Market Overview

Monnit and Cradlepoint Partner to Deliver Wireless Sensor-to-Cloud Connectivity Solutions for IoT

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Monnit
Corporation
 (www.monnit.com),
a leading provider of wireless sensors and remote monitoring solutions,
today announced a partnership with Cradlepoint (cradlepoint.com),
a leader in cloud-delivered 4G and 5G wireless network edge solutions,
to offer wireless sensor-to-cloud connectivity solutions for IoT. Under
the partnership, Monnit's ALTA® wireless sensor adapters seamlessly
integrate with Cradlepoint wireless edge routers to provide reliable and
secure connectivity of sensors to cloud-based monitoring applications.

"Monnit is excited to extend reliable sensing capabilities to
Cradlepoint wireless routers with our ALTA wireless sensor adapter.
Merging the two solutions allows both Monnit and Cradlepoint partners
the ability to expand functionality of deployments in the field," said
Brad Walters, CEO and Founder, Monnit. "Whether you're an enterprise
business or a smaller remote branch, you require the highest level of
reliability when it comes to local sensor networks and connecting them
to the cloud. ALTA wireless sensors combined with Cradlepoint's
high-performance routers offer businesses more flexibility and
reliability than ever before."

"Combining Cradlepoint wireless edge routers with Monnit's ALTA wireless
sensors offers business customers an enterprise-grade IoT connectivity
solution that provides secure and reliable access to cloud
applications," said George Mulhern, CEO and Chairman, Cradlepoint.
"We're pleased to offer new and existing Cradlepoint customers, as well
as our carrier and channel partners, these integrated solutions for a
wide array of sensor monitoring use cases."

ALTA
products
offer four times the wireless range (1,200+ feet,
non-line-of-site) and much stronger battery life than traditional
sensors (12+ years on two AA batteries at 10-minute check-ins). ALTA
products also include bank-level security for data transmissions,
onboard memory for data logging and over-the-air updates allowing for
remote maintenance and feature enhancements.

Cradlepoint offers a portfolio of wireless edge routers, powered by the
Cradlepoint NetCloud service, that provide secure and reliable IoT
connectivity for on-premise, in-vehicle and in-field deployments.
NetCloud Manager simplifies deployment, management and troubleshooting
of edge routers while NetCloud Perimeter lets customers setup a secure,
software-defined overlay—in minutes—that isolates and connects Monnit
wireless sensors over the 4G LTE and internet-to-cloud monitoring
applications. Learn
more about Monnit wireless sensors for use with Cradlepoint wireless
edge routers
.

Monnit's IOTvantage™
partner program
allows business partners to private label the
solution. Custom kitting, product development and customized software
features are also available to help tailor the solution for the
customer's specific needs.

About Cradlepoint

Cradlepoint is the global leader in cloud-delivered wireless edge
solutions for branch, mobile, and IoT networks. The Cradlepoint Elastic
Edge™ vision—powered by NetCloud services—provides a blueprint for
agile, pervasive, and software-driven wireless WANs that leverage 4G and
5G services to connect people, places, and things everywhere with
resiliency, security, and control. More than 20,000 enterprise and
government organizations around the world, including 75 percent of the
world's top retailers, 50 percent of the Fortune 100, and first
responders in 10 of the largest U.S. cities, rely on Cradlepoint to keep
critical branches, points of commerce, field forces, vehicles, and IoT
devices always connected and protected. Major service providers use
Cradlepoint wireless solutions as the foundation for innovative managed
network services. Founded in 2006, Cradlepoint is a privately held
company headquartered in Boise, Idaho, with a development center in
Silicon Valley and international offices in the UK and Australia.

About Monnit Corp.

Monnit is a leader in the design and manufacturing of turnkey,
self-installed, low-cost wireless sensor solutions targeted at
commercial and industrial markets. Monnit's sensing solutions are used
by enterprise and SMB customers wanting to remotely monitor information
and activities around a variety of variables (i.e. temperature, motion,
humidity, vibration, etc.) and receive alerts based on user-defined
conditions. Monnit products are fully tested, FCC, CE and IC compliant
for use anywhere in the world. For more information, visit www.monnit.com.

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