Interlogix to be exclusive distributor of Ecolink sensors for the professional security segment
SANTA ANA, CA – March 10, 2016 – Universal Electronics Inc. (NASDAQ: UEIC), a worldwide leader in sensing and control technologies for the smart home, announced today that Ecolink Intelligent Technology, Inc., its wholly owned subsidiary, has entered into an agreement with UTC Fire & Security Americas Corporation, Inc. (UTC F&S) / Interlogix , part of UTC Climate, Controls & Security, a unit of United Technologies Corporation (NYSE: UTX). Through this agreement Ecolink’s security sensors will be available exclusively through all Interlogix sales channels within the residential and commercial security segment.
This agreement pairs the innovation and agility of Ecolink with the strong sales and distribution expertise of Interlogix to build a more robust presence in the security space.
“Ecolink has been a solid supplier of security products for many years. Their experience and knowledge in developing innovative sensors for all the major alarm brands will enable Interlogix to expand its product lines and accelerate growth in this industry,” said Shin Voeks, intrusion & monitoring product leader, Americas, Interlogix. “We are excited about the opportunity to supply our customers with the best security solutions available.”
“Interlogix is a world class company with an extensive global network of experienced sales professionals and established sales channels. Their expertise in sales and distribution is an excellent fit for Ecolink’s core expertise in rapidly designing and developing innovative wireless sensing and control products,” said Michael Lamb, President of Ecolink. “We look forward to providing them with a plethora of truly innovative and dependable products for their customers.”
About Universal Electronics
Interlogix, part of UTC Climate, Controls & Security, a unit of United Technologies Corporation provides global security products to meet the demands of the modern world. A recognized leader in residential and commercial security applications, Interlogix has products installed at over 5 million locations in North America to date, including IP solutions and smart home systems for lifestyle convenience. For more information, visit www.interlogix.com or follow @Interlogix on Twitter.
All trademarks appearing herein are the property of their respective owners.
Safe Harbor Statement
This press release contains forward-looking statements that are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, delivery and market acceptance of products and technologies such as the security sensors and other control products and technologies described in this release; the acceptance and adoption of Ecolink sensor products by UTC F&S / Interlogix under the terms of the Agreement; and other factors described in Universal Electronics Inc. (the Company’s) filings with the securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward looking statement due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Universal Electronics Inc.
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