KERLINK (EPA:ALKLK) - Kerlink Solutions to Power Rollout of World’s First Automated Stem-Water Measuring System

Transparency directive : regulatory news

31/03/2020 18:00

Kerlink Solutions to Power Rollout of World's First Automated Stem-Water
Measuring System

      Backed by EUR1.5 Million EC Grant, Saturas Will Package Its Ag-Tech
                       Breakthrough on LoRa(r) Networks

PRESS RELEASE

Thorigné-Fouillard, France and Misgav, Israel - March 31st, 2020, 6:00 p.m.
CET - Kerlink (AKLK - FR0013156007), a specialist in solutions dedicated to the
Internet of Things (IoT), and Saturas Ltd., the developer of a breakthrough
stem-water measurement system for highly efficient farming, today announced
that Kerlink will provide Saturas with LoRa-based hardware and software as it
launches its technology commercially.

Kerlink is a leading global provider of solutions for designing, launching, and
operating public and private LoRaWAN(r) IoT networks. It offers a comprehensive
product portfolio of industrial-grade network equipment, best-of-breed
network-core, operations, and management software, and value-added
applications.

Saturas, an Israeli startup, has raised about $9 million, including a
prestigious EUR1.5 million H2020 grant from the European Commission in 2019, to
support its miniature, tree embedded sensor system that continuously measures
stem water potential (SWP) of trees and vines. SWP is scientifically recognized
as the most reliable measurement of water stress and an important practical
tool for irrigation management. It is the first company to develop a system for
measuring SWP automatically, replacing the cumbersome manual devices that
fruit-tree and vineyard growers have used for decades. Using Kerlink stations,
the company's tiny LoRa(TM) sensors transmit processed data to central,
automated irrigation-control systems, tailoring irrigation to crops' real-time
needs.

Kerlink will supply Saturas's deployments with hardware and software such as
its solar-powered Wirnet(TM) iStation, Wanesy(TM) Management Center, a robust
solution for managing private IoT networks, and Wanesy(TM)
Network-as-a-Service, a turnkey comprehensive offer combining key
infrastructure, operations, security and professional services.

"Precision agriculture, led by precision irrigation, is a vital and rapidly
growing global business sector with an estimated annual growth rate of over 20
percent," said Anat Halgoa Solomon, Saturas co-founder & CEO. "Saturas is
positioned to establish a strong presence in this market, and it is vital that
we partner with the leading, most reliable companies in the supply chain. The
quality of Kerlink's hardware and software solutions has been proven many times
in diverse, challenging environments around the world, and will be a natural
fit for our global commercial rollout."

"Smart farming, or ag-tech, is one of the Internet of Things' most important
vertical markets but it needs the breakthrough innovations that companies like
Saturas are bringing to fields and orchards to deliver on its promise," said
Romain Weryk, Kerlink key account manager. "Kerlink's equipment and software,
with their flexibility for supporting customized private networks, are the
backbone of IoT networks across more than 120,000 installations in 69
countries."

About Kerlink

Kerlink Group is a leading global provider of connectivity solutions for
designing, launching, and operating public & private Internet of Things
networks. Its comprehensive product portfolio includes industrial-grade network
equipment, best-of-breed network core, operations and management software,
value-added applications and expert professional services, backed by strong R&D
capabilities. Kerlink specializes in enabling future-proof intelligent IoT
connectivity for key verticals such as fleet management, transportation &
logistics, retail, asset tracking, and smart metering, as well as smart
agriculture & environment, and smart cities, buildings, and factories. More
than 120,000 Kerlink installations have been rolled out with more than 330
clients in 69 countries. Based in France, with subsidiaries in the US,
Singapore, India, and Japan, Kerlink is a founding and board member of the LoRa
Alliance(TM) and the uCIFI Alliance(TM). It is listed on Euronext Growth Paris
under the symbol ALKLK.

For more information, visit www.kerlink.com or follow us on Twitter
@kerlink_news.

About Saturas Ltd.

Saturas, founded in 2013, is an Israeli company that develops Advanced Decision
Support Systems (ADSS) for precision irrigation based on its miniature Stem
Water Potential (SWP) sensor. The Saturas Stem Water Potential (SWP) concept
was developed from the field by Dr. Moshe Meron, a senior researcher at MIGAL
Research Institute, and a leading member of the Saturas team. MIGAL supports
about 10,000 farmers in north Israel, who produce approximately 20% of the
national agriculture production, and is internationally recognized as a hub of
agro-innovation. Visit http://saturas-ag.com

Upcoming events
2019 Results and Q1 revenue: 28 April 2020, after market close
www.kerlink.com

Saturas contact:
Avi Shtein
VP of Marketing & Sales
+972-524728287
avi@saturas-ag.com

Financial press contact:
Actifin
Isabelle Dray
+33 (0) 1 56 88 11 29
idray@actifin.fr

Investors contact:
Actifin
Benjamin Lehari
+33 (0)1 56 88 11 25
blehari@actifin.fr

Kerlink press & market analysts contact:
Mahoney Lyle
Sarah-Lyle Dampoux
+33 (0) 6 74 93 23 47
sldampoux@mahoneylyle.com

www.kerlink.com,
Linkedin: Kerlink,
Twitter: @kerlink_news,
Youtube: Kerlink

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KERLINK (EPA:ALKLK) - Kerlink Solutions to Power Rollout of World’s First Automated Stem-Water Measuring System

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