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LightwaveRF PLC (LWRF)

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Monday 04 February, 2019

LightwaveRF PLC

Partnership with Honeywell Home by Resideo

RNS Number : 8874O
LightwaveRF PLC
04 February 2019
 

4 February 2019

LightwaveRF plc

(AIM: LWRF)

 

Partnership with Honeywell Home by Resideo

 

LightwaveRF plc ("LightwaveRF", "Lightwave" or the "Company"), the leading smart home solutions provider, is pleased to announce a partnership with Honeywell Home by Resideo.

 

The Lightwave-Resideo Partnership, which will be for an initial term of 18 months, has been formalised after several months of discussions and exploration. Recently demerged from Honeywell International Inc, Resideo Technologies Inc, which specialises in security, heating and detection products, uses the Honeywell Home brand under an exclusive licence.

 

Lightwave and Resideo, which have both adopted the same 863.0 MHz radio frequency for device communications, have agreed to share their proprietary radio protocols to integrate existing technologies and to jointly develop new technologies. This will allow the Lightwave Link Plus control hub to host the Honeywell Home by Resideo control protocols.

 

The partnership also envisages, initially in the UK and Europe, the co-operative marketing and selling of product ranges through existing Lightwave and Resideo channels as well as further development of the joint offering, initially to housebuilders and energy companies.

 

Jason Elliott, Chief Executive of Lightwave, commented:

"This is an exciting partnership for Lightwave given the product range, engineering capability and reputation of Resideo's Honeywell Home portfolio. It is clear that there are existing products in the Honeywell Home portfolio that address a gap in the Lightwave range and vice versa.

 

We are further excited by the potential for collaboration in key vertical markets, such as energy and housebuilding, where the uptake of smart home and connected devices is now starting to gain real traction."

 

 

 

For further information:

 

LightwaveRF plc

Jason Elliott, CEO

Kevin Edwards, CFO

www.lightwaveRF.com

+44 (0) 121 250 3625

Stockdale Securities Limited

Tom Griffiths/David Coaten                                            

www.stockdalesecurities.com

+44 (0) 20 7601 6100

Yellow Jersey PR

Charles Goodwin

www.yellowjerseypr.com

+44 (0) 7747 788 221

 

 

 

 

About LightwaveRF

 

LightwaveRF plc ("Lightwave") is the UK's only fully integrated home automation company.

 

New customers typically buy a starter pack of Link Plus hub and smart dimmer which has Apple HomeKit compatibility, 2-way communication and built-in energy monitoring. Later adding other easy to install devices from the Lightwave range enables further in-home control, monitoring and automation of lighting, heating and power.

 

Devices may be operated manually, by smartphone or tablet-based apps and also through Google Assistant and Amazon Alexa voice control.

 

Leading tech industry publication 9to5 Mac describes Lightwave as "the best UK HomeKit solution for smart lighting".

                                                         

For further information and "Newsletter sign up", please visit:

www.lightwaverf.com/corporate/

                             

About Resideo

Resideo is a leading global provider of home comfort and security solutions, present in more than 150 million homes globally.

With products licensed under the Honeywell Home brand, Resideo has established relationships with professional contractors, distributors, original equipment manufacturers, major retailers and online merchants.

 

www.resideo.com/en-US/about/overview         

 


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