FOR IMMEDIATE RELEASE:

Loriot expands internationally by opening new office in Valencia, Spain

Thalwil, Switzerland - November 14th, 2016 - Loriot AG, Swiss software company specialized in solutions for LoRaWAN networks expands its presence in Europe by opening a new office in Valencia, Spain.

Loriot's existing Swiss office has been joined by a second office and a new team in Valencia.

"We have reached a significant strategic milestone for the company. We managed to assemble a versatile, professional team for the new office in Valencia, which will help to accelerate development of new applications, integration of new hardware and strengthen our technical support capabilities. The city’s charming location at the coast of the Mediterranean Sea enjoys a year-round mild weather, and frequently tops quality of life rankings. I believe it will make it easier for us to attract more talents from all around Europe in the future." said Loriot CEO, Vit Prajzler.

The main focus of the new team is to enhance, streamline and simplify the on-premise deployment of the Network Server product. The private deployment gives the client complete autonomy and freedom of full, fine-grained control over a LoRaWAN network. Another important focus area is going to be scalability, replication, high availability and security. The goal is to supply a Network Server product that can be utilized for any size of IoT project, ranging from local networks to national roll-outs, and for any kind of vertical, including smart city, smart building, smart agriculture, and Industry 4.0.

Nicolas Beaudoin, VP of Business Development at Loriot, was appointed to lead the Valencian operations. "Valencia is a perfect choice for Loriot. Spain is a promising market for the deployment of LoRaWAN projects. We plan to build up a local competency center and leverage our knowledge and experience to pursue synergies with local companies to deliver full vertical solutions based on LoRaWAN. Our long term goal is to engage local businesses and start-ups in our worldwide business operations, especially in the LATAM region." concluded Beaudoin.

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About Loriot

Loriot provides a portfolio of LoRaWAN software products and software services. Its software is currently powering a global public LoRaWAN network, and numerous public and private networks worldwide.

LORIOT's geographically distributed server infrastructure delivers low-latency access to LoRaWAN network and data management services. The infrastructure enables clients to deliver convincing Proof-of-Concept projects with extremely short time to market, minimized development effort, and fast return on investment. Clear path from PoC to large-scale network is available through the options single-tenant managed services and the option of software licensing of the LoRaWAN managment software for on-premise deployment.

Loriot works closely with LoRa gateway and end-device / sensor manufacturers to ensure high quality and compliance with security standards of complete LoRaWAN-based end-to-end application.

Loriot Contact

LORIOT AG
Vit Prajzler, Chief Executive Officer
Phone: +41
E-Mail: vit
Web: www.loriot.io