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Tech play Connected IO received combined cash receipts and accrued revenues of $998,000 in the June 2018 quarter with another $650,000 in purchase orders on the books yet to be invoiced. The company expects these results to scale up in the second half of 2018 on the back of its strategic relationships with major US customers.

Tech play Connected IO took in cash receipts and invoiced products this quarter to the value of $660,000 with another $650,000 in purchase orders on the books yet to be invoiced. Bottom line performance is also expected to improve with reduced U.S. overheads and renegotiated manufacturing costs expected to boost gross margins from 30% to 50% on some products.

Internet of things company Connected IO is partnering with leading US IT firm and cyber security company Netsurion on a line of customised wireless routers in a deal worth $1.8 million over three years. The partnership will see Connected IO design and manufacture a purpose-built family of modem-like devices for the Florida-based producer of security products, managed networks and compliance solutions.

Connected IO has strengthened its relationship with a major US telco, securing a reseller agreement for its internet of things products in North America. The deal will see Connected IO's wireless modem like products sold into the US by the unnamed telco giant that has a sales force of over 3,000 people in North America. Connected IO's technology enables a user to remotely monitor and control devices via the internet.

ASX-listed Connected IO is on the brink of tying up and toasting its largest contract to date after a leading US-based cyber security firm completed prototype trials and delivered a flying pass mark for its wireless “internet of things” routers. The company said it will now enter a three-year-deal to supply the cloud-based, online card data security business with $6.9million worth of its high-tech products.

ASX-listed Connected IO has secured a letter of intent from a US-based cyber security company to provide it with customised routers ahead of a proposed deal worth $6.9 million over a three-year period. The deal, which is expected to be finalised in the next week, will see Connected IO supply the US company with its cutting-edge Category 1 internet of things wireless routers .

Connected IO has tapped into a pipeline of potential growth by signing a deal with KORE to promote and sell its products in over 160 countries. The United States-headquartered KORE boasts a number of top tier corporate clients on its books, particularly in North America, and has the capacity to catapult Connected IO into the tech big league around the world.

Perth-listed Connected IO has posted a staggering 363 per cent lift in revenue in calendar year 2017 to $2.44m after a better-than-expected December quarter. The “internet of things” upstart company expects further growth in 2018 and says it has already secured a strong pipeline of new purchase orders worth more than $2 million for 2018.

Perth-listed junior tech company Connected IO posted a whopping 340 per cent lift in revenue in 2017, delivering a top-line of $2.2 million this year. The “internet of things” company, which has rapidly expanded its customer base in 2017, expects further growth in 2018 given the strong pipeline of new purchase orders it secured in recent months. The order book for 2018 is already sitting at $3.3m.

Internet of things player Connected IO's entry into the US market continues to build momentum, with the Perth-listed company confirming $1 million worth of new orders from US-based Rosco Vision Systems. Connected IO has also received an order for an additional 1,000 of its Cat-1 wireless modem like devices from Rosco as part of the deepening ties between the two companies.

ASX listed Connected IO has bagged an order for 1,000 of its cutting-edge wireless modem like devices from Rosco Vision Systems as the Perth-listed company cements its links with the US-based in-vehicle video market player. Connected IO has already sold thousands of its devices to Rosco and expects a flurry of new orders from the in-vehicle video company in 2018.

Wireless technology innovator Connected IO could be in for an unexpected bonus thanks to a surge in gold exploration activity around a project retained from its former days as a gold explorer. Connected IO's Mission and Cables Gold project is next door to the 3Moz Darlot gold mine, now undergoing a renaissance under new ownership. The company has engaged an outside party to evaluate the project.

Perth listed Connected IO has secured a purchase order from electronics giant LG for the "internet of things" tech tyro's cutting-edge wireless communications devices. The company says it received the initial order from electronics giant LG, flowing from its relationship with US telco Verizon, for 140 next-gen routers to assist LG with its North American wireless requirements.

