ZOOStock Announces M2M Agreement with NetComm Wireless

MADRID, March 15, 2017 /PRNewswire/ -- Australian data communications company NetComm Wireless Limited, has reached an agreement with Spanish distributor ZOOStock for the commercialisation of its Machine-to-Machine (M2M) devices in EMEA. The agreement includes distribution to Grupo Telefónica.

The alliance involves both logistical and technical support to assure delivery and after-sales service. ZOOStock will also provide engineering services for software development kit (SDK) tools that permit the creation of applications.

ZOOStock was chosen by NetComm Wireless thanks to its knowledge of, and experience in, the European telecommunications market.

The new collaboration will strengthen NetComm Wireless' position in the region and stimulate further M2M market growth through the delivery of innovative open source M2M devices designed to offer seamless connectivity and global interoperability.

"We look forward to working with ZOOStock to expand our reach in the European market, and build value for customers through the delivery of leading-edge M2M devices that offer universal connectivity and advanced remote management for diverse applications in areas such as industrial machines, security, retail and manufacturing," said Timo Brouwer, Chief Operating Officer, NetComm Wireless. 

ZOOStock, which is specialized in the distribution of electronic components, thus becomes the primary distributor of one of the leading manufacturers of M2M technologies in the world.

About NetComm Wireless Limited

NetComm Wireless Limited (ASX: NTC) is a leading developer of Fixed Wireless broadband, wireless M2M/Industrial IoT and Fibre and Cable to the distribution point (FTTdp / CTTdp) technologies that underpin an increasingly connected world. Our Listen. Innovate. Solve. methodology supports the unique requirements of leading telecommunications carriers, core network providers, system integrators, government and enterprise customers worldwide. For over 35 years, NetComm Wireless has engineered new generations of world first data communication products and is now a globally recognised communications technology innovator. Headquartered in Sydney (Australia), NetComm Wireless has offices in the US, Europe/UK, New Zealand and Japan. Visit: www.netcommwireless.com.

About ZooStock

ZooStock was founded in 2006 specialising in reselling telecommunication products. As a leading supplier in network equipment ZooStock, is transforming how companies buy, maintain and upgrade IT equipment support through hardware procurement options and a third-party IT maintenance as an alternative. ZooStock has become an international force in delivering technical solutions and services.

With offices in Spain and UK, ZooStock can reach the needs of organisations internationally. For more information please visit: www.zoostock.com.