DALLAS, Feb. 8, 2012 (GLOBE NEWSWIRE) -- Quamtel (OTCBB:QUMI.OB - News) The Internet of Things, when real world devices are connected to the Internet, the technology shift that we've been actively watching and building infrastructure to support since early 2009; will actually occur. Many big technology infrastructure and solutions companies have supported and driven this movement, for the simple reason that they see a huge market opportunity. As more and more 'things' and devices get connected, opportunities for nimble, customer focused companies like Quamtel will be abundant.
There has been some disagreement regarding the number of connected devices and when those numbers will be reached. Cisco predicts there will be 50 billion devices by 2020. However, IBM recently put the number at 1 trillion devices by 2015.
So, what does all this mean? Clearly the number of connected devices is going to grow substantially. These connections will utilize a broad range of fixed and wireless technologies. But strictly looking at cellular technologies, Harbor Research reports that the annual number of cellular Machine-to-Machine (M2M) connections will grow to 161 million globally by the end of this year; and is projected to reach 390 million by 2014.
Let us introduce one of Quamtel's wholly owned subsidiaries to you.
Http://www.Machine2Machine.com
About: "Machine 2 Machine" uses wireless technology to stream real-time data information between remote machines. M2M refers to "Things" and devices, whether they are mobile or fixed, integrated with company information systems to execute business processes and serve computers. www.Machine2Machine.com
About: Quamtel, Inc. is an emerging mobile broadband service provider of superior quality broadband solutions offering consumers and businesses more user friendly and affordable ways to connect. Through its subsidiaries, DataJack, 800.com and Machine2Machine.com Quamtel provides a comprehensive portfolio of broadband and enhanced communications solutions ranging from subscriber based voice services, to the engineering, design, manufacturing and distribution of M2M wireless broadband technology and solutions. (http://www.Quamtel.com)
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words 'anticipate,' 'estimate,' 'expect,' 'intend,' 'plans,' 'projects,' and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.