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    INSG   US45782B1044

INSEEGO CORP.

(INSG)
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Inseego : Cloud Management Solution Now Available to FirstNet« Customers

08/12/2021 | 06:01am EDT

SAN DIEGO - Aug 12, 2021 - Inseego Corp. (Nasdaq: INSG), a leader in 5G and IoT device-to-cloud solutions, today announced the availability of Inseego Connect™ cloud management for FirstNet customers. This SaaS solution gives users the ability to remotely manage and control all the Inseego MiFi® 8000 mobile hotspots that are connected to the FirstNet network.

Inseego Connect is a cloud-based platform that can be accessed through a web interface, enabling IT administrators to remotely manage Inseego devices deployed across their network easily and efficiently.

FirstNet is the only nationwide, high-speed broadband communications platform dedicated to and purpose-built for America's first responders and the extended public safety community. It is built with AT&T in public-private partnership with the First Responder Network Authority (FirstNet Authority), an independent agency within the federal government.

'We are proud to make Inseego Connect available to FirstNet subscribers,' said Inseego President Ashish Sharma. 'With so much growth in remote connectivity, public safety organizations need the ability to seamlessly configure, deploy and manage their distributed devices, push out security patches, analyze data usage and more. Inseego Connect allows them to remotely manage their Inseego devices through a single pane of glass.'

'We're committed to helping our FirstNet customers manage the devices that connect to our nationwide network,' said Scott Agnew, assistant vice president, FirstNet Program at AT&T. 'This software solution is a valuable addition to the Inseego MiFi hotspots and can help FirstNet subscribers increase efficiency for their remote connectivity and critical communications. In today's environment, that remote flexibility is important for public safety.'

Device visibility and control for applications

By combining MiFi mobile broadband with Inseego Connect, FirstNet customers can benefit from a wide range of use cases. First responders can quickly deploy (and redeploy) a pool of devices for mobile command centers, shelters, clinics, clean-up crews and other episodic needs during emergency or disaster response. By setting geofences with alerts, they can control where the devices are used. Remote GPS tracking also allows commanders to know where MiFi-equipped first responders are at all times, even if they're away from their vehicles.

Inseego Connect allows MiFi 8000 users on AT&T and FirstNet networks to:

  • Manage their Inseego 4G LTE WAN devices through a cloud-native architecture, with the ability to scale as they add more devices to their network
  • Remotely configure, manage, and monitor devices deployed throughout their distributed network from a centralized dashboard
  • Get near real-time device diagnostics data to quickly troubleshoot and maintain critical connections
  • Mitigate security risk with near real-time visibility on device location and anomalies in usage

To learn more about Inseego's solutions visit www.inseego.com. To schedule an interview contact [email protected].

About Inseego Corp.

Inseego Corp. (Nasdaq: INSG) is an industry leader in smart device-to-cloud solutions that extend the 5G network edge, enabling broader 5G coverage, multi-gigabit data speeds, low latency and strong security to deliver highly reliable internet access. Our innovative mobile broadband, fixed wireless access (FWA) solutions, and software platform incorporate the most advanced technologies (including 5G, 4G LTE, Wi-Fi 6 and others) into a wide range of products that provide robust connectivity indoors, outdoors and in the harshest industrial environments. Designed and developed in the USA, Inseego products and SaaS solutions build on the company's patented technologies to provide the highest quality wireless connectivity for service providers, enterprises, and government entities worldwide. www.inseego.com #Putting5GtoWork

###

©2021 Inseego Corp. All rights reserved. The Inseego name and logo, MiFi and Inseego Connect are either registered trademarks or trademarks of Inseego Corp.

FirstNet and the FirstNet logo are registered trademarks of the First Responder Network Authority. All other marks are the property of their respective owners.

Other Company, product or service names mentioned herein are the trademarks of their respective owners.

Inseego Media contact:
Anette Gaven
Tel: +1 (619) 993-3058
[email protected]

Investor Relations contact:
Joo-Hun Kim, MKR Group
Tel: +1 (212) 868-6760

Disclaimer

Inseego Corp. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 10:00:06 UTC.


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Financials (USD)
Sales 2021 263 M - -
Net income 2021 -54,1 M - -
Net Debt 2021 104 M - -
P/E ratio 2021 -12,4x
Yield 2021 -
Capitalization 691 M 691 M -
EV / Sales 2021 3,03x
EV / Sales 2022 2,56x
Nbr of Employees 1 007
Free-Float 99,3%
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 6,63 $
Average target price 10,10 $
Spread / Average Target 52,3%
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Managers and Directors
Dan Mondor Chairman & Chief Executive Officer
Ashish Sharma President
Robert G. Barbieri Chief Financial Officer
Dan Picker Chief Technology Officer
Rick Carpenter Senior Vice President-Engineering
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