Essence and Assa Abloy's Yale Brand Partner for Enriched Smart Home Offerings

Synergistic technologies strengthen both security and convenience

HERZLIYA, Israel, and WILLENHALL, England, June 15, 2015 --

Essence, a leading provider of M2M, cloud-based connected-living solutions, and Assa Abloy, the global leader in door opening solutions and parent company of Yale, have partnered to combine Essence's state-of-the-art connected home solution - WeR@Home with Yale's industry-leading smart locks.

"Essence is at the cutting-edge of IoT, building on 20 years as a strong professional home security solutions provider, while we are the leading global brand offering the highest standard of residential smart lock security," said John Ward, Managing Director, Yale EMEA. "Our combined expertise offers greater value to consumers with an integrated experience for managing their homes."

Essence's WeR@Home multi-service platform, which provides home security, safety, and remote home management, quickly and easily integrates with Yale Z-Wave smart locks. Consumers will be able to directly program their lock via any Internet-supporting device with the WeR@Home application from any location, managing home access remotely or onsite, including the use of virtual keys to allow others' permanent or temporary home access.

Assa Abloy's new Yale ENTR smart lock based on Bluetooth low-energy (BLE) will also be integrated across Essence's solutions. ENTR is an easily installed retrofit lock currently available in Italy, Netherlands, Turkey, France, Israel, Germany, and Spain, with wider distribution in the works.

These developments are the first stage of a strategic partnership between the two companies. Currently in the works are projects aimed at creating a holistic solution by deepening integration of Yale smart locks within Essence's connected-living platforms.

Combining Assa Abloy and Essence's entry management technologies expands the capabilities of both solutions. The systems maintain their intuitive simplicity, ensuring continued consumer ease of use with enhanced access capabilities.

"Integrating a time-honored product like Yale smart locks across Essence product suites enriches our value to the consumer," said Dr. Haim Amir, Essence founder & CEO. "The Essence-Assa Abloy partnership expands the possibilities of our solutions, strengthening our offerings across markets, and enabling business flexibility for our customers."

About Assa Abloy
Assa Abloy is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience. Since its formation in 1994, Assa Abloy has grown from a regional company into an international group with about 44,000 employees, operations in more than 70 countries and sales close to SEK 57 billion. In the fast-growing electromechanical security segment, the group has a leading position in areas such as access control, identification technology, entrance automation and hotel security.

About Yale
Yale is a global brand offering security solutions for the residential market. Yale has been looking after people's homes and their prized possessions since its formation in 1843. Today as part of the ASSA ABLOY group, Yale has become synonymous with innovation and quality, offering a wide range of advanced products that meet the most demanding security needs for the home.

About Essence
Essence is a global IoT provider of scalable, end-to-end connected-living solutions for security, communication, and healthcare service providers. Over the past 20 years, Essence has built an impressive installed base, with more than 15 million products deployed and used by Tier-1 service providers worldwide. Essence is committed to developing and supporting solutions that both enhance partners' businesses and enable people to live fuller and better lives. Essence has won several distinguished industry awards over the past year, garnering recognition by both the consumer and business markets, including the ESX Innovation Award for Care@Home, and for WeR@Home, the European Consumers Choice Award, Telecom Broadband Infovision Award, IoT Business Impact Award, and others.

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