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Market Overview

Numerex Expands Supply Chain Product Portfolio


Numerex (Nasdaq: NMRX) announced today the acquisition of certain assets, products and technology used in the remote monitoring and management of bulk tanks. With the addition of these new offerings, Numerex expands the scope and scale of its core supply chain and remote monitoring business. This new Numerex solution is purpose-designed for use by regional oil and bulk liquid distributors to manage the bulk inventory of their customers. The solution is currently deployed by distributors and integrated oil and gas companies at large and small retailers, manufacturing sites, and bulk storage facilities.

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