Ring Protect System First to Bring Sigma Designs Z-Wave SmartStart and Security 2 Technologies to Market

October 25, 2017 9:00 AM

FREMONT, Calif., Oct. 25, 2017 (GLOBE NEWSWIRE) -- Sigma Designs® (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for connected smart TV platforms and smart home IoT, is pleased to share that Ring has announced Ring Protect, the first products to feature the combination of Z-Wave Security 2 (S2) and Z-Wave SmartStart technologies.

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Z-Wave

Ring’s first professionally monitored alarm system deploys the latest Z-Wave advancements, S2 and SmartStart, in its base station, keypad, and sensors. Ring Protect can be self-installed by homeowners and renters, leveraging the Z-Wave SmartStart for simple setup, as devices only need to be mounted and powered up to be “magically” connected to the network.

The first implementation of the S2 framework, now mandatory in all Z-Wave Certified devices by the Z-Wave Alliance, provides security both for the Ring base station to the cloud, as well as between it and the connected devices. S2 was developed in part by cybersecurity experts, and provides peace of mind to Ring Protect customers that their security system is secure.

“The Z-Wave advancements that we’ve launched this year are starting to enter the market as businesses recognize the need for security, and the value of fully automated installation,” said Raoul Wijgergangs, VP of the Z-Wave Business Unit Worldwide. “Ring is the first to market with their new system, and we welcome them to the Z-Wave ecosystem.”

“Using Z-Wave S2 and SmartStart in Ring Protect helps us to ensure that our home security system will be both safer, and smarter for users,” commented Ring Founder and CEO Jamie Siminoff. “With a mission to reduce crime in neighborhoods, we’re focused on providing total home security for our customers, and offering a simple setup that’s also secure.”

The Ring Protect system is available for pre-order on Ring.com, or at HomeDepot.com and BestBuy.com

About the Sigma Designs

Sigma Designs, Inc. (NASDAQ: SIGM) is a world leader in enabling smart home convergence. The company designs and builds the essential semiconductor technologies that serve as the foundation for the world’s leading Connected Smart TV platforms and Internet of Things (IoT) for smart home devices. For more information about Sigma Designs, please visit www.sigmadesigns.com.

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 1700 certified interoperable products worldwide. Represented by the Z-Wave Alliance, and supported by more than 450 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 Ring:

Ring's mission is to reduce crime in neighborhoods by creating a Ring of Security around homes and communities with its suite of home security products, including Ring Video Doorbells and Ring Cams . With these products, and now the new Ring Protect home security and monitoring system, Ring has created the neighborhood watch for the digital age and continues to prevent burglaries and keep homes around the world safe. In fact, one Los Angeles neighborhood saw a 55 percent decrease in home break-ins after Ring Doorbells were installed on just ten percent of homes. For more information, visit www.ring.com. With Ring, you’re always home.

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 the use of Z-Wave in product offerings, including the benefits of certain enhanced features of Z-Wave devices such as the S2 framework . Actual results may vary materially due to a number of factors including, but not limited to, consumer and customer acceptance of the Z-Wave technology including any updates or enhancements, the ability of the Z-Wave technology and any relevant enhancements 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 publicly 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.

Media Contacts:

Mary Miller Sigma Designs+1-510-897-1069Mary_Miller@sigmadesigns.com

Alexandra Crabb Caster Communications+1-401-792-7080alex@castercomm.com

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Source: Sigma Designs, Inc.

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