Z-Wave Alliance Names Industry Vet Mitchell Klein as New Executive Director - Seite 2

"I feel confident that with Mitch's leadership and our growth trajectory, Z-Wave will be a unifying ingredient in the leading smart home solutions for years to come," added Wijgergangs. "The Z-Wave ecosystem is today one of the most dominant in the smart home world and will continue to be as the concept of IoT takes over the home."

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.

About Z-Wave
Z-Wave^® technology and is an open internationally recognized ITU standard (G.9959). It is the leading wireless home control technology in the market today, with over 1350 certified interoperable products worldwide. Represented by the Z-Wave Alliance, and supported by more than 325 companies around the world, the standard is a key enabler of smart home solutions for 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.

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 market acceptance of the Z-Wave product line. Actual results may vary materially due to a number of factors including, but not limited to, market, consumer and customer acceptance of the Z-Wave product line in the aforementioned regions and the ability of Z-Wave to compete with other technologies or products in certain markets, if any, as well as other risks that are detailed from time to time in SEC reports, 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. The Z-Wave Alliance 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.

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