DSP Group®, Inc. (NASDAQ: DSPG), a leading global provider of wireless chipset solutions for converged communications, announced today that Network Thermostat, a leading provider of connected thermostat solutions for small businesses, K-12 education, hospitality, multi-family, government, retail and restaurant chains, commercial buildings, and light industrial applications in facility energy management and automation, has selected DSP Group’s Ultra-Low Energy (ULE) technology for two of its smart thermostat family of products. 

Smart thermostats and intelligent HVAC systems are one of the most widely adopted applications within the Internet of Things (IoT). Network Thermostat recognized the benefits of the ULE technology: full house coverage with the robustness to pass through multiple walls, ability to connect thousands of nodes to a single base unit, long battery life, and interference-free spectrum band. Leveraging the benefits of DSP Group’s ULE Technology, Network Thermostat’s HVAC platforms deliver unparalleled range and performance with wireless remote sensing applications such as window/door contacts, refrigeration monitoring, water leak detection, motion sensing, as well as various temperature and humidity monitoring. Network Thermostat’s Wi-Fi and Ethernet thermostat platforms, including its new NetX™ X7 color touch screen, will act as the ULE base station using DSP Group’s DHAN-M module integrated within the thermostat.

“We are excited to announce our partnership with Network Thermostat, further expanding the global adoption of ULE and tapping beyond smart homes,” said Tali Chen, Chief Marketing Officer at DSP Group. “Network Thermostat’s Wi-Fi and Ethernet platforms not only provide advanced HVAC functionality, but also become the intelligent control center that leverages DSP Group’s robust ULE wireless technology. Network Thermostat is one of the first US-based providers that is identifying the ULE benefits and supporting our target of increasing the ULE ecosystem across North America.”

“Adding DSP Group’s ULE technology to our new Wi-Fi and Ethernet NetX™ X7 intelligent HVAC control platform underpins our commitment to providing best-in-class IoT solutions. The long battery life and robust, interference-free networking allow Network Thermostat to wirelessly deliver secure, critical monitoring and alerting to our customers,” said Jerry Drew, CEO at Network Thermostat.

“Given the increasing adoption of ULE technology, it was an easy choice to integrate ULE into our NetX™ X7 platform, both for wireless sensors and for the near endless integration possibilities with ULE.”

DSP Group’s ULE technology allows Network Thermostat’s intelligent HVAC systems to benefit from a robust technology with a long-proven track record while providing long battery life for the network’s sensors.

For more information about DSP Group or its line of ULE and smart home products, please visit the company’s website.

DSP Group & Network Thermostat will exhibit the ULE based thermostat at ISC West. For more details contact info@dspg.com

About DSP Group

DSP Group®, Inc. (NASDAQ: DSPG) is a leading global provider of wireless chipset solutions for converged communications. Delivering semiconductor system solutions with software and hardware reference designs, DSP Group enables OEMs/ODMs, consumer electronics (CE) manufacturers and service providers to cost-effectively develop new revenue-generating products with fast time to market. At the forefront of semiconductor innovation and operational excellence for over two decades, DSP Group provides a broad portfolio of wireless chipsets integrating DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear™, video and VoIP technologies. DSP Group enables converged voice, audio, video and data connectivity across diverse mobile, consumer and enterprise products – from mobile devices, connected multimedia screens, and home automation & security to cordless phones, VoIP systems, and home gateways. Leveraging industry-leading experience and expertise, DSP Group partners with CE manufacturers and service providers to shape the future of converged communications at home, at the office, and on the go. For more information, visit www.dspg.com.

About Network ThermostatFounded in 1995, Network Thermostat™ pioneered communicating thermostats and is an industry leader, providing HVAC control solutions for many vertical markets, including K-12 education, retail, restaurant, multi-family, hospitality, institutional, commercial and light industrial applications.  With a nearly 100 years of combined engineering design experience in the HVAC industry, the NetX™ HVAC controls ecosystem maximizes energy savings without sacrificing occupant comfort by incorporating AI-based learning for HVAC energy efficiency with the benefits of simple, robust communications for equipment monitoring and control. Network Thermostat architects complete ecosystems which allow connectivity directly with the thermostat using smartphones, tablets, and desktop browsers, third-party API integration, and multi-site control using cloud dashboards and commercial behind-the-firewall applications. Network Thermostat utilizes Ethernet, Wi-Fi (802.11), StrongMesh™ (802.15.4), BACnet, and other platforms for connectivity.

NetworkThermostat designs, manufactures, and supports in the United States under its own branding in addition to developing and manufacturing for some of the world’s leading building controls companies. From single unit installations to the world’s tallest building with more than 3,600 units, Network Thermostat sets the standard. For more information, visit www.networkthermostat.com.

Contact:Tali Chen Chief Marketing Officer DSP Group, Inc. Tel: +1(408) 240-6826 tali.chen@dspg.com

Paul SonodaVP MarketingNetwork ThermostatTel: +1 (866) 563-0711psonoda@networkthermostat.com

DSP (NASDAQ:DSPG)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more DSP Charts.
DSP (NASDAQ:DSPG)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more DSP Charts.