NEW YORK, NY–(Marketwired – May 19, 2015) - Sierra Monitor Corporation (OTCQB: SRMC) CEO Varun Nagaraj discussed the company’s positive first quarter results, marking their 11th consecutive dividend payment. He also updated listeners on the company’s recent distribution partnership with Kele, which will provide SRMC with a platform for distributing their easy-to-use products to a large community of integrators and building contractors. Mr. Nagaraj described Sierra Monitor Corporation as an Internet of Things (IoT) company with two main product lines. The connectivity product line is used by facility managers or large OEMs to connect different systems and equipment in a commercial or industrial facility. The second product line is centered around the protection value proposition to provide a full solution for facility managers looking to protect their personnel and assets from hazardous gases or flames that might exist in those facilities. Mr. Nagaraj also discussed his background and provided an overview of SRMC’s key management officers. In addition, he stated the company’s goal of being at the cutting edge of key market trends, particularly the adaptation and adoption of IoT technologies by industrial customers.
About Sierra Monitor Corp:
Sierra Monitor Corporation addresses the industrial and commercial facilities management market with Industrial Internet of Things (IIoT) solutions that connect and protect high-value infrastructure assets.
The company’s FieldServer brand of protocol gateways is used by system integrators and OEMs to enable local and remote monitoring and control of assets and facilities. With more than 100,000 products, supporting over 140 protocols, installed in commercial and industrial facilities, FieldServer is the industry’s leading multi-protocol gateway.
Sierra Monitor’s Sentry IT fire and gas detection solutions are used by industrial and commercial facilities managers to protect their personnel and assets. Sentry IT branded controllers, sensor modules, and software are installed at thousands of facilities such as natural gas vehicle fueling and maintenance stations, wastewater treatment plants, oil and gas refineries and pipelines, parking garages, US Navy ships, and underground telephone vaults.
Headquartered in the heart of Silicon Valley in Milpitas, California, Sierra Monitor was founded in 1979 and has been a public company (SRMC) since 1989. By combining its distinguished track record in industrial sensing and automation with emerging IoT technologies such as cloud connectivity, big data, and analytics, Sierra Monitor is at the forefront of the emerging IIoT trend.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SRMC or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, such statements in this release that describe the company’s business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.