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IOTE2E signed MOU with ETRI, a top leading Korea Government-Funded Research Institute for Smart City Projects

November 13, 2018 | IOTE2E Press Release

San Diego, USA and Seoul, Korea (November 13, 2018) — IoT End-To-End solution provider IOTE2E and South Korea government-funded ETRI (The Electronics and Telecommunications Research Institute) signed a Memorandum of Understanding (MoU) to help both companies and their global alliance to work together on developing new IoT technologies and sustainable smart city, knowledge sharing on the IoT machine communication.

Both parties have carried out continuous joint studies and multiples activities to develop IoT application technologies and its machine network roadmap. Under this agreement, IOTE2E and ETRI will collaborate with the global partner companies to demonstrate and determine how IoT machine network and its end-to-end solution can be incorporated into smart city offering to increase competitive performance, long-term sustainability, and affordability.

ETRI and IOTE2E said it expects this MoU to initiate the launch of the end-to-end solution and its affordable deployment of machine network to build substantial momentum with local partners in the public and private sectors, creating a significant financial momentum for the company and global partners.

Founder and Chief Executive Officer Key Jong Lee said: “Having signed the MoU with ETRI we are seeing the great values, collaborations and opportunities in the industrial IoT space and smart city across the globe. Our joint teams are working very hard to adapt IoT technologies rightly, develop sustainable smart city platforms securing intellectual properties and technology leadership. We would like to speed up the evolution of IoT technology and smart city much faster. Therefore we are very happy to invite more local and global partners to join our end-to-end smart city platform to increase our capacity and sustainability.”

ETRI as Korea government-funded research institute is trying to provide better experiences of IoT machine network with the convergence technologies of the future. ETRI is dedicated to technology development, innovation, validation and public recommendation for the industries of electronics, wireless telecommunication and internet of things. ETRI developed technologies of TDX (Time Division Exchange), Terrestrial DBM, WiBro, 4G LTE Advanced. ETRI initiated the validation and commercialized CDMA (Code Division Multiple Access) for digital wireless service in the Republic of Korea. ETRI have filed more than 2500 patens in the domain of wireless communication.

ETRI successfully built Korea’s first Underground Safety projects in multiple metropolitan cities that ETRI has initiated and led Korean government-funded first Convergence Research Consortium with KICT (Korea Institute of Construction Technology), KRRI (Korea Railroad Research Institute), and KIGAM (Korea Institute of Geoscience and Mineral Resources) to achieve underground critical infrastructure monitoring for the public safety where wireless communication faces challenge.

The head of ETRI Underground Safety project, Dr. IH Lee said, “The collaboration with IOTE2E and global partners will create more opportunities for the development of convergence technologies in the related industries and businesses. We are very happy to show the good convergence reference for the public sector.”

IOTE2E expects this strategic collaboration with ETRI and global partners make their end-to-end IoT platform be well dedicated to smart city, smart farm, smart energy, smart water, smart mobility and smart health with its most affordable machine network platform.

About IOTE2E

IOTE2E is the global integrator for technology and business in smart city, smart mobility, and smart energy providing the end-to-end solution and machine network platform to solve the community problem and serve many people with social contribution.


For more information, please contact:

Emmanuel Katz
Executive Director, Global Marketing and Communications
Emmanuel(dot)Katz(at)iote2e.com

IOTE2E signed $236.8M MOU with French Investment Group to fund Smart Energy and Smart City

November 22, 2017 | IOTE2E Press Release

PARIS, France (22 November 2017) — IOTE2E (www.iote2e.com), a global business integrator for smart city and smart energy signed a memorandum of understanding (MOU) with a global French Investment Group to raise a € 200 million euros (236.8 million USD) fund in 2018 and 2019 to kick off the first project and consortium of smart energy and smart city in the Republic of Korea. The two parties held the ceremony to secure the collaboration and momentum on Wednesday, 22 November 2017 in Paris, France.

The French Investment Group is dedicated to renewable energy and energy efficiency projects for smart and clean community and closed more than € 502m for the renewable power plants with its businesses in three continents: Europe, Africa, and Asia. They believe IOTE2E’s team of highly qualified professionals as well as IOTE2E’s extensive global network of partners and quality of smart energy farm projects are very convincing elements to go further with IOTE2E.

IOTE2E provides the advanced SES (smart energy solutions) and smart energy farm that can be sustainable and innovative to provide clean renewable energy for smart city and smart community. By using smart IoT (Internet of Things) devices, smart wide area network, machine platform based upon AI, and big data analytics, IOTE2E is able to provide full end-to-end solutions for smart city and smart energy.

Key Jong Lee, Founder & CEO, IOTE2E said, “IOTE2E is ready to meet and lead the growing needs of smart energy farm and smart city in the world. IOTE2E has fast-developing technical and business savvy resources in US, France and Korea. IOTE2E is changing the way we adapt high technologies and process complicated businesses by redefining the social value, resources and contribution of energy and IOT (Internet of Things) businesses, and focusing on the full end-to-end solution from energy to environment.”

About IOTE2E

IOTE2E is the global business and technology integrator for smart city, smart mobility, and smart energy providing the end-to-end solution to solve the community problem and serve many people with social contribution.


For more information, please contact:

Emmanuel Katz
Executive Director, Global Marketing and Communications
Emmanuel(dot)Katz(at)iote2e.com