....the Company added approximately 85,000 subscriptions, bringing its M2M subscription base to more than 1.43 million at the end of 2011. Stratton Nicolaides, chairperson and CEO of Numerex, said, "The Company's subscription growth in 2011 was at the higher end of the range of expectations as a result of strong demand from our channel partners in the latter half of last year. We believe that this trend will continue and, as a result, we expect to grow our M2M subscription base between 23 and 28 percent in 2012. This growth in subscriptions will drive additional 2012 M2M recurring revenues, which we anticipate will increase by 18 to 23 percent." Numerex will be presenting at the Sidoti & Company Micro Cap Conference being held at the Grand Hyatt Hotel in New York City on Monday, January 9th, 2012. Numerex will report its earnings for the fourth quarter and year-end 2011 on February 21st before the opening of the stock market.
