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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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