Lowe’s to unveil the next generation of Iris™ connected home products and services at 2013 International CES

  Lowe’s to unveil the next generation of Iris™ connected home products and
  services at 2013 International CES

    Lowe’s Iris™ Connected Home Pavilion to showcase the widest breadth of
   compatible connected home devices for safety, efficiency and convenience

 Company to offer home area networking products as part of new connected home
                                 product line

2013 International CES

Business Wire

MOORESVILLE, N.C. -- January 3, 2013

Lowe’s Companies, Inc. (NYSE: LOW) will unveil the next generation of products
and services for Iris™, its cloud-based smart home solution, at the 2013
International CES. Initially launched in July 2012, Iris enables homeowners to
monitor and control their home from anywhere via smart phone, tablet or
computer with a free basic level of service. At the 2013 International CES,
Lowe’s will showcase more than 15 new Iris™ devices and services to make homes
safer and more efficient, while providing unique convenience features for
homeowners.

Iris Safe & Secure Kit, Iris Comfort & Control Kit, Iris Smart Kit

Iris Safe & Secure Kit, Iris Comfort & Control Kit, Iris Smart Kit

Additionally, to help support the growing needs of today’s connected
homes--from video streaming to gaming across the ever-growing usage of
smartphones and tablets for the family--Lowe’s is announcing a new product
line for the connected home. The new product line will offer an assortment of
routers and switches, as well as Wi-Fi range extenders and Powerline solutions
to help expand network coverage for homeowners by leveraging existing home
broadband wiring. Lowe’s plans to roll out the new home area network products
to as many as 100 stores in the U.S. in the first half of 2013, with the full
roll out later in the year.

“As the second-largest home improvement retailer in the world, Lowe’s
recognizes the evolving needs of today’s homeowner and is well positioned to
offer the widest breadth of compatible connected home products and services at
an attractive price,” said Kevin Meagher, vice president and general manager
of Smart Home at Lowe's. “Lowe’s Iris system is an excellent choice for
homeowners and renters looking to install a system that improves the safety,
efficiency and convenience of their daily lives. Iris is simple and
affordable, and it will continue to evolve to manage more elements of the home
through a tablet or smart phone.

New Partners

At CES 2013, Lowe’s will showcase new Iris partnerships including Verizon,
Honeywell, Whirlpool, Jarden Safety, Orbit Irrigation Products, Pet Safe,
Plastair, Spring Window Fashions, Sylvania, Yale, and Pella. Lowe’s existing
partners Schlage, First Alert, GE Jasco and Radio Thermostat of America, will
be on display as well.

Key Technology Demonstrations at CES 2013

New connected home products and services compatible with Lowe’s Iris system
will be displayed in the San Polo Room 3403 of The Venetian during the 2013
International CES, which runs Jan. 8-11, 2013 in Las Vegas, Nevada.

Throughout this year’s CES, Lowe’s will present a series of solution
environments that highlight Iris’ newly extended breadth of capabilities that
today’s consumers demand. Below please find a schedule of events and
demonstrations:

Location: Lowe’s Iris Connected Home Pavilion is located at The Venetian, Las
Vegas, NV – San Polo Room 3403

Schedule: Open daily with demonstrations at 10 a.m. on Jan. 8 and at 10 a.m.
and 2 p.m. Jan. 9 - 11.

  *Tuesday, Jan. 8 – Iris for Safety: The next generation of Iris products
    and services combines advanced safety features with the latest technology
    to provide homeowners with peace of mind. Demonstrations on Tuesday will
    showcase how Iris can help improve care for seniors and loved ones, alert
    homeowners to smoke and carbon monoxide in the home even if they are away,
    and help control door locks from a phone or tablet - eradicating that age
    old concern: “Did I forget to lock the front door?”
  *Wednesday, Jan. 9 – Iris for Efficiency: Iris’ new expanded features
    include a broad array of monitoring tools that can help reduce costs by
    controlling energy and water consumption. Demonstrations on Wednesday will
    feature a number of programmable smartphone-controlled devices including
    connected thermostats and water heaters, sprinkler systems, window blinds,
    and even network connected light bulbs.
  *Thursday, Jan. 10 – Iris for Convenience: Innovative new Iris products
    make daily life more convenient for homeowners. Demonstrations on Thursday
    include a pet door that tracks the comings and goings of up to five
    different pets, a moisture sensor that reminds homeowners to water their
    plants, and a new Verizon USB Modem that keeps everything online even
    without an internet connection.

ABOUT LOWE’S

With fiscal year 2011 sales of $50.2 billion, Lowe’s Companies, Inc. is a
FORTUNE^® 100 company that serves approximately 15 million customers a week at
more than 1,745 home improvement stores in the United States, Canada and
Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the
second-largest home improvement retailer in the world. For more information,
visit Lowes.com.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130103006054/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50520451&lang=en

Contact:

Lowe’s Companies, Inc.
Sarah-Frances Wallace, 704-758-4339
sarahfrances.wallace@lowes.com
or
Sparkpr
Jeff Koo, 415-321-1866
lowes@sparkpr.com
 
Press spacebar to pause and continue. Press esc to stop.