Universal electronics announces four new matter-enhanced solutions at ces 2023
Las vegas--(business wire)--universal electronics (uei) (nasdaq: ueic), the global leader in universal control of entertainment and smart home devices, announced its new and powerful matter capable products and services at the consumer electronics show 2023. for years, smart homes have been challenged by the lack of compatibility with, and interoperability between, different wireless electronic devices and digital assistants in the home. as a result, consumer adoption of smart home systems has been slow to evolve. more recently, major brands and technology providers from the industry have come together to address the lack of interoperability with the goal of formulating the new wireless communications standard, matter. by the end of 2022, the connectivity standards alliance (csa) has launched the matter 1.0 specifications with over 200 companies announcing matter-compatible products to launch. as a contributor to the matter specification, universal electronics has been an active participant in several working groups and plugfest events to help bring the full interoperability potential of the matter standard to the market. uei’s deep knowledge of what matter can (and cannot) deliver has culminated in the company’s introduction of four new matter-capable solutions that will be showcased in las vegas at ces 2023. “at this year’s ces, we demonstrate our commitment to our customers to be at the forefront of defining a best-in-class control experience for a variety of consumer applications,” says menno koopmans, svp of sales and marketing at uei. “we continue to deliver products that align with our vision of a truly connected home and are proud to see that our customers continue to adopt more and more of our control platform features.” to schedule a press tour or demo please visit here, or come by our booth #52014 at the venetian expo at ces taking place in las vegas on january 5-8. about universal electronics inc. universal electronics inc. (nasdaq: ueic) is the global leader in wireless universal control solutions for home entertainment and smart home devices and designs, develops, manufactures, ships and supports hardware and software control and sensor technology solutions. uei partners with many fortune 500 customers, including comcast, vivint smart home, samsung, lg, sony and daikin to serve video, telecommunications, security service providers, television, smart home and hvac system manufacturers. for over 35 years, uei has been pioneering breakthrough innovations such as voice control and quickset cloud, the world's leading platform for automated set-up and control of devices in the home. for more information, visit www.uei.com. *quickset® is a registered trademark of universal electronics inc. all trademarks appearing herein are the property of their respective owners. safe harbor statement this press release contains forward-looking statements that are made pursuant to the safe-harbor provisions of the private securities litigation reform act of 1995. words and expressions reflecting something other than historical fact are intended to identify forward-looking statements. these forward-looking statements involve a number of risks and uncertainties, including the timely development, delivery, technical performance, and market acceptance of products and technologies identified in this release; the purchasing by uei customers of the uei quickset, nevo, and uei tide family of products identified in this release in the quantities anticipated by management; the adoption of the matter interoperability technologies identified in this release by uei customers, the continued penetration and growth of uei's software and soc based solutions and other products and consumer technologies identified in this release; and other factors described in uei’s filings with the securities and exchange commission. the actual results that uei achieves may differ materially from any forward-looking statement due to such risks and uncertainties. uei undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
