Z-Wave Alliance Welcomes Huawei to Board of Directors

FREMONT, Calif., Sept. 11, 2017 (GLOBE NEWSWIRE) -- The Z-Wave Alliance, an open consortium of leading global companies deploying the Z-Wave smart home standard, today announces the addition of leading ICT solutions provider, Huawei, to the Alliance Board of Directors. Huawei joins principal members ADT, Alarm.com, FIBARO, Ingersoll-Rand, Jasco Products, LEEDARSON, LG Uplus, Nortek Security & Control, SmartThings, and Sigma Designs.

Huawei is a leading global information and communications technology (ICT) solutions provider with innovative solutions, products and services used in more than 170 countries and regions. Many Z-Wave Alliance member companies, including Aeon Labs, LEEDARSON and FIBARO are part of Huawei's OceanConnect pre-integrated IoT ecosystem.

The Z-Wave ecosystem has seen unprecedented growth in the last several years, with most major tech manufacturers, service providers and telcos putting Z-Wave inside their smart home solutions. As a Z-Wave Alliance Principal Member, Huawei will take on a greater role in leading the Alliance and help guide future initiatives as well as promote partnerships among members.

"We are honored to increase our role in the Z-Wave Alliance by joining the Board of Directors," said Yang Qin, Cloud Communication Marketing Director of Huawei Cloud Core Network Product Line. "Z-Wave is a very important technology for the smart home and other vertical industries, and joining the Alliance is important for Huawei to promote the Z-Wave technology widely used in the IoT industry."

"Huawei has long been an active member of the Z-Wave Alliance and joining the Board of Directors demonstrates their commitment to the growth of IoT in the smart home and to Z-Wave's leadership role in those markets," said Mitchell Klein, Executive Director.

Z-Wave Alliance membership is now over 600 members worldwide with over 2100 smart home and IoT certified devices. 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 is an open internationally recognized ITU standard (G.9959). It is the leading wireless home control technology in the market today, with over 2100 certified interoperable products worldwide.  Represented by the Z-Wave Alliance, and supported by more than 600 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.

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, Alarm.com, FIBARO, Huawei, Ingersoll Rand Nexia Intelligence, Jasco Products, Leedarson, 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.

About Huawei
Huawei is a leading global information and communications technology (ICT) solutions provider. Our aim is to enrich life and improve efficiency through a better connected world, acting as a responsible corporate citizen, innovative enabler for the information society, and collaborative contributor to the industry. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei's 180,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services are used in more than 170 countries and regions, serving over one-third of the world's population. Founded in 1987, Huawei is a private company fully owned by its employees.  For more information, please visit Huawei online at  http://www.huawei.com .

Forward-Looking Statements

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 benefits of Z-Wave Alliance membership, the benefits of the use of Z-Wave in product offerings, including the benefits of certain enhanced features of Z-Wave devices. Actual results may vary materially due to a number of factors including, but not limited to, consumer and customer acceptance of the Z-Wave Alliance (including its membership benefits), and Z-Wave technology in the relevant regions, the ability of the Z-Wave Alliance to compete with similar alliances in the industry and of the Z-Wave technology to compete with other technologies or related products in the market, if any, as well as other risks that are detailed from time to time in our reports to the Securities and Exchange Commission, 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. We undertake 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 Contact:
Caster Communications, Inc. at 401.792.7080
Ashley Daigneault ashley@castercomm.com (401) 651-3242
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