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Content analysis
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New words:
abroad, acronym, aggressive, AICPA, akin, amortizable, ASC, authoritative, bedrock, Berg, breakdown, BSI, burdensome, CE, CIP, clarity, cloud, Codification, compensatory, complement, concept, confirming, conservative, Constantine, counterparty, crucial, Cyber, DSS, European, explain, extinguishment, extremely, facility, FELIX, fifty, FISMA, foothold, fraudulent, fundamental, gave, GIS, GLBA, globe, glue, half, health, hereof, hereunder, HIPAA, HVAC, hypothetical, ideally, Induced, inducement, intersection, Interview, intimacy, invention, isolated, landline, lawfully, legislation, lieu, marking, military, mirror, mirrored, moderate, nascent, NERC, noncredit, nongovernmental, nonrecurring, omitted, orderly, Oriented, outlined, Pakistan, pattern, PCI, POS, PRIDE, proportional, PTCRB, ratifying, ratio, resign, resilient, resolution, resting, resubstitution, retention, roaming, roll, SDC, signature, slower, slump, SOA, solve, SOP, Sprint, stead, Stratix, Subcontract, subscription, substitute, substitution, subsumed, Subtopic, Survey, Telcel, telemetry, therewith, thing, TIA, tier, trial, Trust, ubiquity, unduly, upfront, variable, Verizon, versatile, virtue, Vodafone, wherewithal, write
Removed:
accuracy, acknowledgement, acting, add, alphanumeric, approximate, Australian, automotive, bandwidth, broadband, Canadian, capable, Caribbean, cautionary, China, classification, complementary, configurable, configured, connectivity, construction, Continental, customizable, declared, decoded, deploying, differentiate, discontinued, distributed, dynamic, earlier, electrical, encrypted, entirety, entitled, exercisable, exist, expansive, expiring, expressly, family, FIN, forma, forwarded, frame, fulfill, generic, GPS, incoming, intent, interfering, IP, IPs, labeled, latency, launch, launched, legacy, Lender, link, meter, modified, move, multitude, operator, oral, output, packet, pager, panel, partnering, physical, Positioning, principle, pro, productivity, prospect, PSTN, qualified, reassessed, receiver, register, relay, resale, retail, route, routing, ruling, securely, sensor, serial, signal, SMS, subjective, Switched, text, Thornton, timeframe, track, tranche, turn, utilization, valuable, VAR, vending, viewing, virtually, voluntarily, Wavecom, wider, wirelessly
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EXHIBIT 21
Subsidiaries of Numerex Corp.
| Broadband Networks, Inc. | (Tier 1) |
| Cellemetry, LLC | (Tier 1) |
| Cellemetry Services, LLC | (Tier 1) |
| DCX Systems, Inc. | (Tier 1) |
| DCX Systems (Australia) PTY Limited (Incorporated in Australia) | (Tier 1) |
| Digilog, Inc. | (Tier 1) |
| Numerex Government Services, LLC | (Tier 1) |
| Numerex International Limited | (Tier 1) |
| Numerex Solutions, LLC | (Tier 1) |
| Orbit One Communications, LLC | (Tier 1) |
| uBlip, Inc. | (Tier 1) |
| Uplink Security, LLC | (Tier 1) |
| (Tier 1) |
Tier 1 subsidiaries are those owned directly by Numerex Corp.