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KORE Showcasing Industrial IoT Solutions at Smart Factory Expo 2023

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KORE experts to talk eSIM, connectivity and pre-configured solutions for simplifying Industrial IoT adoption.

ATLANTA (June 2, 2023)KORE, the global pure-play Internet of Things (“IoT”) hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, will showcase its robust set of Industrial IoT solutions at Smart Factory Expo 7-8 June 2023 in Birmingham, England.

The focus on 5G technology, along with the latest developments in private networks, edge computing and artificial intelligence, is key to empowering varieties of applications to help address workforce challenges, efficiency, sustainability, and other key challenges in the manufacturing sector. KORE, with ongoing innovations and investments in its solution IndustrialProTM, is well-positioned to revolutionize the adoption of IoT in this industry.

“The potential of Industrial IoT is massive, but the path to success can be complex,” KORE President and CEO Romil Bahl said. “Manufacturing and industry operations leave little room for error, so the solutions that power these Industrial IoT applications need to be resilient and streamlined. KORE is proud to deliver a solution set that can meet these challenges to help usher in the next Industrial Revolution.”

KORE is thrilled to demonstrate its IndustrialProTM, a subscription-based, cloud-native, multi-tenant platform that helps users digitally transform their organizations. This pre-configured solution allows users to connect to any machine, collect data, and securely store it in the cloud. IndustrialProTM delivers advanced data analytics and additional predictive condition-based monitoring to offer greater business efficiency, reduced downtime and higher throughput.

KORE also offers robust connectivity solutions, including award-winning eUICC eSIM, OmniSIMTM, and Tier 1 global 4G LTE and 5G as primary connectivity, or as failover for wired solutions. Join KORE at Smart Factory 2023 at Stand H65 to learn more about their IndustrialProTM solutions or book time to speak in greater detail. KORE will also be presenting on 7 June at 10:30 a.m. GMT on “IoT 101 Workshop: Enabling Factories for the Future” and on 8 June at 1:30 p.m. GMT on “Transform Your Operations with Data Intelligence.”

Register here for the event and book time here to meet with KORE during Smart Factory Expo.

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 korewireless.com

KORE Investors Contact
Charley Brady
Vice President, Investor Relations

KORE Media Contact
Carla Deisenroth
Vice President, Strategy & Marketing


Forward-Looking Statements

The Company’s expectation regarding the timing of the filing of the 10-K and the expectation of the effect of misstatements in prior financial periods are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  The actual timing of the filing and the effect of the misstatements may differ significantly from the Company’s expectation due to a number of risks and uncertainties, including the Company and its independent auditors’ inability to complete the work required to file the Annual Report in the anticipated time frame.

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 KORE’s future product or service offerings, 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, 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 anticipates 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.

Topic(s): Featured , General

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