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Last updated on April 18, 2014 at 21:21 EDT

Wyless Announces Agreement to Acquire ASPIDER M2M

February 18, 2014

BOSTON and WOERDEN, The Netherlands, February 18, 2014 /PRNewswire/ –

Wyless, the global leader in M2M managed services today announced an agreement to
acquire ASPIDER M2M, the European leader in M2M MVNE solutions.

Headquartered in the Netherlands, ASPIDER M2M provides a broad range of advanced
M2M/IOT applications to global customers, principally in the Benelux and for the German
speaking markets, where they maintain multiple offices. ASPIDER M2M runs its own Cisco and
Oracle based core network of GGSNs, HLRs and Intelligent Network. This allows ASPIDER M2M
to act as an MVNE for M2M/IOT and to provide an operator independent solution. Wyless will
complement its portfolio with these solutions that ASPIDER M2M has deployed to large
customers like Philips Lighting and Stedin, a public utility in Holland.

As part of the acquisition, ASPIDER HOLDING Chairman & founder Jan Willem van Doorn,
will join the Wyless Board of Directors, and Michel Zwijnenberg, ASPIDER M2M Vice
President, will take a Senior Exec role within Wyless Europe PLC, resulting from Aspider’s
integration with Wyless UK.

Dan McDuffie, CEO Wyless, commented: “This combination of our existing presence in the
UK and Switzerland with ASPIDER’s dominance in Benelux and rapidly expanding footprint in
Germany strengthens the Wyless position in continental Europe, provides core network
expertise into our product portfolio and brings a group of great people into the business,
spearheaded by ASPIDER M2M Vice President Michel Zwijnenberg and his team, who built the
M2M business within parent company ASPIDER HOLDING. ASPIDER’s Intelligent Network
solutions also enable Wyless to serve worldwide SMEs in a prepaid Google style model.”

Michel Zwijnenberg, Vice President ASPIDER M2M said; “I believe strongly in the
emerging Internet of Things market. There will be a premium for the company being the 1st
to claim leadership in this market and I want to be a part of that company. ASPIDER has a
focus on offering core-network based solutions in the areas of operator independence,
security and outsourced billing via its prepaid IN. Wyless has lately been focused on
building more complete and complex end-to-end solutions around IOT deployments. Product
wise this is a perfect fit and together I believe that we can win the market with our
think Global act Local approach.”

About Wyless

Wyless is a global leader in end-to-end secure managed solutions for the M2M and
Internet of Things marketplace. Our resilient network and platform is delivered in
partnership with over 15 of the world’s largest network operators. Our teams enable fast,
efficient and real time services to support our global and local enterprise customers as
well as our mobile network operator and distribution partners to reliably deploy, deliver
and maintain mission critical embedded digital solutions around the world every day.

For more information, please visit http://www.wyless.com

About ASPIDER M2M

ASPIDER M2M is an independent supplier of M2M/IOT solutions for Mobile Operators,
MVNOs, Resellers and End-customers. Running its own core network, ASPIDER M2M delivers a
worldwide operator agnostic managed connectivity solution. SecureM2M, , prepaid M2M
propositions and IoT outsourced billing solutions complement the M2M/IOT product offering.
Over 150 organizations worldwide, including large multinationals, already rely on ASPIDER
M2M to provide business critical technical services and operational systems in the field
of M2M/IoT. For more information: http://www.aspiderm2m.com

        For media inquiries, please contact:
        Barry Nay, CMO
        Wyless
        +44(0)7515-586-283
        barry.nay@wyless.com

http://www.wyless.com

SOURCE Wyless and ASPIDER M2M


Source: PR Newswire