LightwaveRF PLC Partnership with Honeywell Home by Resideo

TIDMLWRF

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                www.lightwaveRF.com 
  Jason Elliott, CEO             +44 (0) 121 250 3625 
  Kevin Edwards, CFO 
 Stockdale Securities Limited   www.stockdalesecurities.com 
  Tom Griffiths/David Coaten     +44 (0) 20 7601 6100 
 Yellow Jersey PR               www.yellowjerseypr.com 
  Charles Goodwin                +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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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February 04, 2019 02:00 ET (07:00 GMT)

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