Farsens and Teslonix sign Business Collaboration Agreement

San Sebastian, Spain. September 11, 2018 – Farsens, a leading chip manufacturer for wireless and battery free sensors, and Teslonix Inc, a major innovator in Internet of Things (IoT) connectivity and management solutions, are pleased to announce that they have signed a business collaboration agreement today. This agreement will facilitate collaboration in a number of areas including joint marketing and technical projects when mutually beneficial.

“We are delighted to sign this agreement with Farsens today. Recently it became clear it would be mutually beneficial to formalize the arrangement,” stated Dr. C. Paul Slaby, CEO of Teslonix. “The combination of Farsens’ passive sensor solutions with the extended range delivered by our IoT SmartKick solution makes cost-effective passive Smart Spaces and many Industrial IoT applications practical.”

“Our relationship with Teslonix is helping both companies improve their solutions and expand market awareness. The time is right to formalize the relationship,” stated Mikel Choperena, CEO of Farsens S.L. “Our collaboration with Teslonix has proven that Farsens’ innovative battery free sensor tags can be used in even more IoT applications due to enhanced read ranges.”

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About Farsens

Farsens is an international and innovative company with extensive experience in wireless sensor networks. Focused on battery free RFID sensor solutions, Farsens is a leading provider of UHF RFID chips for IoT applications. Typical applications include rotor temperature monitoring, battery free tire pressure monitoring systems, structural health monitoring in construction or battery free pick to light in warehouses. For more information please visit www.farsens.com

About Teslonix

Teslonix develops ground-breaking IoT connectivity solutions that create Smart Spaces by providing total area coverage to autonomously monitor and manage objects and devices in real-time within a given space. Fully autonomous and easy to install, the Teslonix device connectivity platform not only reduces the cost of required infrastructure by a factor of 5 but also increases accuracy and efficiency. The system is perfect for wireless sensor network management and provides valuable actionable information in real-time. For more information please visit www.teslonix.com