Tendril Announces Strategic Development Agreement with In-Q-Tel
September 27, 2005
Tendril, the leader in software applications for wireless sensor & control networks, today announced a strategic agreement with In-Q-Tel, an independent, private, not-for-profit company established by the Central Intelligence Agency (CIA). In-Q-Tel has selected Tendril based on the company’s ability to dramatically change the deployment rates of wireless sensor & control networks that support a wide range of applications. The agreement includes a purchase of software licenses and an investment in Tendril.
Tendril’s groundbreaking technology is the first run-time development platform that allows organizations to fully leverage the power of wireless sensors & controls to easily integrate every facet of the physical world into existing enterprise or product computing systems. Tendril’s technology accomplishes this by providing a back-end programming interface for managing a variety of wireless sensor and control network protocols.
“This agreement with In-Q-Tel is a tremendous validation of Tendril’s technology and its significance for realizing the vast potential of wireless sensor and control networks,” said Tim Enwall, CEO of Tendril. In-Q-Tel’s investment will allow Tendril to pursue business opportunities in markets ranging from pollution monitoring to industrial automation.
“Tendril’s technology offers significant value in commercializing wireless sensor networks,” said Gilman Louie, President and CEO of In-Q-Tel. “Tendril’s software will eliminate the current market obstacle for meaningful deployment of wireless sensor networks by reducing the time and cost associated with building, expanding and deploying these types of networks.”
Financial details about the agreement were not disclosed.
About Tendril
Tendril, Inc. (www.tendrilinc.com ) is at the forefront of the “Internet of Things” – the next big stage of computing – which allows organizations to interact with the physical world in areas where computing has previously been cost-prohibitive. To achieve its vision, Tendril is leading the expansion of the Wireless Sensor & Control Networks category by developing the Tendril Service Broker. This groundbreaking technology includes the first software product of its kind to sit on top of a variety of wireless sensor networks and offer a distributed programming interface to instantiate, manipulate and orchestrate previously non-computerized activities related to buildings, factories, cities, crops, homes and other objects in the physical world. For more information about Tendril visit www.tendrilinc.com.