Greenwave Systems and VTech Partner to Expand Conn

The three companies will introduce award-winning IoT technology to Accelerate ULE-IoT Deployments

SAN JOSE, Calif., Jan. 05, 2017 (GLOBE NEWSWIRE) -- DSP Group , a leading global provider of wireless chipset solutions for converged communications, Greenwave Systems , the global Internet of Things (IoT) software and managed services leader, and VTech , the world’s leading manufacturer of cordless phones and electronic learning products, today announced a partnership to advance VTech connected home products by licensing Greenwave’s sensor technology. The solution will be based on DSP Group’s Ultra Low Energy (ULE) offering. The collaboration further emphasizes the companies’ dedication to creating flexible networks that are scalable, secure and promote interoperability, in order to facilitate the best-connected experience in the home or enterprise ecosystem.

“We’re excited to collaborate with two such market leaders to deliver best-in-class IoT solutions. By leveraging Greenwave’s expertise and award-winning IoT management system and VTech’s superb ULE wireless monitoring sensors we are well-positioned to further expand our portfolio of partners and customers. Together we are truly shaping the future of IoT solutions using our proven ULE and DECT technologies,” said Ofer Elyakim, CEO of DSP Group. “ULE has proven itself to be the technology of choice for IoT solutions at home and a unifying force in the home automation market.”

DSP Group’s ULE portfolio offers the most advanced IoT technology with key attributes such as interference-free bands, outstanding range, lower power consumption, robust and secure RF channels, dual 2-way voice, audio and video over the air. Based on a simple star topology, ULE requires fewer device nodes to provide the same service compared with other mesh network technologies, thereby reducing total cost of ownership (TCO) for system, deployment and maintenance.

“We’re committed to advancing usability in the connected space and helping our customers produce comprehensive, interoperable IoT experiences,” said Martin Manniche, founder and CEO at Greenwave Systems. “Benefiting from their ULE and DECT expertise, we’re excited to team up with VTech  and DSP Group to bolster their IoT offerings for faster deployment and a robust extensible platform.”

VTech provides a broad range of ULE connected devices that homeowners can use to monitor and control their homes. With its motion sensors and other IoT devices, VTech is extending its connected network to a greater ecosystem of smart devices.

“The success of smart environments depends on a harmonious network where devices work together seamlessly and securely,” said C.H. Tong, President of VTech Telecommunications Limited. “Partnering with Greenwave and leveraging DSP Group’s ULE technology allow us to achieve this while offering the ability to scale to demand. We are happy to collaborate on our connected sensors and look forward to the advancements we’ll make together.”

The technology licensed is part of Greenwave’s AXON Platform ^® which offers telcos, cable operators, manufacturers and energy companies a comprehensive horizontal framework. This framework can quickly accommodate network demands such as adding new devices, communication standards or services, and report actionable data insights back to users via real-time visual analytics. The AXON Platform serves as a universal translator, uniting various standards (such as ULE) working together seamlessly and securely to enable providers in IoT solutions for Industrial, Commercial and Consumer IoT use-cases.

DSP Group, VTech and Greenwave Systems will showcase these and other offerings at the 2017 Consumer Electronic Show (CES) in Las Vegas, January 5-8, 2017 in the ULE Alliance Pavilion located in the Sands Expo as well as the DSP Group demonstration room in the Marriott Courtyard Hotel (by appointment), and Greenwave’s suite in the Venetian (by appointment).

About VTech VTech understands the importance of having a secure connection to the people and rooms that matter most. It is because of this that VTech works to create baby monitors for parents and families that provide peace of mind, intuitive operation and state-of-the-art technology. Founded in 1976, VTech is the world’s largest manufacturer of cordless phones and the global leader in electronic learning products from infancy through toddler and preschool. It also provides highly sought-after contract manufacturing services. VTech’s mission is to design, manufacture and supply innovative and high-quality products in a manner that minimizes any impact on the environment while creating sustainable value for its stakeholders and the community. For more information, please visit  http://www.vtechphones.com .

VTech Media Relations Alex Plew Edelman Email: Alex.Plew@edelman.com Tel: 503-471-6860

About Greenwave Systems Greenwave Systems is a global software and managed services company for the Internet of Things (IoT) dedicated to empowering market-leading brands to profitably deploy their own managed services and products, foster deeper customer relationships and grow their businesses. Mobile carriers, telecommunications operators, semiconductor manufacturers, utilities and all manner of service providers use Greenwave’s AXON Platform to safely integrate data and communications from a variety of existing and emerging digital protocols and swiftly create vanguard IoT and M2M services via managed networks. Learn more about Greenwave at www.greenwavesystems.com . Connect with us on LinkedIn here and follow us on Twitter at @GreenwaveSys .

©2017 Greenwave Systems, Inc., Greenwave Systems’ AXON Platform are trademarks and/or registered trademark of Greenwave Systems, Inc. Other brand names may be trademarks of their respective owner(s). Information is subject to change without notice. All rights reserved.

Media Relations – US: Pouneh Lechner Sterling Communications Email: greenwave@sterlingpr.com Tel.: 408-884-5161

About DSP Group DSP Group ^® , Inc. (NASDAQ: DSPG ) is a leading global provider of wireless chipset solutions for converged communications. Delivering semiconductor system solutions with software and hardware reference designs, DSP Group enables OEMs/ODMs, consumer electronics (CE) manufacturers and service providers to cost-effectively develop new revenue-generating products with fast time to market. At the forefront of semiconductor innovation and operational excellence for over two decades, DSP Group provides a broad portfolio of wireless chipsets integrating DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear™, video and VoIP technologies. DSP Group enables converged voice, audio, video and data connectivity across diverse mobile, consumer and enterprise products – from mobile devices, connected multimedia screens, and home automation & and security to cordless phones, VoIP systems, and home gateways. Leveraging industry-leading experience and expertise, DSP Group partners with CE manufacturers and service providers to shape the future of converged communications at home, office and on the go. For more information, visit www.dspg.com .

DSP Group Contact: Tali Chen CVP Corporate Development Tel: 408-240-6826 tali.chen@dspg.com