PLANO, Texas and PORTSMOUTH, N.H., Jan. 09, 2019 (GLOBE NEWSWIRE) -- Neosen Energy, a privately held company, developing wirelessly charged systems and printable technologies for next generation IoT systems and Senet, Inc., a leading provider of cloud-based software and services platforms to enable global connectivity and network build-out for the Internet of Things (IoT), today announced a partnership to accelerate the widespread deployment of campus-based LoRaWAN networks for asset and personnel tracking and safety systems. Through this partnership, Neosen Energy will deploy campus safety products connected over Senet’s LoRaWAN network, providing the fastest response geo-locating system on the market.
The long range and low power characteristics of LoRaWAN, coupled with its ability to extend indoors and below street level, make it ideal for deploying wireless sensors across an entire campus or large site at a very low cost. To help accelerate deployment of next generation LPWAN IoT technologies for this environment, Senet and Neosen Energy are working closely to target applications that have the potential to create entirely new IoT ecosystems. Neosen Energy brings system design and cloud computing expertise to applications for disposable and rechargeable IoT devices which, in combination with Senet’s Network and unique model for IoT business engagement, provide a platform for expansion.
Initially focused on the school campus ID Card market - estimated to support more than 31 million users at US-based higher learning institutions alone - Neosen Energy has also partnered with SafeKard, a privately held company that uses patented, leading-edge technology that combines SOS location and access control in a personal wearable device. The SafeKard solution is a slim state-of-the-art ID card holder that accepts any ID Badge Access Key Card, and is equipped with a panic button to send an instant SOS with the user's ID and location. SafeKard is designed for any market that requires ID badges and delivers a superior personal safety solution by addressing the gap in the marketplace of one second to attack vs. seven seconds to dial 911 with cell phone based solutions.
"Collaborating with SafeKard and Senet introduces Neosen Energy to a fast-growing IoT ecosystem," said Paul Garrity, Neosen Energy's CEO. "We are excited to have Senet as our network partner for the next wave of disposable and rechargeable LoRaWAN products. The adoption of these safety devices and solutions is just beginning but we anticipate that it will spread across numerous IoT applications that use ID cards, including college and corporate campuses, hospitals, elderly homes, construction sites, cityscape management associations, asset management and advertising.”
“We are delighted to be collaborating with Neosen and Senet on the development of the latest campus safety devices and systems,” said Norman Harris, spokesperson for SafeKard. “Their expertise in end device architectures and IoT networks provides a solid platform to deploy reliable systems for a broad host of industries,” continued Harris.
“Senet’s Low Power Wide Area Virtual Network (LVN) is ideal for campus environments, providing opportunities for network operators and application providers to deploy large volumes of connected devices at a low cost while leveraging the same network infrastructure for a diverse set IoT applications and use cases,” said Bruce Chatterley, CEO at Senet. “We are excited to be collaborating with Neosen Energy and their partner SafeKard to address campus safety and the creation of a smart campus platform for IoT applications across markets.”
Neosen, SafeKard and Senet are working to deploy the first SafeKard devices on campuses in the first quarter of CY2019.
About Neosen Energy
Neosen Energy is one of the foremost innovators in IoT end devices, GateWay’s, backhaul environment, Inductive and resonant wireless power, and wirelessly powered systems. In 2016, Neosen Energy introduced the market’s first tri-mode wireless transmitter and 15W WPC certified fast charging wireless transmitter modules. Neosen’s Sense Node technology products are further enhanced by integrating Semtech's LoRa wireless RF technology into rechargeable asset devices, sensors and tags.
About SafeKard
SafeKard is a privately held company that uses patented, leading-edge technology that combines SOS location and access control in a personal wearable device. Our goal is to provide user accessible solutions that operate standalone or in conjunction with Mass notification infrastructures and systems enhancing Public Safety capability, and performance.
About Senet, Inc.
A Founding and Contributing Member of the LoRa Alliance, Senet is the leader in global Internet of Things (IoT) connectivity used to instrument the physical world and enable businesses to revolutionize their operations. With core values centered around changing the world for the better, Senet is committed to promoting IoT Network and Network Management innovation and supports an open partner ecosystem to ensure that IoT realizes its full potential of delivering economic, environmental, and social improvements. Senet is dedicated to supporting the LoRaWAN protocol as the open global standard for secure, carrier-grade Low Power Wide Area (LPWA) connectivity for IoT solutions across all industries. For additional information, visit www.senetco.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "to accelerate," "will," "designed to," or other similar words or expressions, that describe Senet Corporation's or its management's future plans, objectives or goals are "forward-looking statements" and are made pursuant to the Safe- Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Senet Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Senet Corporation's annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors." Senet Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
Senet, the Senet logo, are registered trademarks or service marks, and Senet or its affiliates.
Contacts:
Paul Garrity
Neosen Energy enquiry@neosenenergy.com
Norman Harris
SafeKard info@safe-kard.com
Betsey Rogers
BridgeView Marketing for Senet, Inc. betsey@bridgeviewmarketing.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e6ca80ca-e71d-4585-8055-40c3e8a1381c