SYS-CON MEDIA Authors: Elizabeth White, Yeshim Deniz, Pat Romanski, Nikita Ivanov, Sean Houghton

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Technology Leader UniKey Ships 100,000th Unit

UniKey solidifies its market leading Smart Lock technology and is poised to drive solutions beyond the residential market.

WINTER PARK, Fla., Feb. 4, 2014 /PRNewswire/ -- Technology innovator UniKey has gone from a prototype on ABC's SharkTank to delivering over 100,000 units of product in a partnership with North American residential lock leader Kwikset.  In just under 3 months, demand for Kwikset's Kevo, powered by UniKey, has demonstrated that consumers are embracing the first real innovation of the door lock in over a thousand years.

Media reports and awards stages at the 2014 Consumer Electronics Show (CES) painted a clear picture, home automation and the Internet of Things (IoT) are leading the next phase of the technology revolution. The market for home automation devices is estimated to hit $10 billion this year, growing to $44 billion by 2017, according to wireless industry group GSMA.  Consumers are expecting to find revolutionary technology like Kevo from channels of resale beyond traditional lock resellers, and Kwikset is the trusted brand that has been embraced by merchants like Apple and Best Buy.

With its place in the smart lock market assured, UniKey is poised to drive solutions beyond residential locks, making your smartphone the key to more than just your front door.  UniKey's President Phil Dumas, who delivered multiple mass market solutions to the access control industry prior to founding UniKey in 2010, sees a world where UniKey will eliminate the everyday keys, PINs & passwords.

"Imagine all of your keys, keycards, PINs, passwords and combinations, becoming part of an electronic key ring that resides on your smartphone.  You'll bypass the check-in counter at a hotel, leave behind that office building ID card, and there will be no need to carry a bulky car fob anymore.  And in addition to this, access can be monitored, controlled or revoked anytime, anywhere.  Consumers are demanding products that simplify their lives and that is evidenced by Kevo winning the coveted Last Gadget Standing Award at CES 2014." Dumas said.

UniKey continues to enable companies to provide innovative access control solutions to their product offerings.  In partnerships with market leaders in their respective industries, UniKey technology is moving beyond the front door.

Kevo is sold by Kwikset® in the USA and Weiser Lock in Canada. Kwikset and Weiser are leading brands of the Hardware & Home Improvement (HHI) division of Spectrum Brands Holdings (NYSE:SPB).  Kevo launched in October 2013, and can be purchased from leading online resellers and retailers including: Apple.com, Amazon, Best Buy, Brookstone, Future Shop, Home Depot, Lowes, NewEgg and Verizon Wireless. 

About Kwikset

Hardware and Home Improvement (HHI) is a major manufacturer and supplier of residential locksets, residential builders' hardware and faucets with a portfolio of renowned brands, including Kwikset®, Weiser®, Baldwin®, National Hardware®, Stanley®, FANAL®, Pfister™ and EZSET®. HHI is a leader in its key markets with #1 positions in U.S. residential locksets (Kwikset), Canada residential locksets (Weiser), U.S. luxury locksets (Baldwin), and U.S. builders' hardware (Stanley-National Hardware), #2 in Mexico residential hardware (Fanal), and #3 in U.S. retail plumbing (Pfister). Headquartered in Orange County, California, HHI has a global sales force and operates manufacturing and distribution facilities in the U.S., Canada, Mexico and Asia. 

About UniKey

UniKey is a technology innovator focused on access control.  UniKey's patent-pending "touch-to-open" system can be easily integrated into lock or code systems making your smartphone your key.  This technology affords secure access by simply touching your lock without removing your phone from pocket or purse.  UniKey serves the mass market by licensing technology, and works in partnership with trusted market leading companies, including Kwikset for residential door applications in North America.

For more information on UniKey, please visit www.unikey.com.

SOURCE UniKey

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