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KORE Honored by Cradlepoint as Enterprise Partner of the Year

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KORE Receives Enterprise Partner of the Year Award for Outstanding Performance and Year-over-Year Growth

ATLANTA (June 18, 2024) -- KORE, a global leader in Internet of Things (“IoT”) Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, today announced Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network and security solutions, has awarded KORE the 2023 Enterprise Partner of the Year Award. Presented at Cradlepoint’s recent 2024 Global Partner Summit, the award recognizes significant achievements in partner-driven sales, solution architecture and customer service.

Cradlepoint recognizes channel partners in three categories: outstanding performance, commitment to customers and significant achievements over the last year. Each recognized channel partner has demonstrated exceptional year-over-year growth and a continued commitment to positioning and selling Cradlepoint’s entire portfolio of wireless and security solutions.

“This award is a tremendous honor for KORE. Being named Cradlepoint's Enterprise Partner of the Year demonstrates our commitment to providing best-in-class cellular connectivity solutions for complex IoT deployments,” said Nick Gregory, director of OEM strategic partnerships for KORE. “Our team has built a deep understanding of Cradlepoint's technology, allowing us to deliver seamless integration and exceptional service to our customers. This recognition strengthens our relationship with Cradlepoint, and together, we're excited to unlock even more possibilities for the future of connected businesses.”

As enterprises strive to be more competitive in an evolving global economy, they are turning to new and innovative technologies that can help transform their businesses. However, innovation cannot be limited by location or complexity. Public and private cellular networking, coupled with modern security and traffic optimization, unlock new opportunities for innovative enterprises to grow their businesses anywhere with confidence. With 5G at the center of Cradlepoint’s solutions, companies can securely and efficiently create offices on wheels, use computer vision for safety and efficiency, create agile manufacturing environments and digitize business in rugged spaces.

KORE supports strategic channel partner relationships with a broad range of businesses, including major cellular operators, telecom providers, master agencies, device manufacturers, and system integrators who benefit from KORE’s differentiated, channel-focused offerings.

“The expansion of Cradlepoint’s portfolio to include private networks and our new NetCloud SASE, along with a simplified model for managed services, has enabled our partners to create a wireless-first network practice while adding on value-add services such as security and remote management,” said Eric Purcell, senior vice president of global partner sales at Cradlepoint. “We are appreciative of all of our resellers taking on new frontiers and creating unique practices that are accelerating LTE and 5G Wireless WAN and LAN adoption. KORE has worked hard to receive this recognition.”

To learn more about KORE, please visit korewireless.com. For more information on Cradlepoint’s Partner Program, visit https://cradlepoint.com/partners/for-partners/.

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. 

About Cradlepoint 
Cradlepoint enables the freedom to connect people, places, and things that drive more experiences, more ways to work, and better business results — anywhere. The company is a pioneer in Wireless WAN, offering advanced 4G and 5G routers and adapters — controlled through Cradlepoint NetCloudTM. Enterprise businesses and public sector agencies rely on Cradlepoint and its Cellular Intelligence to build a reliable, secure network wherever they need it, connecting fixed and temporary sites, vehicles, IoT devices, and remote employees. Headquartered in Boise, Idaho, Cradlepoint is a wholly owned subsidiary of Ericsson (NASDAQ: ERIC) and part of their Business Area Enterprise Wireless Solutions. It has international offices in Asia Pacific, Canada, Europe, India, and Latin America. www.cradlepoint.com  

KORE Media Contact
Stephen Bell 
Senior Marketing Manager
Email: sbell@korewireless.com
+1-440-622-9352

Cradlepoint Media Inquiries
Travis Barend
Highwire PR
cradlepoint@highwirepr.com
585-880-2045

Cautionary Note on Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the federal securities laws, which involve risks and uncertainties. Forward-looking statements include the Company's statements with respect to expected future performance, stockholder return, the management transition and other statements and projections that do not relate solely to historical facts. Forward-looking statements may be identified by the use of words such as “anticipate,” "believe," “estimate,” "expect," “intend,” “may,” "goal," "plan," "will," “would,” "prospects," "future," or "strategy" or the negative thereof or other variations thereof or similar references to future periods, although not all forward-looking statements include these identifying words. Forward-looking statements are not assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding future events, which in turn are based on information currently available to the Company. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Actual results may differ materially from those indicated in the forward-looking statements. Important factors that could cause our actual results, performance, liquidity or achievements to differ materially include our ability to transition to a new interim President and CEO, our ability to successfully identify and engage a permanent President and CEO and the other factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Company's other filings with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in forward-looking statements, investors should not place undue reliance on forward-looking statements, which reflect the Company's views only as of the date of this press release. Except as required by law, neither the Company nor any of its affiliates or representatives undertake any obligation to provide additional information or to correct or update any information set forth in this release, whether as a result of new information, future developments or otherwise.

Topic(s): Featured , Investors

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