TESS Tessco Technologies Inc.

Tessco Adds Inseego LTE Modems and Routers for Enterprise IoT

TESSCO Technologies (NASDAQ: TESS) announced it is now distributing products from Inseego Corp., an industry leader in 5G and intelligent IoT device-to-cloud solutions.

Inseego’s highly reliable and enterprise-grade secure Industrial IoT routers and modems meet the need for fast, secure, and reliable connectivity everywhere — including distributed enterprise, business continuity, public sector, utility, infrastructure, and other applications requiring 7x24 reliability 365 days a year.

“Inseego is an excellent addition to Tessco’s IoT product offering and we are excited to offer it as part of our portfolio to our customers,” said Tammy Ridgley, Tessco’s Vice President of Solution Development, Product, and Supply Chain Management. “At Tessco we are committed to providing our customers with edge-to-cloud connectivity and enablement through turnkey wireless solutions. With the addition of Inseego, Tessco continues to build out a robust, comprehensive, and competitive IoT offering for our customers.”

“Today’s enterprise and industrial IoT networks need reliable, secure connectivity everywhere, and no one delivers that better than Inseego,” said Mark Frisch, Inseego EVP of Americas Sales. “We look forward to working with Tessco and their customers to take their IoT networks to the next level of performance.”

About TESSCO Technologies Incorporated (NASDAQ: TESS)

TESSCO Technologies, Inc. (NASDAQ: TESS) is a value-added technology distributor, manufacturer, and solutions provider serving commercial and retail customers in the wireless infrastructure and mobile device accessories markets. The company was founded more than 30 years ago with a commitment to deliver industry-leading products, knowledge, solutions, and customer service. Tessco supplies more than 50,000 products from 400 of the industry’s top manufacturers in mobile communications, Wi-Fi, Internet of Things (“IoT”), wireless backhaul, and more. Tessco is a single source for outstanding customer experience, expert knowledge, and complete end-to-end solutions for the wireless industry. For more information, visit .

EN
25/06/2020

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Two Directors at Tessco Technologies Inc bought 305,000 shares at between 5.080USD and 5.430USD. The significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ...

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