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Iota Communications, Inc. (OTC:IOTC) announced on September 2, 2021, an update regarding its SEC reporting status. Following the engagement of Marcum LLP as their new independent auditor in July 2021, IotaComm plans to file its Form 10K for the fiscal year ended May 31, 2020, by March 2022. The company highlighted its partnership with TEKTELIC to develop a custom IoT gateway, emphasizing its growth transition and commitment to transparency with shareholders.
Iota Communications (OTC PINK:IOTC) announced a partnership with TEKTELIC Communications to develop a custom Multi-SubGHz Band LoRaWAN gateway for the U.S. market, utilizing the Semtech chipset. This gateway will enable simultaneous data transmission on 900 MHz ISM and 800 MHz FCC-licensed spectrum. The system aims to enhance IoT connectivity for critical sectors like utilities, smart cities, and healthcare. The collaboration is expected to improve network coverage, reduce costs, and support diverse IoT applications.
Iota Communications (OTC PINK:IOTC) has launched the beta version of its Delphi360 platform, designed to provide data-driven insights for commercial and industrial facilities. Utilizing LoRaWAN technology, Delphi360 integrates data from various sources, improving operational efficiency and safety while reducing costs. Initial solutions focus on Indoor Environmental Quality Monitoring, covering Indoor Air Quality and Room Occupancy. The official launch for new customers is scheduled for September 1, 2021.
Iota Communications, Inc. (OTC PINK:IOTC) has welcomed four new independent directors to its Board: Kathy Hanrahan, Paul Baldwin, Mark Romano, and Jim Ratigan, enhancing its leadership amid growth challenges. CEO Terrence DeFranco highlighted the importance of their expertise in navigating strategic opportunities ahead. The Company also announced the resignation of J. Barclay Knapp and appointed Marcum, LLP as its new auditor. With a focus on wireless communication for the Internet of Things, IotaComm aims to bolster health, safety, and sustainability for its clients.
Iota Communications (OTC PINK:IOTC) has joined the LoRa Alliance, a global group supporting the LoRaWAN standard for IoT low-power wide-area networks (LPWANs). This move positions IotaComm to leverage its licensed 800 MHz spectrum and collaborate with over 500 members to commercialize IoT solutions. The global LPWAN market is projected to exceed $80 billion by 2027, growing at a compound annual growth rate of 60%. This partnership aims to accelerate IotaComm's market entry and strengthen its role in the LPWAN industry.
Iota Communications (OTC PINK:IOTC) has announced significant progress in its SEC filings, with its Form 10-Q filed on April 30, 2021. The company aims to return to current filer status within six months. New management appointments include Kim Velez as VP of Marketing and Jessica Grega as VP and Corporate Controller. IotaComm also unveiled a new branding strategy, enhancing its visual identity to align with its objectives. CEO Terrence DeFranco expressed optimism regarding future growth and the commercialization of their wireless data analytics solutions, which are experiencing increasing demand.
Iota Communications, Inc. (OTC PINK:IOTC) has announced a strategic partnership with The Stone House Group to deliver smart building solutions to the U.S. education sector. This collaboration aims to enhance indoor air quality and energy management in K-12 schools and universities. IotaComm's BrightAI™ platform will complement SHG's sustainability services, facilitating improved health and well-being for students and staff post-COVID. The partnership also focuses on developing innovative products that promote energy efficiency and environmental quality.
Iota Communications, Inc. (OTC PINK:IOTC) has announced that its CEO, Terrence DeFranco, has been appointed as the new Chair of the Intelligent Buildings Council (IBC) under the Continental Automated Building Association (CABA). DeFranco takes over from Trevor Nightingale, emphasizing the importance of enhancing safety, security, and efficiency in commercial buildings. The IBC, established in 2001, aims to promote intelligent building technologies and has completed notable projects like "Intelligent Buildings and COVID-19" and "Intelligent Building Energy Management Systems."
Iota Communications, a wireless communication and data analytics software company, will present at the 13th Annual LD Micro Main Event on December 15 at 9:40 am EST. CEO Terrence DeFranco will address a virtual audience. The event introduces a new format with 10-minute presentations followed by Q&A. It's hosted on the Sequire Virtual Events platform. Iota leverages IoT solutions for energy efficiency and operational optimization, supported by its FCC-licensed spectrum. For more information, visit iotacommunications.com.
Iota Communications, Inc. (OTC PINK: IOTC) has announced the completion of its restated unaudited financial statements for Q2 FY2020, ending November 30, 2019. The restatement is due to material errors in previously issued statements. IotaComm intends to file additional financial statements by March 31, 2021, though delays may occur due to the COVID-19 pandemic. CEO Terrence DeFranco highlighted the significant effort behind the restatement, allowing the company to focus on future filings and business development.
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