Verizon brings wireless monitoring service to Lowe's Iris smart home system

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Lowe's and Verizon Team Up for an Even Smarter Home

Verizon USB Modem enhances Iris Offering by Providing Wireless
Connectivity and Peace of Mind for Remote Home Management
News Release ShareThis

NEW YORK November 13, 2012

Lowe's and Verizon announced on Tuesday (Nov. 13) that customers of
the home improvement retailer's Iris smart home solution, a 2012 CES
Innovations Honoree, will now be able to use Verizon's world-class
wireless network for remote monitoring and management of their homes.
Available to U.S.-based Iris customers beginning Nov. 21, Verizon will
be Lowe's exclusive provider of wireless connectivity, employing the
nation's most reliable wireless network to deliver additional peace of
mind and control when customers are away from their homes.

Launched in July, Iris allows homeowners to monitor and control their
homes from anywhere via a smartphone or tablet. The new Verizon
wireless connection available via USB modem will connect to the Iris
Smart Hub, eliminating the need for homeowners to have a wired
broadband connection. The USB modems will be sold on Lowes.com.

"Lowe's is a highly respected retailer in the marketplace and a
valued customer, and this is a great opportunity to be the exclusive
wireless provider of its award-winning Iris smart home solution,"
said Scott Eason, vice president of retail and financial services,
Verizon Enterprise Solutions. "The trend and expectation from
consumers is to be connected to all facets of their lives no matter
where they are, and visibility into the home front is
invaluable."

Kevin Meagher, Lowe's vice president of smart home, said:
"Wireless connectivity is of great value to our Iris customers
who would like the freedom to manage and monitor their home without a
broadband connection and with the peace of mind that connectivity to
their home won't be lost should their Internet connection become
interrupted. Verizon has worked with Lowe's for many years, and the
extension of this relationship demonstrates our joint commitment to
keeping our customers connected to the things most important to them
whenever and wherever they choose."

This new wireless addition to the Iris Smart Home solution expands a
14-year relationship between Lowe's and Verizon that includes
wireless, wireline and hosting solutions, in addition to professional
services consulting.

Lowe's offers three different Iris starter kits that can all be paired
with the Verizon wireless USB modem to facilitate connection with the
Iris Hub for remote home monitoring and management:

Iris Safe & Secure ($179) - Provides peace of mind to homeowners
by using motion and contact sensors to monitor the home when away.
Receive an email, text or call when alarm events happen at home or
when the children arrive home from school. The kit includes an Iris
Hub, motion sensors, a keypad and door, window and cabinet sensors.

Iris Comfort & Control ($179) - Combines the convenience of home
automation with the ability to save on energy costs in the home. In
addition to the Iris Hub, this kit includes a thermostat which makes
programming simple with an intuitive user interface and remote control
of home settings through the Iris app. The kit also includes a smart
plug that can remotely control devices in the home and report back on
a current and historical energy usage.

Iris Smart Kit ($299) - Combines the features of Comfort & Control
and Safe & Secure in a single kit to deliver a full smart home
solution. The kit includes an Iris Hub, a motion sensor, a smart plug,
a key pad, a range extender, a smart thermostat and two window, door
and cabinet sensors.

Both Lowe's and Verizon will be participating in the 2013 Consumer
Electronics Show Jan. 8-11 in Las Vegas. Lowe's will be showcasing the
next generation of Iris products and services, including the Verizon
Wireless USB Modem.