Business News

Numerex Receives Industry Certification


Numerex shares are more than 2% higher Tuesday following PCS Type Certification Review Board (PTCRB) certification of the company’s nxTANK, a new LTE tank monitoring device operating on the LTE network. The PTCRB was established in 1997 as the certification forum by select North American cellular operators as a critical network testing framework for new devices.

nxTANK uses sensors to remotely measure and communicate tank fill levels for lubes and fuels, petroleum products and other bulk liquids like water, chemicals and CO2 that are used in industrial applications.