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Press Release

Xact Technology Named To The 2012 CW 100

Joins Top Firms on Prestigious List of the Most Innovative Providers of M2M Technology and Connected Devices

New York, New York - October 5, 2011 - Xact Technology, LLC has been named by Connected World Magazine to the 2012 CW 100, a list of the top companies that are demonstrating significant market traction and pursuing game-changing technologies in connectivity. The list provides a guide to the companies making a difference in connected devices and M2M. From those that have long established their expertise to organizations just emerging in the market, the CW 100 is made up of innovative companies that are leading the charge when it comes to M2M.



“We’re thrilled to be included in the CW 100”, said Joe Jesson, CTO of Xact Technology. “It’s a recognition of the innovation Xact is bringing to the market, through both our open approach to M2M product development and our end-to-end business solutions”, he added.

Companies appearing on the CW 100 are chosen from a selection of hundreds of firms, both private and publicly traded. The criteria for the listing include sales and earnings growth, contribution to the connected-devices space, and innovation in multiple markets served during the past 12 months. This year’s listing will be published in the November/December issue of Connected World magazine.

About Xact Technology, LLC
Xact Technology is a solutions provider for the GPS tracking, LBS, and M2M industries. Xact Technology enables wireless innovation by integrating best-in-class hardware, open software, tier-1 network connectivity, and a choice of data management tools to reduce the complexity, cost, and time required to bring new M2M applications to market. Xact is based in New York City and is a portfolio company of DMC Capital Funding.  visit www.xacttechnology.com.

About DMC Capital Funding, LLC
DMC Capital Funding is a privately held growth equity firm, serving companies in the consumer and enterprise technology sectors. Beyond capital, DMC Capital Funding brings to its investments wide-ranging experience, deep industry expertise, and an assortment of value-added business services. Founded on a 50-year heritage in technology, product development, marketing, sales, and financing, DMC Capital Funding makes private equity investments work better. DMC Capital Funding is a part of the DMC group of companies. For more information, call 212.779.8400 or visit www.dmccapitalfunding.com.

About Connected World magazine
Connected World is the definitive resource on connectivity trends and mobile lifestyles. The magazine an Website are the authoritative voice that set the direction for influential individuals looking to take innovation and emerging technology to the next level. By shaping the way readers embrace connected devices, Connected World helps make the present look more like the future. www.connectedworldmag.com.

For more information Contact:
+1 (212) 481-7950