Crescent NV Reports Earnings Results for the Half Year Ended June 30, 2022

Crescent NV, a wireless technology company, is a leading innovator in the design, development and manufacturing of technology products for wireless connectivity solutions such as 3G HSUPA, HSDPA, UMTS, EDGE, and WLAN. Net sales break down by activity as follows: - sale of wireless products (58.2%): CloudGate M2M gateways, data cards, USB, fixed wireless devices and integrated modules; - engineering services (28.3%); - sale of LED street lighting products (13.5%). At the end of 2022, the group had 2 research & development centers located in Belgium, Germany, and one production engineering and logistics facility located in Ireland.