Date Announced: 22 Sep 2011 Redwood Systems and Anixter have announced an agreement to distribute Redwood Systems’ line of lighting control products across North America. The joint venture will allow Redwood access to Anixter's brands and Anixter will add Redwood's energy-efficient products to its customer offering.Redwood Systems’ lighting platform replaces copper wire with a low-voltage infrastructure that uses DC power, as opposed to AC power. This approach allows structured cabling providers to enter the multi-billion dollar lighting market.In addition, Redwood’s platform provides cost-effective facility monitoring that helps run operations more efficiently. Redwood will now be able to access a new sales channel that is scheduled to increase in the near-term.This partnership gives structured cabling professionals increased opportunities with existing customers and allows them to expand their presence in the market.Redwood Systems was also in the news earlier this month when it announced a new Senior Vice President of Technology appointment.+++Press Release+++Fremont, CA – Redwood Systems, the leader in building-performance lighting solutions, and Anixter, a leading global supplier of communications and security products, electrical and electronic wire and cable, fasteners and other small components, today announced an agreement to distribute Redwood Systems’ premier line of lighting control products across North America. The partnership will provide Redwood with access to Anixter's market-leading presence and well-respected brand, while Anixter will add energy efficiency and sustainability solutions to its robust customer offering.Redwood Systems’ innovative lighting platform replaces traditional copper wire with a low-voltage infrastructure that uses direct current (DC) power, as opposed to alternating current (AC) power. This approach allows structured cabling providers to enter the multi-billion dollar lighting market.“Redwood brings lighting to the network for the first time,” said Randy Mortensen, Vice President Marketing, Enterprise Cabling Solutions for Anixter. “Lighting is an enormous business and with this agreement Anixter can now offer structured cabling professionals a new value proposition that enables them to participate in cutting-edge energy efficiency services.”In addition to delivering best-in-class energy savings from commercial lighting, Redwood’s platform provides cost-effective facility monitoring that helps run operations more efficiently. A high-density sensor network enables a range of smart building applications that include temperature mapping, space utilization reporting and security alerts, all of which can seamlessly integrate with existing building systems enabled by structured cabling technologies. By establishing a seamless way to add energy efficiency and sustainability applications to existing solution portfolios, Redwood and Anixter are helping structured cabling professionals increase opportunities with existing customers, expand to new customers, and improve and enhance their overall value proposition. Meanwhile, the partnership will provide Redwood with a new sales channel into a structured cabling market that is scheduled to increase over the next few years.“With Anixter's global reach and proven track record delivering technology that makes buildings smarter, they provide a unique channel perfectly built for Redwood Systems’ platform,” said Dave Leonard, CEO, Redwood Systems. “Our approach brings lighting into the realm of structured cabling, which no other lighting control system is capable of doing. As a result, we are adding significant value to professionals looking to differentiate themselves in a highly competitive and fast-growing market.”About Redwood SystemsRedwood Systems powers enhanced building performance through lighting. Redwood has developed the world’s only commercial lighting control platform with integrated building intelligence. The system provides proven, best-in-class energy savings and cost-effective space utilization, temperature and power monitoring that enables customers to intelligently operate their facilities and enhance employee productivity. This award-winning approach uses patent-pending networking technology and direct current (DC) to power and control lights and a high density sensor grid. With a growing roster of market-leading customers and partners, Redwood is building a reputation for customer success. For more information, visit http://www.redwoodsystems.com/.About AnixterAnixter International is a leading global distributor of communication and security products, electrical and electronic wire and cable, fasteners and other small parts. The company adds value to the distribution process by providing its customers access to 1) innovative inventory management programs; 2) more than 450,000 products and over $1 billion in inventory; 3) 231 warehouses with approximately 7 million square feet of space; and 4) locations in 269 cities in 51 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on The New York Stock Exchange under the symbol AXE.
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Drew Smith Senior Account Executive Direct: 415.856.5127 Mobile: 415.336.1103
E-mail:[email protected]
Web Site:www.redwoodsystems.com
