WHO: LEXI, the company behind the industry’s most comprehensive IoT platform that’s transforming how enterprises and consumers manage and automate their Smart Spaces, has been selected as the Final Vendor in the search for a Smart Home Platform Partner by a Major North American Retailer doing over $70B in annual revenue in over 2000 stores across the United States.

WHAT: The Smart Home Platform will consist of smart products such as lighting and lighting controls, ceiling fans, IP Cameras and a variety of sensors to create a truly Smart Home as well as targeted solutions with monthly recurring revenue for Indoor Wellness, Energy Management, and Security.

WHEN: The platform is expected to be rolled out to consumers in late 2023.

WHY: LEXI’s Smart Home Platform was selected over much larger competitors for several key reasons:

• It can operate both with and without a gateway, enabling new Smart Home entrants to begin their customer journey without a gateway and providing the flexibility to add a gateway at a later date as needs mature
• Broad wireless protocol support, which enables the right protocol for the right purpose
• Future-proofed for new wireless standards such as Matter
• IP Cameras enabled with sophisticated Video AI search
• Wholesale monthly recurring revenue services in a wide variety of service sectors, all of which will enable the retailer to gain significant advantages over competitive offerings, attract new customers, and increase customer loyalty

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About LEXI®

LEXI offers the ultimate gateway to the IoT universe. Our intelligent IoT platform is flexible, future-proof, and designed to empower companies to easily and intuitively add and manage Smart Devices for the home, building, city and agriculture. Our executive team is involved at the board level within leading global standards bodies that are charting the course for the connected future. Built by design to work with ALL leading ecosystems*, ALL major wireless protocols** and to bridge competitive third-party products, our Universal IoT Gateway is unrivaled, the LEXI Mobile App is comprehensive yet uncomplicated, and our U.S.-based cloud services were built by us from the ground up, enabling LEXI to deliver truly unique functionality at up to 90% cost savings over all our competitors. Learn more about the LEXI IoT Edge-to-Cloud Platform and other intelligent advantages at lexi.tech.

*Supports Amazon Alexa®, Google Home®, HomeKit®, IFTTT® & Samsung SmartThings®

**Far-reaching and future-ready: 900MHz, Bluetooth, LoRa, Wi-Fi, Zigbee, Z-Wave plus OTA to BLE Mesh, Thread and Matter

Media Contact:

Caroline Gick, LEXI Marketing/PR, pr@lexi.tech