Sigma Designs : Z-Wave Alliance Awards Summer Z-Wave Labs Prize to Smart Energy Start-Up Embue

FREMONT, CA-(Marketwired - Aug 19, 2015) - The Z-Wave Alliance, an open consortium of leading global companies deploying Z-Wave, is announcing the summer winner of its IoT developer competition. Embue, a Boston-based start-up focused on empowering multifamily property managers to tackle energy and operational waste is the next winner of the Alliance's Z-Wave Labs program. The team at Embue will receive Z-Wave Alliance membership and access to the new Z-Wave IoT ready 500 series development kits. Z-Wave Labs is a brand new competition to support and incentivize IoT innovation on the Z-Wave® platform.

Launched in 2014, Embue's solution goes beyond the thermostat to connect a building's energy infrastructure and deliver real visibility and intelligence through predictive maintenance. Embue enables multifamily property managers focused on lowering expenses and creating efficiencies to allow buildings to do the talking, walking and problem solving for them. Embue's cloud delivered predictive building management platform and its smart device app provide both building managers and tenants environment control and knowledge about their units in ways previously unimagined.

"The growing field of energy management and smart thermostats in both commercial and residential markets is incredibly exciting," said Raoul Wijgergangs, interim chairman of the Z-Wave Alliance. "Embue's desire to use the Z-Wave platform to deliver a connected, smart energy solution for customers is a perfect example of the type of innovation we're looking for with our Z-Wave Labs program."

"We want to create a truly connected energy system for our customers to give them not only control over their environment but also the opportunity to have that environment manage itself," said Robert Cooper, President and CEO of Embue. "In order for these services to be the super achievers behind smart apartments, Embue needs a robust network infrastructure. By adding Z-Wave to our connected capabilities, we will extend that network and the selection of devices that work with our ecosystem."

Z-Wave Labs is a global competition that launched in May 2015 and is designed to encourage IoT innovation on the Z-Wave platform. The Labs program will select a new winner each month in any IoT related industry, including but not limited to: residential, commercial, automotive, healthcare, energy, security and aging-in-place. Winners are announced and featured on the Z-Wave Labs website and on social media. Winners also get access to the Z-Wave IoT ready 500 series development kits, including the Keil PK51 Professional Developer's Kit for the 8051 microcontroller family. Keil supports the Z-Wave Labs competition by sponsoring a one-year PK51 Professional Developer's Kit license for every winning company.

To learn more about Z-Wave Labs, apply for the competition and read frequently asked questions, please visit http://z-wavelabs.org.

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 using the #ZWaveLabs hashtag.

About Z-Wave
Z-Wave®technology and is an open internationally recognized ITU standard (G.9959). It is the leading wireless home control technology in the market today, with over 1350 certified interoperable products worldwide. Represented by the Z-Wave Alliance, and supported by more than 325 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 (NASDQ 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, Evolve Guest Controls, FAKRO, Ingersoll Rand Nexia Intelligence, Jasco Products, 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.

Safe Harbor Statement

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 anticipated market acceptance of the Z-Wave product line. Actual results may vary materially due to a number of factors including, but not limited to, market, consumer and customer acceptance of the Z-Wave product line in the aforementioned regions and the ability of Z-Wave to compete with other technologies or products in certain markets, if any, as well as other risks that are detailed from time to time in SEC reports, 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. The Z-Wave Alliance undertakes 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.