Sierra Wireless Reorganizes

Wireless technology vendor sets up three new business units

September 24, 2010

1 Min Read

VANCOUVER -- Sierra Wireless (NASDAQ: SWIR - TSX: SW), a leading global provider of wireless solutions for mobile computing and machine-to-machine (M2M) communication, today announced a new organizational structure designed to sharpen focus on distinct market opportunities and accelerate profitable growth.

The new organizational structure establishes three business units - M2M Embedded Solutions, Mobile Computing, and Solutions & Services. Dedicated sales, marketing and research & development functions within each business unit bring teams closer to their customers. Common wireless platforms, an integrated supply chain, and a strong global presence provide unique leverage and highly competitive scale.

"With the integration of our M2M businesses complete, the time is right to launch a new organization that strengthens customer focus and enhances responsiveness in key markets," commented Jason Cohenour, Sierra Wireless President and CEO. "This business unit structure allows us to rapidly address different customer and product requirements in mobile computing, embedded M2M and M2M solutions, and positions us to drive strong, sustained growth and improved profitability."

Sierra Wireless Inc. (Nasdaq: SWIR; Toronto: SW)

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