Market Overview

Able Device and Taiwan Mobile to Demo SIMbae™ in GSMA Innovation City During Mobile World Congress Shanghai 2018

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Standards compliant SIM-based solution demonstrates IoT/M2M use
cases to improve security and enable mobile IoT application hosting.

Able
Device
, a pioneer in SIM-based IoT/M2M application technology, and Taiwan
Mobile
, a leading and innovative mobile IoT operator from
Taiwan, have been selected to participate in GSMA's
Innovation City
during this year's Mobile
World Congress (MWC) Shanghai
. The joint demonstration will showcase
enhanced IoT security using the SIM, the only standard component in all
bespoke built mobile IoT devices, creating an extremely secure,
standards-based IoT device architecture.

During MWC Shanghai, Able Device will demonstrate SIMbae
Key Exchange Manager
, (‘Secure It' use case) and SIMbae
Mobile IoT CPU
(‘Host It' use case) embedded on Taiwan Mobile SIMs
(Subscriber Identity Modules) running on Taiwan Mobile's 4G network.
These two high-value features illustrate SIMbae's
compliance with 3GPP standards and the GSMA's guidelines for IoT
application and security deployments.

The ‘Secure It' use case will feature an industrial device using
SIMbae's Key Exchange Manager to remotely update the IoT application's
security credentials in a standards-based method that leverages the
existing components of a connected device and service. Running on the
device's SIM, SIMbae uses encrypted mobile messages to securely deliver
an updated password or key to the device's IoT application.

The ‘Host It' demonstration highlights a smart traffic light where the
application is embedded on the SIM, in effect turning this standard
network element into a standalone, secure, OTA updatable, IoT
application processor able to control the traffic light. The solution
leverages the mobile network's capabilities of secure communications and
SIM provisioning and application execution.

SIMbae offers IoT security and application execution that's cost
effective and massively scalable on a global basis as it works with
standard mobile network elements. There's no need for costly,
proprietary security chips in the device or remote over-the-top services.

"Asia is the perfect market for SIMbae as it's where hundreds of
millions of IoT devices are manufactured," said Roger Dewey, Able Device
CEO. "SIMbae's standards-based offering means that it's leveraging the
existing solution elements in an IoT deployment ranging from the network
to the device. Because of this, manufacturers can be sure that the
device security and application execution features will work no matter
where the device is deployed worldwide," concluded Dewey.

"With the three major advantages of network deployment, platform
establishment, and innovative application service development, Taiwan
Mobile has taken the industry's leading position in collaboration with
partners at home and abroad. Taiwan Mobile is collaborating with more
than fifty leading companies at home and abroad to form a "large IoT
ecosystem" and building the largest Internet of Things (IoT) in Taiwan
to provide partners with advanced and comprehensive IoT management
platforms and develop applications for smart living that meet industry
and consumer needs. We are glad to work with Able Device to develop the
new business opportunities," said Eddie Chan, Vice President of Taiwan
Mobile.

Visit Able Device and Taiwan Mobile during MWC Shanghai 2018 in GSMA
Innovation City
Hall N5. If you would like to schedule a
demonstration at MWC Shanghai, contact Able Device at sales@abledevice.com.

About Able Device

Able Device is a provider of technology for Mobile Network Operators
(MNOs) and IoT service providers. Its flagship product SIMbae™ (short
for "SIM based application engine") enables hosting of IoT device
controls and applications on standard SIMs. In this new architecture,
the SIM is transformed to an intelligent independent processor. As
SIMbae utilizes established and common 3GPP SIM standards, IoT controls
and applications implemented this way become device and carrier agnostic
- with benefits including shorter time to market, reduced development
cost, lower operating cost, and improved security. Based in Raleigh, NC,
Able Device serves mobile network operators globally. For more
information, visit www.abledevice.com.

About Taiwan Mobile

Taiwan Mobile Co., Ltd., incorporated in the Republic of China ("ROC")
in 1997, is a leading telecommunications company in Taiwan offering
"Quadruple Play" services – covering mobile, fixed-line, cable TV and
broadband. The Company launched three brands – "Taiwan Mobile", "TWM
Broadband" and "TWM Solution" – to promote its Quadruple Play services
for the consumer, household and enterprise markets. It was the first
private telecommunications company to go public and the first wireless
operator to launch 3G services using Wideband Code Division Multiple
Access (WCDMA) technology.

The Company has, for more than 20 years, won extensive recognition at
home and abroad for its outstanding performance in information security
management, customer service, corporate governance and corporate social
responsibility. It has been recognized as one of the most admired and
trusted enterprises in Taiwan. For more information please visit: https://english.taiwanmobile.com/.

All products/services and trademarks mentioned in this release are
the properties of their respective companies.

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