Smith Micro and Option Enhance Manageability for the Internet of Things

ALISO VIEJO, CA--(Marketwired - Feb 20, 2014) - Smith Micro Software, Inc. (NASDAQ: SMSI), a leading provider of wireless and mobility solutions, and Option (OPTI) (OTC: OPNVY), the company connecting Things to the Cloud, today announced a partnership to enhance machine-to-machine (M2M) and mobile hotspot environments with intelligent remote policy management and value-add content delivery. Through this partnership, Smith Micro's NetWise® solution will be integrated with Option's CloudGate M2M gateway, with a demonstration planned for Mobile World Congress in Barcelona.

CloudGate is an M2M Gateway solution for LAN to WWAN routing that includes an open M2M application development environment and a cloud-based provisioning service all in a single base unit. It meets all the market requirements for a robust, secure, expandable, and feature rich routing platform that will provide the reliability customers need in the field.

NetWise is an intelligent, policy-on-device platform that provides carrier-grade management and control over mobile devices to reduce support costs and accelerate time to market for M2M solutions. NetWise uses standard protocols, such as OMA-DM from the Open Mobile Alliance, to implement policy-based device and application configuration, intelligent network selection, and data efficient firmware and software updates to mobile devices.

"One of the key advantages of remote policy management is avoiding the need to physically touch devices in the field, which is expensive and adds delays to the rollout of service improvements," said Martin Croome, Senior Director, Global M2M Product Strategy at Option. "We're pleased to work with Smith Micro to bring additional manageability, remote configurability, and on device intelligence to our highly-reliable, cost-effective CloudGate solution."

"Secure, efficient, and flexible device and application management, along with high Quality of Service, are important success factors in any M2M deployment," said Jim Mains, Chief Strategy Officer at Smith Micro. "NetWise provides great value to customers using CloudGate devices by embedding remote diagnostics, security and authentication management, analytics, real-time alerts, and other policy management features at the device end-point, eliminating the need to send data to the cloud. These features save money in wireless data costs, and allow M2M environments to be more flexible and responsive."

Option and Smith Micro will collaborate on mobile M2M initiatives such as Industrial Telematics, Retail Location Based Systems, and Fleet/Asset Tracking. In addition, the companies will work together on general connectivity use cases, such as in-vehicle Wi-Fi hotspot management, where user entitlement and content can be dynamically managed via a captive portal based on location, user credentials, and a variety of network and device conditions.

A demonstration of the integrated CloudGate and NetWise technologies will be shown at Mobile World Congress, on February 26, at the OMA showcase from 3:00pm to 7:00pm in Hall 8, Theatre D of the Fira Gran Via, Barcelona

For more information about CloudGate, visit: http://www.option.com/product/cloudgate/
For more information about the NetWise platform, visit: http://www.smithmicro.com/netwise/

About Smith Micro Software, Inc.:
Smith Micro Software provides solutions that simplify, secure and enhance the mobile experience. Our portfolio includes a wide range of applications that manage broadband connectivity, data traffic, devices, voice and video communications over wireless networks. With 30 years of experience developing world-class client and server software, Smith Micro helps the leading mobile network operators, device manufacturers and enterprises increase efficiency and capitalize on the growth of mobile-connected consumers and workforces. For more information, visit smithmicro.com. (NASDAQ: SMSI)

About Option:
Option connects Things to the Cloud. With more than 20 years of experience and many industry's firsts in the wireless industry, the Company is ideally positioned to bring the most efficient, reliable and secure wireless solutions to business markets (B2B) and industrial markets (M2M). The Company partners with system integrators, value added resellers, application platform providers, value add distributors and network operators to bring tailor made solutions to end-customers. Option is headquartered in Belgium and maintains offices in Europe, the US, Greater China, Japan and Australia. More information: www.option.com

Safe Harbor Statement:
This release contains forward-looking statements that involve risks and uncertainties, including without limitation, forward-looking statements relating to the company's financial prospects and other projections of its performance, the existence of new market opportunities and interest in the company's products and solutions, and the company's ability to increase its revenue and regain profitability by capitalizing on these new market opportunities and interest and introducing new products and solutions. Among the important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are changes in demand for the company's products from its customers and their end-users, customer concentration given that the majority of our sales depend on a few large client relationships, including Sprint, new and changing technologies, customer acceptance and timing of deployment of those technologies, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors discussed in the company's filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management regarding future events and business performance as of the date of this release, and the company does not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.

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