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Sierra Wireless Ready-to-Connect Module and Connectivity Bundles Lower TCO up to 40% and Enable OEMs and Service Providers to Instantly Connect Devices Anywhere in the World

Richmond, BC, February 14, 2020--(T-Net)--Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a leading IoT solutions provider that combines devices, network services and software, today announced the Ready-to-Connect RC Series of embedded modules to simplify IoT development, reduce costs and accelerate time to market.

The RC Series modules deliver all of the key elements needed for an IoT application—cellular module, integrated SIM that's pre-connected to global mobile networks, IoT management platform and end-to-end security—in one integrated bundle that reduces total cost of ownership (TCO) by up to 40 percent.

Ross Gray, VP, Product Management, Sierra Wireless said: "Sierra Wireless has removed the integration and management complexity that stalls many IoT initiatives. Our RC Series allows companies to instantly connect their deployments anywhere in the world to our global network with best-in-class reliability and security. Our unique device-to-cloud bundled solutions will dramatically reduce total costs for customers, while allowing them to focus on their core business, rather than IoT deployment complexities."

The RC Series modules integrate best-in-class connectivity, expanded smart edge processing options and end-to-end security.

Sierra Wireless will offer a variety of bundled module and connectivity subscription services for different IoT applications, including an LTE Cat-4 solution ideal for industrial gateways, public safety, and enterprise applications, and an LTE Cat-1 solution ideal for transportation, fleet management, and access security applications.

Similar to Sierra Wireless' industry leading HL and WP Series, the RC Series will feature multiple air interfaces, including future LPWA modules. Monthly connectivity subscription plans for all RC Series module bundles can be tailored to meet the exact needs of specific use cases.

Like any module from Sierra Wireless, RC Series modules simplify operations with a single management platform and point of accountability for device and network troubleshooting, anywhere in the world. A built-in smart SIM eliminates the need for managing and provisioning external SIMs, while providing the best coverage available in any given region, with 99.9% service guarantee. Customers can easily optimize connectivity consumption, manage subscriptions and ensure edge devices are always up-to-date and secure using Sierra Wireless' cloud and device management platform.

Sierra Wireless Ready-to-Connect modules provide the industry's lowest TCO for OEMs and system integrators. By reducing IoT management costs and eliminating SIM logistics and truck rolls to resolve connectivity issues, Ready-to-Connect bundles reduce TCO by up to 40 percent*, compared to other available embedded modules. Customers can work with one vendor for their IoT infrastructure and avoid the complex pairing of multiple components that can lead to security vulnerabilities.

Built on the Sierra Wireless CF3® (Common Flexible Form Factor) design, the RC Series is the only module platform IoT developers need to connect their devices with expanded edge processing options in addition to essential connectivity options. Customers currently using Sierra Wireless' HL Series modules for essential connectivity and WP Series for additional edge processing can easily migrate to the RC Series and accelerate time-to-market by up to six months.

The Ready-to-Connect RC Series provides best-in-class security through the integrated, secure Sierra Wireless Core Network and AirVantage® IoT platform, complemented by a tamper-proof embedded SIM. Sierra Wireless adheres to best-in-class device, network and cloud security practices, and the modules feature built-in secure boot, secure firmware upgrades, and secret key rotation over the air to keep data and deployments secure. Sierra Wireless' resilient network infrastructure includes private network options with 24/7 monitoring to provide an end-to-end secure data stream from the device to the cloud.

Availability

The RC Series essential Cat-1 and Cat-4 versions for deploying in North America (RC7611-1, RC7611) and EMEA (RC7620-1, RC7620) will be available in early 2020, with LPWA (Cat-M1 and Cat-NB1), smart versions (with edge processing), and other regional variants rolling out in the future. For more information about the RC Series, visit: https://www.sierrawireless.com/products-and-solutions/embedded-solutions/iot-modules/.

About Sierra Wireless

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy. Companies globally are adopting IoT to improve operational efficiency, create better customer experiences, improve their business models and create new revenue streams.

Whether it is an integrated solution to help a business securely connect edge devices to the cloud, or a software/API service to help manage processes associated with billions of connected assets, or a platform to extract real-time data to make the best business decisions, Sierra Wireless will work with you to develop the right industry-specific solution for your next IoT endeavor. Sierra Wireless has more than 1,300 employees globally and operates R&D centers in North America, Europe and Asia. For more information, visit www.sierrawireless.com.

*Based on Sierra Wireless' analysis. Customer results may vary. For more information, visit https://www.sierrawireless.com/products-and-solutions/sims-connectivity-and-cloud-services/iot-sim/readytoconnect/.

"Sierra Wireless", "AirVantage" and "CF3" are registered trademarks of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans, timing, and other expectations, intentions, and plans contained in this press release that are not historical fact. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, the availability of qualified candidates and changing market conditions. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.

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	Sierra Wireless, Inc. Richmond, BC (Wireless Technologies) 325 Employees In BC (1000 Total) Founded: 1993 | Revenues: $500 Million - $1 Billion
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