KORE Collaborates with Google Cloud to Deliver IoT Solutions

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KORE has announced a multi-year alliance with Google Cloud to enhance IoT capabilities for global businesses. This partnership aims to leverage Google Cloud's infrastructure alongside KORE's IoT Solutions, simplifying IoT deployment for enterprises. KORE's innovative platform will be integrated into Google Cloud, facilitating better device management and connectivity. The collaboration is set to expand market paths for various industries including healthcare, logistics, and retail, ultimately aiming to improve operational outcomes through enhanced IoT services.

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Established a multi-year alliance with Google Cloud to enhance IoT capabilities.
Integration of KORE's IoT platform into Google Cloud for improved device management.
Focus on expanding market opportunities in healthcare, logistics, and retail sectors.

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12/05/2022 - 08:30 AM

KORE brings the scale and expertise to help customers with 'everything IoT'

ATLANTA, Dec. 5, 2022 /PRNewswire/ -- KORE, a global leader in Internet of Things (IoT) Solutions and worldwide IoT Connectivity-as-a-Service (IoT CaaS), announced today that it has established a go to market alliance with Google Cloud to bring IoT capabilities to global businesses. This multi-year alliance will help enterprises create robust IoT solutions that leverage Google Cloud infrastructure and capabilities, as well as KORE's IoT Solutions. The alliance brings together KORE's expertise of simplifying the complexities of IoT deployment with a rich set of 'one stop shop' services and the ability to orchestrate the IoT ecosystem of devices, global connectivity and services, paired with Google Cloud's data and analytics excellence for optimal business outcomes.

KORE will help customers migrate to a robust and reliable IoT service built on Google Cloud's trusted, global infrastructure. This new solution will bring numerous value-added features to customers in not only connectivity but also device management and streamlined processes. KORE and Google Cloud will work together to provide customers with industry-leading and long-term service levels, quality and excellence through the KORE IoT platform.

"KORE is thrilled to collaborate with Google Cloud as an IoT partner," KORE President and CEO Romil Bahl said. "The collaboration with Google Cloud will help customers innovate with IoT and shows the strong foundation we provide for organizations to simplify the complexities of IoT through our solution set, which provides comprehensive value throughout the IoT life cycle."

In addition, the alliance will also serve to transform the IoT industry by expanding new paths to market for industries such as Connected Health, Fleet/Logistics, Industrial IoT, retail/communications service providers and more. The alliance will:

Establish KORE as a Google Cloud partner in IoT
Bring KORE's innovative IoT platform and Solutions in Healthcare, Fleet and Industrial onto Google Cloud
Support co-innovation between the two organizations in key industry verticals to achieve success in the rapidly evolving and growing IoT industry

"By partnering with IoT innovators like KORE, we can help businesses securely provision, manage and scale their IoT devices. Through this new partnership, enterprises get more value from connected devices and equipment and gain real-time insights from their IoT data," said Pallab Deb, Managing Director, Application ISV Partnerships at Google Cloud.

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. For more information, visit korewireless.com.

KORE Investors Contact:
Charley Brady
Vice President, Investor Relations
investors@korewireless.com
+1-678-392-2335

KORE Media Contact:
Alisa Moloney
Senior Director of Marketing
amoloney@korewireless.com
+1-770-365-8382

Cautionary Note on Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding KORE's future product or service offerings, projections of market opportunity and conditions, and related expectations. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired companies, changes in the assumptions underlying KORE's expectations regarding its future business; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.