ASX-listed “internet of things” tech play, Connected IO, has shipped its first batch of modem-like devices to its Australian and New Zealand distributor, M2M Connectivity.
Whilst Connected IO is a Perth-listed company with some operations in W.A., it has largely been focussing on the US and other global markets and its first product shipment into Australia, represents a significant milestone for the ASX listed junior.
Company management said the shipment would lead to product trials in the regions ahead of a potential roll out using M2M’s existing relationships with some of the largest telecommunications and electronics companies in Australia.
Connected IO has previously said that its USB modem, the EM2000TAP-Cat 1, will be the first of its products to be launched with M2M in the Australian and New Zealand markets.
The device, which is already approved for sale in both territories, can be used in a variety of settings including surveillance and security, digital signage, energy management and point-of-sale.
If the local roll-out goes to plan, Connected IO has said it wants to also launch its Wi-Fi Cat 1 router later this year.
Connected IO Executive Chairman Jason Ferris said: “It is extremely satisfying to ship the first CIO products to M2M Connectivity to assist with their Australian demands.”
"Roll out in Australia has always been an objective of the Company and to do so via the existing relationships of M2MC should greatly short circuit the normal lead in times for new introductions.”
Connected IO sees its foray into Australia and NZ as a natural step in its plan to roll out its state-of-the-art wireless products globally in the rapidly expanding internet of things sector.
M2M Connectivity Director Daryl Chambers said: “The shipment of Connected IO product will allow M2MC to trial and deliver a high-quality cost effective industrial grade modem for connecting remote assets, specifically Security, Failover and Vending.”
“The CIO communication products provide a solution previously unavailable in the Australian market and is expected to have an immediate following and demand” said Daryl Chambers, Director of M2M Connectivity.”
The latest update is another sign that Connected IO’s internet of things modem-like devices appear to be resonating with the market, with its Silicon Valley-based operation already amassing an impressive client list that includes the likes of AT&T, Verizon, Coca Cola and LG.
