HUNT VALLEY, MD — TESSCO Technologies Incorporated (Nasdaq:TESS), a value-added provider of the product and supply chain solutions needed to design, build, run, maintain and use wireless systems, and Verizon Wireless, today announced the companies will jointly market integrated solutions for machine-to-machine (M2M) applications.
This new joint marketing agreement between TESSCO and Verizon Wireless will allow the utility and transportation verticals to leverage TESSCO's integrated solutions on the nation's largest 3G wireless network. With the alignment of sales and marketing initiatives, TESSCO's broad and comprehensive M2M hardware, combined with Verizon Wireless' robust, reliable wireless network, will provide customers with a specialized, end-to-end solution, backed by technical expertise and customer support.
Specialized teams from both companies will ensure that TESSCO's industry-leading, customized M2M solutions perform optimally on the Verizon Wireless network and that customers will realize the value in the integrated solutions together offered by TESSCO and Verizon Wireless.
TESSCO Chairman, President and CEO Robert B. Barnhill commented, "This is an exciting announcement for TESSCO as we initiate this joint program by which we are able to provide our suite of integrated solutions to facilitate an M2M solution that utilizes the Verizon Wireless network."
"Both our transportation and our utility customers are doing the analysis today to build the solutions they need for the future," said Mark Bartolomeo, Verizon Wireless vice president enterprise data marketing. "The TESSCO relationship gives these customers the benefit of both companies' expertise as well as superior wireless solutions."
With comprehensive solutions including modems, antennas, cable, primary solar power, back-up power, weatherproof enclosures, lightning protection, among many others, TESSCO is capable of supporting Verizon Wireless customers in maximizing efficiencies of advanced remote monitoring while reducing costs associated with purchasing from multiple vendors. The joint program will also allow for efficient and quick deployment of these cellular-based networks.
About TESSCO TESSCO Technologies (Nasdaq:TESS) is a value-added provider of the product solutions needed to design, build, run, maintain and use wireless systems. TESSCO is committed to delivering, fast and complete, the product needs of wireless system operators, program managers, contractors, resellers, and self-maintained utility, transportation, enterprise and government organizations. As Your Total Source® provider of mobile and fixed-wireless network infrastructure products, mobile devices and accessories, and installation, test and maintenance equipment and supplies, TESSCO assures customers of on-time availability, while streamlining their supply chain process and lowering inventories and total costs. To learn more, please visit TESSCO.com.
About Verizon Wireless Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving 87.7 million customers. Headquartered in Basking Ridge, N.J., with more than 87,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.####