KERLINK (EPA:ALKLK) - Kerlink & WEGoT, an Indian Provider of IoT Water-Management Systems, to Partner on Major Expansion of Deployments

Transparency directive : regulatory news

10/06/2021 18:00

Kerlink & WEGoT, an Indian Provider of IoT Water-Management Systems, to
Partner on Major Expansion of Deployments

Goal Is to Save More than 10 Billion Liters of Water In Residential and
Commercial Buildings by 2024

PRESS RELEASE

Thorigné-Fouillard, France and Chennai, India - June 10, 2021, 6:00 p.m. CET -
Kerlink (AKLK - FR0013156007), a specialist in solutions dedicated to the
Internet of Things (IoT), and WEGoT, a provider of wireless, real-time
water-management systems, today announced they are partnering to expand and
accelerate adoption of WEGoT's solutions to help address serious water
shortages in India.

With a population of more than 1.3 billion, almost one-fifth of the world's
population, India faces ongoing challenges providing adequate water for
residential and industrial consumption. NITI Aayog, a public-policy think tank
of the Indian government, forecasts the country's water supply will meet only
half of demand by 2030.

Designed for facilities ranging from hotels, hospitals and factories to
high-rise residential buildings, WEGoT's Aqua IoT-based solution monitors
water-supply systems by tracking detailed consumption data via its highly
accurate, ultrasonic sensors that measure water flow, pressure, and quality,
and transmit the data to property managers' dashboards and smartphones in real
time. The system consistently has enabled users, such as large residential
communities, to reduce their water consumption by 40-50 percent, bringing a 40
percent reduction in water-related costs. Property owners typically achieve an
RoI within 12 months of installing the system. In addition to monitoring
consumption, the WEGoT Aqua solution also sends water-

leak alerts to users' mobile apps, which can be used to stop the supply of
water to the source of the leak.

Kerlink and WEGoT will combine the Indian startup's ultrasonic water meters and
cloud application in LoRaWAN(r) networks with Kerlink's carrier-grade outdoor
Wirnet(TM) iStations and industrial-grade Wirnet iFemtocell indoor gateways,
which receive sensor-generated data and transfer it to building and facility
managers. It also gives businesses, such as water-delivery companies and water-
and sewage- treatment plants, a real-time picture of operations, and informs
preventative- maintenance decisions.

WEGoT, which was launched in 2015, calculates that its systems in more than
30,000 homes and 40 million square feet of commercial space have saved more
than 3 billion liters of water. With a goal of saving another 10 billion-plus
liters in the next three years, WEGoT and Kerlink plan to deploy the system in
a million more homes and more than 5,000 commercial and industrial facilities
by 2024.

WEGoT Ultrasonic Sensor

"Kerlink is a strong and responsive partner in our plan to expand and
accelerate deployments of WEGoT's Aqua solution, because their equipment is
being used in diverse Indian LoRaWAN networks and has proven to be robust and
reliable under any conditions," said Vijay Krishna, WEGoT's vice president,
networks. "Because of that experience, the company understands how to do
business in India, which helps make our system rollouts for customers simple
and quick."

"WEGoT's Aqua solution is an innovative, necessary tool for reducing water
consumption - and waste - supported by a customer-friendly business model that
provides users with details of their use, and encourages them to take their own
steps to manage consumption and support sustainable living practices," said
Girish Dadheech, vice president of Kerlink India. "The market for this timely
solution delivered in LoRaWAN customized private networks is large."

About Kerlink
Kerlink Group is a leading global provider of end-to-end connectivity solutions
for designing, deploying, and operating public & private low power/wide area
(LPWA) Internet of Things (IoT) 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 three major domains:
Smart City & Quality of Life - urban operations, utilities & metering, retail &
public places, infrastructure & hubs, health; Smart Building & Industry -
buildings & real estate, industry & manufacturing, asset monitoring & tracking,
and Smart Agriculture & Environment - precision agriculture, cattle monitoring
& farming, environment & climate, and wildlife protection. More than 140,000
Kerlink installations have been rolled out with over 350 clients in 70
countries. Based in France, with subsidiaries in the US, Singapore, India and
Japan, Kerlink is a co-founder and board member of the LoRa Alliance(r) 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 our social media - Twitter @kerlink_news, LinkedIn #Kerlink,
YouTube - Kerlink

About WEGoT
Founded in 2015 to provide India's residents, businesses and industries the
means to monitor and control their water consumption - and help India address
water shortages, WEGoT introduced the Aqua system. This solution features
highly accurate ultrasonic sensors in a LoRaWAN(r) network that provides
building and facility owners and managers real-time data on water flow,
pressure, and quality. The system has been shown to reduce water use in large
residential facilities by approximately 50 percent, and bring owners an RoI in
12 months.
Visit www.wegot.in/

                              Upcoming events
                 Q2 revenue: 22 July 2020, after market close
                              www.kerlink.com

WEGoT Utility Solutions contact:
Abilash Haridass
+91 8448444931
abilash@wegot.in

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

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

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

www.kerlink.com

KERLINK's latest news

18/04/2024 18:00

KERLINK (EPA:ALKLK) - Kerlink &amp; WEGoT, an Indian Provider of IoT Water-Management Systems, to Partner on Major Expansion of Deployments

Transparency directive : regulatory news

KERLINK's latest news

Other stories

KERLINK (EPA:ALKLK) - Kerlink & WEGoT, an Indian Provider of IoT Water-Management Systems, to Partner on Major Expansion of Deployments