M2M Data Corporation and Automation & Electronics Team Up : Leading Hardware and Services Providers Partner to Deliver End to End Solutions

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Today M2M Data Corporation, the leader in remote monitoring and asset management for the energy industry, and Automation & Electronics Inc., a leading industrial design and build electrical contractor, signed a memorandum of understanding that outlines a preliminary teaming agreement between the two companies. The term of the MOU is six months within which time both companies will put forth best efforts to reach a definitive agreement.

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Customers who purchase AE hardware combined with M2M's services get a world-class solution. This agreement with M2M is the first step in what we believe will be a long and fruitful relationship.

As part of this agreement, Automation & Electronics (AE) will become a major supplier of M2M Data Corporation's hardware that is used for the monitoring and management of remote assets. AE will also serve as an installation and integration partner to help simplify the installation process, making the deployment of M2M's iServices™ seamless for customers. It will now be easier than ever for customers to get an end to end solution that meets all of their remote asset monitoring and management needs. Additionally, the agreement outlines how the two companies will pursue joint sales engagements.

"At M2M we look to build solid relationships with our partners where both parties benefit," said Donald I. Wallace, M2M's President and CEO. "We believe that this relationship will benefit AE, M2M, and more importantly our customers," he added. "It is amazing how well the two companies' capabilities complement one another."

Stuart Tanner, AE's CEO, echoed Wallace's comments: "Customers who purchase AE hardware combined with M2M's services get a world-class solution. This agreement with M2M is the first step in what we believe will be a long and fruitful relationship."

About M2M Data Corporation

M2M Data Corporation is the leading provider of remote asset monitoring and management services to the energy industry. M2M's iServices™ Suite is a hosted solution that enables organizations to monitor assets, perform remote diagnostics and streamline maintenance and dispatch operations. With solutions for the natural gas compression, upstream and midstream energy, power generation, and driver and automation equipment OEM segments, M2M's services helps customers achieve operational excellence. Customers using iServices are better able to honor contractual commitments, maximize production, and improve efficiency.

About Automation & Electronics

Automation & Electronics, Inc. is a 50-year-old industrial electrical design and build contractor that provides engineering, electrical contracting, programming, communication, technical, and electrical services to the energy market. A&E provides telemetry and automation solutions for monitoring and control of remote equipment using its own embedded equipment and PLCs.

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Jason Weinberger
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