Numerex To Present at the Cowen and Company 20/20 Technology Media Telecom Conference on May 28
Management scheduled to present at 4:50 p.m. on May 28 ATLANTA, May 19 /PRNewswire-FirstCall/ -- Numerex Corp. (NASDAQ:NMRX), a leading provider of full-service, highly secure machine-to-machine (M2M) network services and solutions, today announced its participation at the Cowen and Company 20/20 Technology-Media-Telecom Conference, which will be held Wednesday, May 28, through Friday, May 30, 2008, at The New York Palace Hotel, 455 Madison Avenue at 50th Street in New York. Numerex's presentation is scheduled for Wednesday, May 28 at 4:50 p.m. In addition, one-on-one meetings may be arranged directly through Cowen and Company by calling (617) 946-3830.
Numerex' wireless M2M technology, networks and solutions will be presented as well as an overview of the company's successes in developing and marketing proprietary applications that includes security monitoring, vehicle tracking and real estate services. In addition, financial results for the fiscal 2007 and the first quarter of fiscal 2008 will be reviewed. Net revenues in the first quarter of 2008 were $20.5 million, an increase of 44% compared to $14.2 million reported for the same quarter last year.
The presentation will be webcast and made available on Numerex' website at http://www.numerex.com/ for approximately 90 days.
About Cowen Group, Inc. Cowen Group, Inc., through its operating subsidiaries, provides investment banking, equity research, sales and trading, asset management and alternative asset management services to companies and institutional investor clients in the healthcare, technology, telecommunications, aerospace and defense, consumer and alternative energy sectors. Cowen's asset management business includes teams based in the U.S. and the U.K. Its U.S. team focuses on a growth-oriented investment style centered on small and mid-sized companies based primarily in North America. The U.K. team provides traditional asset management products, focusing on a global equity strategy. Cowen's alternative asset management business consists of Cowen Healthcare Royalty Partners, which invests principally in commercial-stage biopharmaceutical products and companies, and Cowen Capital Partners, which manages a portfolio of middle market private equity investments for third-party investors. About Numerex Numerex Corp. (NASDAQ:NMRX) provides the broadest choice of secure machine-to-machine (M2M) network services and solutions. Numerex delivers a depth of expertise and excellence through its M2M service platforms -- Networx, Techworx, and Flexworx -- that leading companies choose to power their M2M solutions. Numerex is the first M2M Company in North American to carry ISO/IEC 27001:2005 certification -- ISO's highest information security benchmark to ensure data integrity and security. The Company offers its M2M products and services through a variety brands including Uplink and Orbit One. Numerex is headquartered in Atlanta, Georgia. For additional information, visit http://www.numerex.com/ Numerex Corp. Contact: Investor Relations Contact:
CONTACT: Alan Catherall of Numerex Corp., +1-770-485-2527; or Investor Web site: http://www.nmrx.com/
2008-05-19 18:39:24 0365754 PRNEWSWIRE
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