SOURCE: GreenWave Reality

GreenWave Reality

October 04, 2011 06:00 ET

GreenWave Reality Cooperates With Danfoss to Deliver Innovative, Connected Thermostat Solutions

Extends Home Energy Management Service to Include Smart Thermostats

COPENHAGEN, DENMARK--(Marketwire - Oct 4, 2011) - GreenWave Reality, a global innovator in the Smart Home Services market which includes Energy Management, Connected Lighting, and Home Monitoring services, announced today they have started a cooperation with Danfoss to extend their innovative Home Energy Management platform to support Danfoss Smart Thermostats. Danfoss is a leading manufacturer of controls for air-conditioning, heating, refrigeration, and motion systems. This collaboration gives consumers the ability to control the temperature of their homes by way of GreenWave Reality's industry-leading interfaces running on PCs, tablets and smartphones.

In addition to monitoring and controlling the energy consumption of all electrical devices and connected lighting in the home, consumers can now use the GreenWave Reality solution to control the thermostats in the home to extend these energy savings to heating, the single largest energy consumer of most homes. The GreenWave Reality Energy Management Platform communicates with Danfoss smart thermostats using industry-standard Z-Wave® communications protocol. GreenWave Reality's adherence to industry standards allows for a high level of interoperability with other devices and extensibility of the GreenWave Reality platform to include new solutions such as controlling the Danfoss Smart thermostats.

"Danfoss is a recognized innovation and market share leader in thermostat technology, making them an excellent choice for this partnership that extends the GreenWave Reality platform to control home heating," said Greg Memo, CEO of GreenWave Reality. "By integrating the Danfoss smart thermostats, we are extending the reach of our platform by delivering more visibility and value to consumers."

"Danfoss continues to extend our leadership position in smart thermostats. Being able to control these thermostats from a central user friendly platform, which can control more than the heating, makes the user experience even better. Bundle this with possibilities for remote control and monitoring and you have the possibility for added comfort and additional cost savings. It is just such a solution that Greenwave provides making it an excellent match," added Danfoss KAM Jesper Kjeldsen.

The companies will be demonstrating this innovative solution at the Smart Homes Conference in Amsterdam, October 4th - 6th in the GreenWave Reality booth (#SH30) and the Danfoss booth.

About Danfoss

Danfoss is a global leader within energy-efficient solutions that help save energy and meet the challenge of climate change. Our key competencies are cooling of food, air conditioning, control of electrical motors and heating in buildings -- as well as solutions for renewable energy such as solar power. Danfoss also comprises Sauer-Danfoss that is among the world's leading manufacturers of mobile hydraulics. We have built up our competencies within energy-efficient solutions for 77 years now. Today Danfoss employs 24,000 employees globally and has 110 sales companies around the world

http://www.danfoss.com/

About GreenWave Reality

GreenWave Reality is a global innovator in the emerging Smart Home Services market including home monitoring, elderly care and other advanced services. GreenWave Reality provides an affordable, easy-to-use, standards-based platform that allows utilities, service providers and retailers to enhance their relationship with consumers and better balance energy on the grid while consumers can conserve energy with a minimal impact to their lifestyle by easily monitoring and controlling their appliances, connected lighting and home monitoring services. GreenWave Reality's funding is led by Craton Equity Partners, a Los Angeles-based cleantech fund, and has also received support from the Singapore Economic Development Board (EDB). GreenWave Reality has offices worldwide including Copenhagen, Denmark, Irvine, and Singapore.

www.greenwavereality.com

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