RFM (RFMI) Named to 2012 CW 100 For Fifth Consecutive Year
RF Monolithics, Inc. (“RFM”) (NASDAQ: RFMI) was named by Connected World magazine (formerly M2M Magazine) to the 2012 CW 100, its annual listing of top companies that demonstrate significant market traction and pursuit of game-changing technologies in machine-to-machine (M2M) connectivity. The list provides a guide to the companies making a difference in M2M, as chosen by the editors of Connected World magazine.
“To be recognized for a fifth consecutive year by the editors of Connected World testifies to RFM’s ability to visualize and then bring to the marketplace a broad spectrum of new and innovative M2M solutions across a wide range of industries,” said Farlin A. Halsey, CEO and president of RFM. “However, this five year milestone has been no small feat considering the economic climate during this time, the ever-changing landscape in wireless standards, and the natural disasters in the Asian regions. While proud of our accomplishments, we are also humbly grateful for our increased opportunities in this evolving market.”
Five years ago, RFM began adding module products targeting WSN and M2M applications to their existing low power ZigBee and 802.15.4 products. During the 5 year period, RFM has introduced a number of module products specifically aimed at M2M applications including low-power Wi-Fi, WirelessHART, as well as low-power proprietary FHSS modules that have enabled OEMs to simply and cost-effectively add M2M capabilities to their products.
More recently, RFM has announced a series of ready-to-use battery-powered sensor modems and gateways to allow systems integrators and application developers to wirelessly collect sensor data and send it to the Cloud. These products have enabled a variety of M2M applications that were previously economically unfeasible due to the expense of reading and collecting the sensor data. Applications have included freezer monitoring, well-head monitoring, trailer monitoring, as well as industrial automation monitoring.
As standards-based wireless technologies began to emerge as key drivers of M2M OEM products, this year RFM introduced two new standards-based products. In April 2011, RFM introduced the Wi-Fi and Wi-Fi + Bluetooth Combo Modules that feature Bluetooth Low-Energy 4.0 (BLE) for battery-powered applications. As a newly approved Bluetooth standard during 2011, the new Bluetooth BLE feature greatly expands the range of battery-powered applications that are now suitable for Bluetooth communications M2M space.
Then in May 2011, RFM introduced a ZigBee Pro pre-certified module that features the ZigBee Smart Energy and Home Automation Profiles. This new module boasts a 20-50% smaller footprint than competing modules and includes a 1MB flash memory for data logging without adding to the footprint. Smart energy and smart homes are rapidly growing M2M applications and the ZigBee Pro standard is in part driving that growth. The ZigBee Pro standard provides end-to-end vendor interoperability through the Smart Energy and Home Automation operation.
Companies appearing on the CW 100 are chosen from a selection of hundreds of firms, both private and publicly traded. The criteria for the listing include: sales and earnings growth, contribution to the M2M space, and innovation in multiple markets served during the past 12 months.
About RFM
RFM, headquartered in Dallas, Texas, is a provider of solutions-driven, technology-enabled wireless connectivity for a broad range of wireless applications – from individual standard and custom components to modules for comprehensive industrial wireless sensor networks and machine-to-machine (M2M) technology. For more information on RFM, please visit the Company’s website at www.RFM.com.
Forward-Looking Statements
This news release contains forward-looking statements, made pursuant to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Statements of the plans, objectives, expectations and intentions of RFM and/or its wholly-owned subsidiaries (collectively, the “Company” or “we”) involve risks and uncertainties. Statements containing terms such as “believe”, “expect”, “plan”, “anticipate”, “may” or similar terms are considered to contain uncertainty and are forward-looking statements. Such statements are based on information available to management as of the time of such statements and relate to, among other things, expectations of the business environment in which we operate, projections of future performance, perceived opportunities in the market and statements regarding our mission and vision. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, including risks related to economic conditions as related to our customer base, collection of receivables from customers who may be affected by economic conditions, maintaining favorable terms of sales, the highly competitive market in which we operate, rapid changes in technologies that may displace products sold by us, declining prices of products, our reliance on distributors, delays in product development efforts, uncertainty in consumer acceptance of our products, changes in our level of sales or profitability, manufacturing and sourcing risks, availability of materials, cost of components for our products, product defects and returns, as well as the other risks detailed from time to time in our SEC reports, including the report on Form 10-K for the year ended August 31, 2010. We do not assume any obligation to update any information contained in this release.
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