LTE-M is an LPWA technology that will provide a highly efficient cellular option with lower radio-frequency complexity, significantly reduced power consumption (up to 10 years of service on a single AA battery), better in-building signal penetration and lower costs. Sierra Wireless is an active contributor to the LTE-M standards definition process within the 3GPP and has committed to launching compatible modules timed with network deployments expected to begin in 2017.Mobile World Congress 2016 Sierra Wireless will showcase solutions for smart city projects at Mobile World Congress in Barcelona, Spain, February 22 to 25. Visit Sierra Wireless at Hall 3, stands 3A11, in the GSMA Innovation City for a live demonstration with Parkeon showing its new urban mobility services, such as couponing, parking violation and payment, and local city news display on a 7-inch color display. To view the specifications for the HL Series modules, please download the AirPrime HL Series datasheet. For general information on the HL Series, please visit AirPrime HL Series embedded modules. To contact the Sierra Wireless Sales Desk, call +1 877-687-7795 or http://www.sierrawireless.com/sales. To view product images, please visit http://www.sierrawireless.com/newsroom/productimages.aspx. About Sierra Wireless Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is building the Internet of Things with intelligent wireless solutions that empower organizations to innovate in the connected world. We offer the industry's most comprehensive portfolio of 2G, 3G and 4G embedded modules and gateways, seamlessly integrated with our secure cloud and connectivity services. OEMs and enterprises worldwide trust our innovative solutions to get their connected products and services to market faster. Sierra Wireless has more than 1,000 employees globally and operates R&D centers in North America, Europe and Asia. For more information, visit www.sierrawireless.com. About Parkeon Parkeon is a key player in the sector of urban mobility. By providing a single offer encompassing parking management solutions and ticketing solutions for public transport, Parkeon is now present in 60 countries and is accelerating its growth in emerging markets such as Eastern Europe, Asia, Africa and Latin America. Parkeon's capacity for continuous innovation is demonstrated every day. Systems and equipment provided by Parkeon facilitate management and mobility in more than 4000 cities. Parkeon employs over 1,000 employees worldwide and achieved revenues of 195.5 million euros in 2014.
"AirPrime" and "AirVantage" are 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 and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully develop, manufacture, and supply products that we do not produce today and that meet defined specifications. 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, changes in technology and changes in the wireless data communications market. 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.