Greenwave Systems continues its commitment to Asia Pacific; Showcases Award-winning IoT Platform at CommunicAsia 2016

Greenwave Systems continues its commitment to Asia Pacific;

Showcases Award-winning IoT Platform at CommunicAsia 2016

Greenwave Systems to demonstrate its AXON Platform® at
CommunicAsia 2016. This comes after opening a Research & Development Center
in Singapore and receiving recent funding from investors EDBI and Singapore
Technologies Telemedia

Singapore, May 31st, 2016 — Greenwave Systems, the innovative world leader
of Internet of Things (IoT) software and managed services, announced today that
it will be showcasing its award-winning AXON Platform® and innovative
Greenwave360º™ engagement model at CommunicAsia2016, as part of its ongoing
commitment to strengthen its Internet of Things (IoT) business in the region.

For the first time at the CommunicAsia event, Greenwave Systems
is bringing connected environments to life through interactive IoT demonstration
stations. Visitors to these stations will be able to witness the distinct
capabilities of the AXON Platform® – a managed, modular
platform, upon which services and applications can be deployed and
maintained.  AXON also provides device-powered real-time data that can be
used to create highly targeted revenue-generating business models. With the
push of a button, visitors can interact with the platform in a highly
personalized manner as various scenarios are put into action.

With the Greenwave360º™ engagement model and AXON Platform®,
Greenwave has revolutionized the way customers create, manage and deliver IoT devices
and services by translating the communication of various IoT devices into the
same standard IP-based language. This allows for the centralized control of
different connections, protocols and standards. The platform also allows
Greenwave partners to fortify their existing networks and easily extend into
new connected ecosystems to manage and monetize IoT and M2M devices.

“IoT and M2M are exciting and strategic areas to drive economic
growth – not just in Singapore, but in the region,” said Roger Gregory, Vice
President of Product Marketing, Greenwave Systems.  “We are pleased to
showcase Greenwave’s AXON Platform® to more businesses in Asia
Pacific through our participation at CommunicAsia 2016. The IoT market
continues to grow and promises a myriad of possibilities. With Singapore’s
vision of becoming a Smart Nation and the focus on innovation and technology
that businesses here have, we are confident that the AXON Platform® will
play a significant role in the deployment of IoT in this city,” he added. 

While visiting Greenwave’s hospitality suite at CommunicAsia
2016, invited visitors can experience the following AXON demonstrations:

·         AXON Home
(Residential) – Easily understood stories leverage rich media
experiences that demonstrate broadly integrated ecosystems supported by AXON

·         AXON Media &
Networking –
State-of-the-art video streaming and crucial networking solutions to fortify
all varieties of wireless IP connectivity in the home

·         AXON Remote Sensing – Leading-edge
solutions using the LTE network to track assets around the world and manage
remote devices

Jim Hunter, Greenwave’s Chief Scientist & Technology
Evangelist will also share his insights on IoT through a presentation titled If
Things were People, Too on Tuesday, May 31 at 12:00nn. His
presentation suggests a different perspective that will help make the story of
IoT easier for business leaders to understand. The discussion will focus on
these and other considerations around a platform that allows
“people-fication” of things, and that can enable greater customer
engagement, interactivity, security and automation.

Last year, Greenwave Systems opened a Research & Development Center in
Singapore to further expand its innovation capabilities in IoT offerings. The company
is set to capitalize on the increasing infrastructure investments across the
Asia Pacific region and the rapid growth in demand of IoT technologies.

Since its inception in Singapore, the facility has focused on
delivering state-of-the-art IoT technologies to its media, service provider,
utility and consumer electronics partners and customers globally.

Additionally, Singapore-based investors EDBI (the corporate
investment arm of the Singapore Economic Development Board) and Singapore
Technologies Telemedia (STT), a strategic global investor in the
communications, media and technology sectors, contributed to Greenwave
Systems’  latest round of financing, which raised USD60 million.

To experience the AXON platform, attendees who are interested in
doing business with Greenwave can send a request for an appointment to na@greenwavesystems.com. 
Invited attendees can visit the Greenwave Systems hospitality suite, Hibiscus #3610 (level 3) at CommunicAsia 2016. The event is held from May
31 to June 3, 2016 at Marina Bay Sands, Singapore.