FreeLinc Product Sales Increase 42% over 2014
February 26, 2016 01:53 PM Eastern Standard Time
BOSTON--(BUSINESS WIRE)--FreeLinc Technologies Inc., the world’s leader in Near Field Magnetic Induction (NFMI) Intellectual Property and solutions, reported a 42% increase in sales over 2014. FreeLinc’s sales growth is attributed, in part, to the rejection of Bluetooth solutions by law enforcement officers. Two of their best selling products are:
- FreeMic 200 - Designed for professionals who need to communicate without removing their radio from their duty belt and want to be cable free. By eliminating the cable, FreeLinc Technologies increases safety margins and mobility, without the security and reliability risks of Bluetooth. Efficient reuse of power provides up to 50 hours of continuous talk time on a single three-hour charge.
- FreeMotion 100 - The communication device when discretion is required. The sleek design of the FreeMotion 100 allows the user to blend into a crowd while maintaining critical communication, without the security and reliability problems associated with Bluetooth. Efficient reuse of power provides up to 20 hours of continuous talk time on a single three-hour charge.
Almost 25,000 of these systems have been sold since 2006 to over 2,500 federal, state and local agencies, including the FBI and the Secret Service, with a growing number of departments and agencies inquiring about adopting these products every month. Because of the demand for secure, reliable and power efficient mission critical communications accessories, FreeLinc is now expanding into the commercial 2-way market, creating OEM opportunities, and developing prototypes with industry leaders in the military, healthcare and consumer markets.
“With little to no investment in sales and marketing in 2015, the revenue from FreeLinc product sales increased 42% over 2014, confirming the unmet demand for NFMI in that market. Public safety and commercial 2-way users will soon be communicating more than voice, and FreeLinc is already contributing to those solutions. FreeLinc’s NFMI is the superior solution wherever secure, reliable and power efficient wireless Personal Area Networks are needed,” said Dr. Mike Abrams, CEO of FreeLinc.
About FreeLinc Technologies Inc.
FreeLinc Technologies Inc. is a research and development company leading the world in the commercialization and adoption of NFMI as a new global wireless standard. With an extensive patent portfolio, proven products and a licensing strategy designed to encourage adoption, FreeLinc leads the world in NFMI.