NEWPORT BEACH, Calif., April 16, 2018 (GLOBE NEWSWIRE) -- Tri Cascade, Inc., a subsidiary of SkyFidelity, Inc. (SRMX) and an Internet of Things (IoT) technology company, is pleased to announce a new partnership with Grupo Datco, a multidimensional telecommunications and IT provider based in Argentina. Tri Cascade and Grupo Datco will work together to drive IoT product and business development for Tri Cascade’s Smart IoT platform in Argentina and across South America.
Tri Cascade’s IoT technology features machine-to-machine (M2M) network connectivity and Narrowband IoT (NB-IoT) technology developed to deliver next-generation smart home solutions in conjunction with the coming availability of 5G wireless connectivity.
Grupo Datco is a leader in the South American telecommunications and IT industry with significant fiber, wireless, broadcast and IT assets in Argentina and other parts of the Latin American region, including significant assets in key 5G spectrum bands. Grupo Datco is at the forefront of technological and business innovation in the region and uniquely positioned to help Tri Cascade grow.
“Tri Cascade is excited for the opportunity to partner with an established, respected brand like Grupo Datco with decades of experience working alongside multinational technology companies to make an impact in the South American telecom and IT sector,” said Max Li, president and CEO of Tri Cascade. “I’ve worked with Grupo Datco for more than 30 years and believe strongly that they have the knowledge and infrastructure in place to help Tri Cascade become the IoT technology leader in the region.”
With this partnership, Tri Cascade aims to aggressively pursue its vision to build smart neighborhoods and promote energy efficient solutions throughout South America with the company’s advanced IoT technology. To learn more about Tri Cascade and the company’s smart home technology, please visit http://www.tricascadeinc.com/.
About Tri Cascade, Inc.
Founded in May 2010, Tri Cascade, Inc. is committed to developing innovative Internet of Things convergent technologies and products to reduce energy costs and empower the end user for smarter and safer living. Leveraging its extensive experience in energy management, wireless networking, and home and B2B automation and device control systems, Tri Cascade focuses on bringing leading edge Wi-Fi and machine-to-machine wireless innovations for smart energy management to both residential and commercial markets. Tri Cascade aims to use the Internet of Things to make cities dynamic and responsive to energy demands and sudden energy spikes. Tri Cascade’s first product release is the i-BRIGHT™7x Smart Surge Protector, a Wi-Fi-enabled home energy management tool embedded with online scheduling and power consumption metering on the Microsoft® Cloud. For more information, visit www.tricascadeinc.com.
Safe Harbor: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
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