Perth-listed Connected IO says it is confident of pushing into Asia with its cutting edge “internet of things” technology after meeting with military and police representatives in Thailand and the Philippines. The wireless tech upstart will work with the emerging Asian nations to develop products such as body cameras, in-vehicle communications and drones for pilot programs this year.

The goal of any new tech company is to get to breakeven quickly and then on to profitability. Internet of things upstart Connected IO may be only months away from positive cash flow after posting a record quarter. The company has been rapidly expanding its customer base with its disruptive, machine-to-machine communications and cellular connectivity devices as it blazes a trail in the multi trillion dollar sector

ASX listed Connected IO has secured yet another large purchase order for its cutting-edge next-gen modem like devices that allow everyday “things” and machines to be connected via the internet. The $348,000 purchase order came from California-based Premier Wireless after yet another referral from US Telco giant and Connected IO collaborator Verizon.

Connected IO has unveiled a range of cutting-edge WiFi routers targeted at the multi-trillion dollar "Internet of Things" sector with applications that include digital signage, point of sale, vending machines and security. The ASX junior said despite only launching its new range this week, it had already received significant early demand for the new devices which are targeted at large, enterprise level customers

Connected IO's relationship with US telco giant Verizon continues to deepen, with the ASX-listed tech company locking in another customer referred from Verizon. In-vehicle video system supplier Rosco Vision Systems has committed to integrating Connected IO's cellular and cloud based device management solutions into its in-vehicle technology used in emergency vehicles, buses, taxis and fleet vehicles.

ASX listed "internet of things" player Connected IO continues to strengthen its relationship with Verizon, with the Perth-listed company receiving its biggest ever purchase order from one of the giant US telco's preferred distributors, Mach Networks. Management said it received the order from the machine-to-machine solutions provider for 3,000 of its modem like units, worth over $700,000.

It seems that almost no market is out of bounds for “internet of things” player Connected IO and their wireless command and control technology. In what looks like proof positive that the "internet of things" market has definitely arrived, last week the company announced a major new deal in the military drone market and this week they are selling their technology to 3000 US Burger King stores.

Perth listed Connected IO has announced it will partner with major US drone company AirShip, with the ASX-listed tech player to provide its innovative wireless solutions for use in cutting edge military and commercial unmanned aerial vehicles. Connected IO says Airship drones have already been selected by military outfits around the world to provide covert services on the battlefield.

Connected IO has delivered its fourth consecutive quarter of record revenues as the Perth-listed tech company continues to reap rewards from its foray into the booming “internet of things" sector. Revenues hit a record $822,562 in the June quarter, up 45 per cent from the previous quarter and nearly 2,000 per cent higher than the same time last year.

"Internet of things” player Connected IO's relationship with US telco giant Verizon continues to pay off, resulting in a follow-up order from the American Red Cross. Connected IO will work with Verizon to provide more dependable wireless communication solutions for the Red Cross via its innovative modem like devices that are capable of connecting almost anything to the internet.

Perth listed Connected IO continues to cement its relationship with US telco Verizon. The company announced this week the securing of new purchase orders for its “internet of things” services and products from two of the US telco giant's enterprise customers. The repeat orders, from the State of Nebraska and a US security firm, are worth more than $AUD205,000.

ASX listed Connected IO continues to forge ahead in the multi-trillion dollar internet of things sector, securing a purchase order from US electronics giant Arrow Electronics for its cutting-edge wireless modem devices. The order will see the company's products available through Arrow's 465 offices across 90 countries.

ASX-listed Connected IO continues to blaze a trail in the burgeoning “internet of things” global market with the launch of a new wireless modem device designed to take advantage of the latest low latency broadband cellular network known as “Cat 1”. Cat 1 has been built by major mobile service companies around the world to provide an optimized, cost effective network specifically for the internet of things.

Perth based Connected IO has added another blue-chip client to its expanding US customer base securing a $100,000 purchase order from a leading US wireless solutions provider. The order strengthens the company's growing revenues and adds to its already impressive customer base that includes Coca-Cola, US telcos Verizon and AT&T, Vodafone and The Red Cross.