In 2009, Cinterion Wireless (News - Alert) Modules said it maintained its position as pioneer in cellular the M2M industry.

And now, the market for M2M modules is expected to rise from around 30 million units shipped in 2009 to approximately 88 million units shipped in 2014.

Cinterion execs said the company was able to step into 2010 with a very huge operating profit and EBITDA (earnings before interest, taxes, depreciation and amortization), an outstanding 99 percent Dun & Bradstreet (News - Alert) rating, a remarkable record of industry awards, and several new product launches and strategic joint ventures.

Even during the economic slowdown in 2009 that affected almost all the industries including M2M, Cinterion made its presence in South America more stronger and spreaded out vertical market growth in several sectors including advanced automotive, metering and telehealth globally.

Cinterion Wireless Modules exhibits excellent growth even during recession over the past few months which was really a challenging period for the the M2M module industry.

According to Norbert Muhrer, CEO of Cinterion Wireless Modules, M2M technology has got great significance in a variety of vertical markets that can understand the process efficiencies and economical benefits that can be provided only by M2M. In 2010, Cinterion aims to build up its distinctive evolution platform with new scalable 2G and 3G products to meet growing demand for M2M market.

Notable achievements of the company in 2009 includes strategic partnerships with industry leading wireless operators including Deutsche, Telekom, Vodafone etc.; won many industry awards including GSMA Best Embedded Mobile Module, GSMA Best Embedded End-to-End Service Award and CTIA (News - Alert) 2010 E-Tech Award Finalist for the Cinterion enabled Philips Respironics System One sleep apnea therapy solution, Two M2M Value Chain Awards for Cinterion enabled automotive solutions for Hertz and BLS Trucking, 2010 Top 100 industry leaders recognized by M2M Magazine.

Headquartered in Munich, Germany, Cinterion Wireless Modules is an international leader in supplying M2M communication modules. It is a trustworthy partner and many vertical market customers value it for its award-winning modules which enable machines, equipment and vehicles to communicate over wireless networks. Cinterion products are carrier and FTA approved and used for industries which comprise remote maintenance and control, metering, payment systems, routers and gateways.