solutions for the Internet of Things (IoT). Its mission is to provide
its clients - telecom operators, businesses and public authorities
- with equipment, software and services to design, launch and operate IoT
networks. Over the past three years, Kerlink has invested more than EUR8
million in R&D. In just over 10 years, more than 70,000 Kerlink installations
have been rolled out for more than 260 customers, including major telecom
operators such Tata Communications, and utilities such as GrDF and Suez. The
company's solutions are enabling IoT networks worldwide with major deployments
in Europe, South Asia and South America. In 2016, Kerlink generated revenues of
EUR14.1 million, 25 percent internationally. Since 2013, it has posted average
annual growth above 50 percent. Kerlink has been listed on Euronext Growth
Paris since May 2016 and was added to the EnterNext PEA-PME 150, an index of
150 fast-growing French SMEs in 2017.

For more information, visit www.kerlink.com or follow them on Twitter
@kerlink_news.

About LoRaWAN(TM) Technology
The technology used in a LoRaWAN(TM) network is designed to connect low-cost,
battery-operated sensors over long distances in harsh environments that were
previously too challenging or cost-prohibitive to connect. With its unique
penetration capability, a LoRaWAN(TM) gateway deployed on a building or tower
can connect to sensors more than 10 kilometres away or to water meters deployed
underground or in basements. The LoRaWAN(TM) protocol offers unique and
unequalled benefits in terms of bidirectionality, security, mobility and
accurate localization that are not addressed by other LPWAN technologies. These
benefits will enable the diverse use cases and business models that will grow
deployments of LPWAN IoT networks globally.

About the LoRa Alliance(TM)
The LoRa Alliance(TM) is an open, non-profit association that has grown to over
500 members since its inception in March 2015, becoming one of the largest and
fastest-growing alliances in the technology sector. Its members are closely
collaborating and sharing their experience to promote the LoRaWAN(TM) protocol
as the leading open global standard for secure, carrier-grade IoT LPWAN
connectivity. With the technical flexibility to address a broad range of IoT
applications, both static and mobile, and a certification program to guarantee
interoperability, LoRaWAN(TM) has already been deployed by major mobile network
operators globally, with wide expansion anticipated in 2017. For information
about joining the LoRa Alliance(TM), please visit the membership page.

                             Upcoming event
           2017 full year revenue: 30 January 2018 after market

ACTIFIN

Investor Contact for Kerlink
Actifin
Benjamin Lehari
+33 (0)1 56 88 11 25
blehari@actifin.fr

MIL

Press & Analyst Contact for Kerlink
Mahoney Lyle
Amélie Ravier
+33 (0)6 64 52 81 10
aravier@mahoneylyle.com

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KERLINK (EPA:ALKLK) - Kerlink Ramps Up to Meet International Demand For Its LoRa® Network Solutions and Continue Its Rapid Expansion

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