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SILICON LABORATORIES INC.

(SLAB)
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Silicon Laboratories : Labs Z-Wave Wireless Selected for Johnson Controls Next Generation Qolsys Smart Home Panel

07/13/2021 | 08:25am EDT

-- New All-In-One IQ Panel Taps Z-Wave 700 Series to Strengthen Smart Home Experience Through Energy and Cost Savings and Advanced Security --

AUSTIN, Texas - July 13, 2021 - Silicon Labs (NASDAQ: SLAB), a leader of intelligent, wireless connectivity for the IoT, today announced its collaboration with Johnson Controls, the global leader for smart, healthy and sustainable building, in the next generation Johnson Controls Qolsys IQ Panel anticipated to be launched this summer.

The Touchscreen IQ Panel enables intuitive control and automation for smart products such as thermostats, locks, lighting, and security and offers easy ways to provide convenience, energy management, and connectivity both in the home and from remote locations. The new Qolsys IQ Panel will offer industry-leading reliability and stable connectivity with Silicon Labs' Z-Wave 700 series technology - already deployed in the award-winning Qolsys IQ Panel 2 currently available in Europe.

'Our partnership with Johnson Controls illustrates the explosive demand for secure, easy-to-use smart home solutions that make a meaningful difference in consumers' lives,' said Jake Alamat, VP and GM, IoT Home and Life at Silicon Labs. 'With the release of the flagship IQ Panel powered by Z-Wave SmartStart technology, residents can quickly benefit from energy management cost savings, advanced home security, and intuitive control of state-of-the-art smart home devices.'

Silicon Labs Z-Wave SmartStart technology reduces installation setup time and support costs by allowing scenes, rules, and scripts to be pre-configured at the distribution center or loaded onsite by system installers.

With Z-Wave's product interoperability, the IQ Panels work across multiple wireless brands and with any smart product in the ecosystem, regardless of type, brand, manufacturer, or version. IQ Panel is powered by the Alarm.com platform for connecting smart homes and businesses and is integrated with the Alarm.com ecosystem of devices, including interactive security and home automation. Users are able to access Z-Wave diagnostics and/or receive remote diagnostic support from Alarm.com.

'Our 7' Touchscreen provides the real estate to easily navigate lights, locks, thermostats, and other Z-wave device controls,' says Johnson Controls VP of Sales & Marketing Mike Hackett. 'We have a laser focus on the user experience, with powerful on-screen diagnostic tools that let consumers see the mesh network on the screen, capture Z-Wave SmartStart QR Codes with the built-in camera, and troubleshoot Z-Wave devices from remote locations.'

For more information on the IQ Panel, visit Qolsys.com. For more information on the Silicon Labs Z-Wave 700 series, visit silabs.com/wireless/z-wave/700-series-modules.

About Johnson Controls

At Johnson Controls (NYSE: JCI) we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.

With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

Silicon Labs

Silicon Labs (NASDAQ: SLAB) is a leading provider of silicon, software and solutions for a smarter, more connected world. Our award-winning technologies are shaping the future of the Internet of Things, internet infrastructure, industrial automation, consumer and automotive markets. Our world-class engineering team creates products focused on performance, energy savings, connectivity and simplicity. silabs.com

Connect with Silicon Labs

Contact Silicon Labs PR team at pr@silabs.com.

Cautionary Language

This press release may contain forward-looking statements based on Silicon Labs' current expectations. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. For a discussion of factors that could impact Silicon Labs' financial results and cause actual results to differ materially from those in the forward-looking statements, please refer to Silicon Labs' filings with the SEC. Silicon Labs disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Note to editors: Silicon Labs, Silicon Laboratories, the 'S' symbol, the Silicon Laboratories logo and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.

# # #

Disclaimer

Silicon Laboratories Inc. published this content on 13 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 12:24:05 UTC.


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Net income 2021 -43,6 M - -
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P/E ratio 2021 -153x
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Capitalization 6 572 M 6 572 M -
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