Investment to be Used for
Product and Market Development
Upper Saddle River, NJ, January
5, 2006 – Zensys, the developer of the Z-Wave wireless
mesh networking technology for home control, announced today that
it has received a strategic investment from Cisco Systems, Inc.,
the worldwide leader in networking for the Internet. Z-Wave is a
fully-developed, low-cost, interoperable RF-based mesh networking
technology that is currently available in hundreds of wireless home
control and automation products.
“Cisco is making a strategic investment in Zensys based on the
interoperability, reliability and low-cost of the Z-Wave technology,
which we hope to integrate into our product lines,” said Malachy
Moynihan, VP of Engineering and Product Marketing for Linksys, a
Division of Cisco Systems, Inc. “We see the digital home market
as the next great frontier and working with Z-Wave can provide us
the flexibility to expand our home control technology offerings
to our customers.”
Zensys will use a portion of the investment to accelerate development
efforts with Cisco’s Linksys division to drive the integration of
Z-Wave technology into popular Linksys products for the Connected
Home. Additionally, Zensys will use the investment to advance the
growth of the digital home market. Through the Z-Wave Alliance,
Z-Wave has already garnered the support of more than 125 partners
including industry giants Danfoss, Intermatic, Leviton, Logitech,
Monster, Wayne Dalton and UEI Inc.
“Each day brings us closer to realizing our vision for the connected
home, and today is an especially important milestone,” said Per
Nathanaelson, Zensys’ President and CEO. “Cisco’s strategic investment
in our company is a validation of the Z-Wave technology and will
help us bring reliable and affordable home control solutions to
the mass market.”
About Zensys - Zensys is a provider of wireless
networking technology for control and status reading applications
and the developer of Z-Wave, a low-cost, two-way, wireless mesh
network communications technology that enables consumers to monitor
and manage their lighting, security systems and other home controls
easily, conveniently and securely from anywhere in the world.
For more information about Zensys and Z-Wave, visit
www.zen-sys.com or
www.z-wavealliance.com
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