Sonim Set to Seize Market Opportunity Amidst Bullitt Exit
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Sonim presents immediate solution to fill Bullitt void at MWC Barcelona with superior solutions, by appointment only
San Diego, California and Barcelona, Spain--(Newsfile Corp. - February 21, 2024) - In light of recent market shifts following the insolvency of Bullitt Group Ltd., Sonim Technologies (NASDAQ: SONM) is positioned to fill the void as a superior solution in the rugged phone market. As an established enterprise and carrier brand in the rugged mobility solutions space, Sonim is poised to leverage its comprehensive carrier-grade portfolio and commitment to ESG principles to cater to an expanding market share across Europe, including Bullitt's former customers.
Chuck Becher, Chief Commercial Officer at Sonim, says: "For nearly two decades, Sonim has been a trusted name in the rugged phone sector, offering solutions that outperform standard consumer phones. With our established presence in Europe and the UK, we're not just filling a void, we're offering a better alternative: superior quality, reliability, and sustainable solutions that meet diverse needs."
Sonim's industry-leading phones are ready to ship, offering a comprehensive portfolio of rugged, ultra-rugged, and durable phones and wireless internet devices. These are purpose-built for professionals across sectors such as emergency services, healthcare, logistics, agriculture, industrial, hospitality, and small-to-medium businesses.
Simon Rayne, SVP and GM of EMEA and APAC at Sonim, adds: "Sonim already has a footprint in Europe, and this expansion comes at an opportune time. We look forward to engaging with partners seeking high-quality, carrier-grade solutions and helping them navigate this transition smoothly."
Sonim's European presence and staffing enable the company to provide prompt solutions to former Bullitt partners, operators, and customers. The company's Customer Success Support team, renowned for its excellence, along with Sonim's commitment to Environmental, Social, and Governance (ESG) principles, demonstrated by an ECOVadis Silver rating, further highlights Sonim's dedication to quality and sustainability.
Emphasizing this commitment to quality, Sonim's products meet rigorous 12-point Rugged Performance Standards, ensuring they can withstand even the toughest conditions. This is supported by remarkably low field failure and return rates and a standard 3-year comprehensive device warranty, reflecting Sonim's confidence in its products.
Meet Sonim at MWC Barcelona - By Appointment Only
Sonim invites channel distributors, resellers, and mobile operators to experience their industry-leading solutions. Schedule a meeting with the Sonim team at the Mobile World Congress in Barcelona, Feb 26-29, in Hall 3, PMR 3B23Ex.
For more information or to make a purchase, please contact sales@sonimtech.com or visit www.sonimtech.com.
About Sonim Technologies, Inc.
Sonim Technologies is a leading U.S. provider of rugged, ultra-rugged, and consumer durable mobile devices, including phones, wireless internet data devices, tablets and accessories designed to provide extra protection for users that demand more durability in their work and everyday lives. We currently sell our ruggedized mobility solutions to several of the largest wireless carriers in the United States-including AT&T, T-Mobile and Verizon-as well as the three largest wireless carriers in Canada-Bell, Rogers and TELUS Mobility. Our ruggedized phones and accessories are also sold through distributors in North America and Europe. Sonim devices and accessories connect users with voice, data, workflow and lifestyle applications that enhance the user experience while providing an extra level of protection. For more information, visit www.sonimtech.com.
Trademarks
Sonim and Sonim Technologies are trademarks or registered trademarks and service marks of Sonim Technologies, Inc. or its affiliates in the U.S. and other countries. All other names, trademarks, and service marks mentioned in this press release are the property of their respective owners.
Important Cautions Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the ability of Sonim to capitalize on the presented market opportunity and market reception of Sonim's products. These forward-looking statements are based on Sonim's current expectations, estimates and projections about its business and industry, management's beliefs and certain assumptions made by Sonim, all of which are subject to change. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "future", "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include, but are not limited to, the following: Sonim may experience material delays in realizing its projected timelines; Sonim's ability to continue as a going concern and improve its liquidity and financial position; Sonim's exploration of strategic or financial alternatives may not result in any transaction or alternative that enhances value; risks related to Sonim's ability to comply with the continued listing standards of the Nasdaq Stock Market and the potential delisting of Sonim's common stock; Sonim's ability to continue to develop solutions to address user needs effectively, including its next generation products; anticipated sales levels of both new and legacy products; Sonim's reliance on its channel partners to generate a substantial majority of its revenues; the limited operating history in Sonim's markets; Sonim's ongoing restructuring and transformation of its business; the variation of Sonim's quarterly results; the lengthy customization and certification processes for Sonim's wireless carries customers; the impact of global macroeconomic events, inflation, and the COVID-19 pandemic, as well as the other risk factors described under "Risk Factors" included in Sonim's most recent Annual Report on Form 10-K and any subsequent quarterly filings on Form 10-Q filed with the Securities and Exchange Commission (available at www.sec.gov). Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Sonim assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
Press Contact:
Media Contact
Anette Gaven
Sonim Technologies
M: 619-993-3058
pr@sonimtech.com
Investor Contact
Matt Kreps
Darrow Associates Investor Relations
mkreps@darrowir.com
M: 214-597-8200
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198694
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