Key milestones include:
- Sales of Z-Wave chips and modules achieved double digit growth over 2013 bringing the world-wide total to more than 35 million Z-Wave enabled devices
- A majority of the leading U.S. home security companies use Z-Wave technology for their home automation offerings
- Telecom operators including AT&T, Verizon, and Orange Telecom have selected Z-Wave for their home control services
- Z-Wave products are gaining momentum in retail stores and outselling other IoT protocols by a wide margin
- Z-Wave Plus products were introduced to the market, offering extended features and simplifying installation
- A frequency standard for Korea market was added to the list of Z-Wave approved frequencies and was added to the Z-Wave SDK 6.51.03. The approval of these frequencies for control and automation applications brings the benefits of the world-standard Z-Wave wireless protocol to the world's most advanced nation for information and communications technology (ICT), according to the International Telecommunications Union (ITU)
Consumers and businesses are increasingly looking to deploy smart devices that can offer benefits including improved security, comfort, communications and energy efficiency. Z-Wave wireless technology is at the heart of The Internet of Things and the smart home, providing industry-leading reliability, ease of installation and interoperability. Unlike competing technologies, Z-Wave is a single open standard, using wireless mesh networking technology (ITU standard G.9959 with protocol stack from Sigma Designs) that offers interoperability built in at the application layer. This allows a wide array of devices to seamlessly communicate, including lighting, appliances, HVAC, and security systems.
"We are very pleased with the leadership position of Z-Wave in enabling the rapidly growing Internet of Things for the Smart Home. This year has been an outstanding year of growth, and we look forward to even more success next year," said Raoul Wijgergangs, vice president Z-Wave business line for Sigma Designs. "At CES we are introducing additional capabilities to enhance development of Z-Wave compliant products, and we are focused on expanding in new markets and verticals, as well as growing the customer base and device ecosystem."
The Z-Wave ecosystem includes more than 1200 certified devices from leading brands in their categories. Z-Wave dominates the Smart Home space across various industries: service providers, security, energy, independent aging, commercial, hospitality, do-it-yourself (DIY), construction and retail. A strong branding and certification program supports Z-Wave Alliance member companies and ensures consumers are receiving reliable products that will work as promised to connect to the Internet of Things.
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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 1200 certified interoperable products worldwide. Represented by the Z-Wave Alliance, which is supported by more than 300 member 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. For more information about Z-Wave visit: z-wave.sigmadesigns.com
Z-Wave® is a registered trademark of Sigma Designs and its subsidiaries in the United States and other countries.
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Safe Harbor Statement
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 anticipated features and benefits of Sigma' Z-Wave product line. 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, Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, including the Internet of Things, the ability of its SoCs to compete with other technologies or products in these markets as well as other risks that are detailed from time to time in Sigma's SEC reports, including its report 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. Sigma undertakes 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.
Press Contacts: Mary Miller Sigma Designs +1-408-957-9885 Mary_Miller@sigmadesigns.com