SOURCE: Z-Wave Alliance

Z-Wave Alliance

SOURCE: Open Mind Innovations

Open Mind Innovations

October 25, 2016 09:00 ET

'Smart Lock System' Designed For Safety During Natural Disasters Wins Z-Wave IoT Contest

The wireless lock secures cabinets, drawers and storage areas during violent motion events such as earthquakes

FREMONT, CA--(Marketwired - October 25, 2016) - The Z-Wave Alliance, an open consortium of leading global companies deploying Z-Wave, is announcing the latest winner of its IoT developer competition. Open Mind Innovations, creator of the Smart Lock System, has won the Z-Wave contest and will receive Z-Wave Alliance membership and access to the new Z-Wave IoT ready 500 series development kits.

The Smart Lock System is an electronic, wirelessly activated cabinet lock designed to protect the contents of cabinets, drawers and other storage areas during a violent motion event, such as an earthquake. A motion-activated sensor within the Control Box activates during strong movement or a seismographic event to keep contents of the storage areas secure. The lock is operated by a wireless signal and can be controlled from the control box via remote, security system or smartphone.

"By securing drawers and cabinets based on a certain level of motion, this smart lock serves a unique purpose in mitigating damage from potential disasters, and could benefit other industries beyond the smart home," said Mitchell Klein, executive director of the Z-Wave Alliance. "This submission represents the genius of Z-Wave: with over 1500 products in the market, you don't have to build something an entire ecosystem to succeed."

"Our research in the market has consistently shown that Z-Wave is one of the leading wireless technology protocols," said John Gerhardt, CEO of Open Mind Innovations. "It makes sense that connecting our smart cabinet lock to other Z-Wave devices that might be helpful in a disaster will provide peace of mind."

The Smart Lock System is an electronic wireless cabinet lock that can also be used in every day applications - whether keeping medicine and cleaning products out of the hands of small children or protecting private information, there are a myriad of applications. The lock is easy to install and features a backup catch plate to ensure the lock can still protect contents even if the door is slightly ajar upon activation.

Started in May 2015, Z-Wave Labs is a global competition designed to encourage IoT innovation on the Z-Wave platform. New winners in an IoT related industry are selected each quarter by the Z-Wave Labs program judges, in categories including but not limited to: residential, commercial, automotive, healthcare, energy, security and aging-in-place. Winners are able to access the Z-Wave IoT ready 500 series development kits, including the Keil PK51 Professional Developer's Kit for the 8051 microcontroller family. Keil supports the Z-Wave Labs competition by sponsoring a one-year PK51 Professional Developer's Kit license for every winning company. They are also featured on the Z-Wave Labs website and on social media and given a year of full membership to the Z-Wave Alliance

For more information on the Z-Wave Alliance, please visit http://z-wavealliance.org. Follow the Z-Wave Alliance on Facebook, Twitter and on LinkedIn for the latest updates using the #ZWaveLabs hashtag.

About Z-Wave

Z-Wave® technology is an open internationally recognized ITU standard (G.9959). It is the leading wireless home control technology in the market today, with over 1500 certified interoperable products worldwide. Represented by the Z-Wave Alliance, and supported by more than 375 companies around the world, the standard is a key enabler of smart living solutions for home safety and security, energy, hospitality, office and light commercial applications.

Z-Wave® is a registered trademark of Sigma Designs (NASDAQ: SIGM) and its subsidiaries in the United States and other countries.

About the Z-Wave Alliance

Formed in January 2005, the Z-Wave Alliance is a consortium of leading companies in the home technology space dedicated to solidifying Z-Wave as the standard for wireless home control products. The principal members include: ADT, FAKRO, Ingersoll Rand Nexia Intelligence, Jasco Products, LG Uplus, Nortek Security & Control, SmartThings and Sigma Designs. Alliance members lead the home controls market, providing leading edge products and systems that deliver increased comfort, convenience, energy conservation, safety and security.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements about the benefits market acceptance of the Z-Wave ecosystem. Actual results may vary materially due to a number of factors including, but not limited to, consumer and customer acceptance of the Z-Wave product line in the relevant regions, the ability of Z-Wave to compete with other technologies or products in the market, if any, as well as other risks that are detailed from time to time in our reports to the Securities and Exchange Commission, including reports made on Form 10-Q. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. We undertake no obligation to publically release or otherwise disclose the result of any revision to these forward-looking statements that may be made as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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