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Sierra Wireless Completes Asset Purchase Agreement with Junxion, Inc.

2008-08-05 08:00:00

    VANCOUVER, Aug. 5 /EMWNews/ - Sierra Wireless (NASDAQ:

SWIR - TSX: SW) announced today they have completed an agreement to

purchase the assets of Junxion, Inc. effective immediately.

    Based in Seattle, Junxion is a privately held company that delivers

managed 3G wireless router solutions for enterprise and government

customers. Junxion's platform provides reliable and secure real-time data

access for mission-critical applications anywhere cellular connectivity is


    "The purchase of Junxion's assets is consistent with our strategy of

building differentiation and expanding our position in the mobile and M2M

space," said Jason Cohenour, President and CEO of Sierra Wireless. "By

leveraging Junxion technology and incorporating it into our Mobile and M2M

product portfolio, we will enhance and diversify our offering of high value

equipment, services, and software to support this growing market."

    Junxion products and technology will be integrated into the Mobile &

M2M group at Sierra Wireless. Sierra Wireless will continue to support

existing Junxion products and customers and work with existing Junxion

partners to deliver compelling products and services.

    For more information on Junxion please visit

    About Sierra Wireless

    Sierra Wireless (NASDAQ: SWIR - TSX: SW) modems and software connect

people and systems to mobile broadband networks around the world. The

Company offers a diverse product portfolio addressing enterprise, consumer,

original equipment manufacturer, specialized vertical industry, and

machine-to-machine markets, and provides professional services to customers

requiring expertise in wireless design, integration, and carrier

certification. For more information about Sierra Wireless, visit

    Forward-Looking Statements

    This press release contains forward-looking statements that involve

risks and uncertainties. These forward-looking statements relate to, among

other things, plans and timing for the introduction or enhancement of our

services and products, statements about future market conditions, supply

conditions, channel and end customer demand conditions, revenues, gross

margins, operating expenses, profits, and other expectations, intentions,

and plans contained in this press release that are not historical fact. Our

expectations regarding future revenues and earnings depend in part upon our

ability to successfully develop, manufacture, and supply products that we

do not produce today and that meet defined specifications. When used in

this press release, the words "plan", "expect", "believe", and similar

expressions generally identify forward-looking statements. These statements

reflect our current expectations. They are subject to a number of risks and

uncertainties, including, but not limited to, changes in technology and

changes in the wireless data communications market. In light of the many

risks and uncertainties surrounding the wireless data communications

market, you should understand that we cannot assure you that the

forward-looking statements contained in this press release will be


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Jordan Taylor

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