Date Announced: 11 May 2010 HARRISBURG, Pa. -- Tyco Electronics Corporation, a leader in precision-engineered electronics, and Redwood Systems, a manufacturer of network-based lighting power and control systems, today announced a strategic collaboration to pioneer Redwood Systems’ new lighting platform in the commercial lighting market.The new platform -- a lighting system that fuses intelligent control, communications and power delivery into an integrated, networked system -- will make smart lighting simple and cost-effective, and provide users with expanded ways to visualize and optimize their buildings. The system, which operates on both groundbreaking LED technology and traditional fluorescent and halogen technology, estimates energy savings up to 75 percent for standard building lighting. Tyco Electronics will collaborate with Redwood Systems on a comprehensive solutions package, which includes a combination of the company’s core competencies, for integration into this high-level system. The package will provide the foundational infrastructure necessary to enable, as well as complement, the lighting system -- such as commercial-premises structured cabling systems, circuit protection devices and interconnect systems.“Tyco Electronics is synonymous with innovation and has always been at the forefront of technology adoption,” says Dave Leonard, cofounder and chief executive officer of Redwood Systems. “For these reasons, we knew that they would be a strong ally in helping bring Redwood’s platform to market. The invaluable relationships that we develop with Tyco Electronics and our other strategic allies will accelerate our product’s adoption rate and help more customers reduce their lighting costs and improve building performance.” “We are excited to work with Redwood Systems in helping them establish and commercialize their unique, energy-efficient lighting platform,” says Rob Rix, vice president of lighting, Tyco Electronics. “Our extensive knowledge in interconnect and Solid State Lighting (SSL) packaging, coupled with Redwood’s technology will create a sensational product.”The platform is composed of three discrete elements that work in concert to create a programmable “building fabric.” The three components include the Redwood Engine, a central driver that provides and modulates power; the Redwood Adapter, a group of sensors at each light fixture; and the Redwood Wall Switch. The system, connected with Tyco Electronics low-voltage cabling, facilitates “plug-and-play” behavior to reduce installation time.For more information on Tyco Electronics’ lighting products and Redwood Systems’ new lighting platform, visit www.tycoelectronics.com and www.redwoodsystems.com, or visit the companies at LIGHTFAIR International, booth 2621 and 1680, respectively.ABOUT TYCO ELECTRONICSTyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, specialty products and undersea telecommunication systems, with fiscal 2009 sales of US$10.3 billion to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.ABOUT REDWOOD SYSTEMSRedwood Systems is pioneering an entirely new way to power, communicate, and control commercial lighting that will bring unprecedented energy savings and improved building performance. By combining three typically discrete systems (power, communications and sensors) into one low-voltage networked system, Redwood’s platform will make smart buildings vastly simpler, easier, and less expensive to own and operate. The company was founded in 2008 and is headquartered in Fremont, California. For more information, visit http://www.redwoodsystems.com/.# # #
Contact
Editorial Contact: Tyco Electronics Rachel A. Sigamony (717) 986-7761 Redwood Systems Elizabeth Quinn Sr. Mngr., Marketing & Communications (1) 510-400-8062 [email protected]
E-mail:[email protected]
Web Site:www.tycoelectronics.com
