NEWPORT BEACH, Calif., Dec. 11, 2017 (GLOBE NEWSWIRE) -- SkyFidelity. Inc/TriCascade, Inc (OTC Pink:SRMX) SkyFidelity, Inc.’s subsidiary, TriCascade, Inc., an Internet of Things (IoT) technology company has created a Smart Thermostat device, the “THERMORING” which will allow consumers to use voice activated commands to control residential temperatures. The THERMORING offers next generation technology that will incorporate voice commands that can be made throughout the home to manage temperatures in single and two story homes.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f5c58dfa-bf5b-4520-81a4-e62969b81bd6
By taking advantage of the ability to provide both mobile app and voice activated controls, the THERMORING provides and improved consumer experience over the NEST thermostat and other WiFi enabled devices. The THERMORING will also introduce a Kilowatt Management feature which will provide consumers with updated daily kilowatt usage through LED images located on the thermostat device.
“Leveraging upon our voice activated software technologies already included in the Smart Wall Plug and other devices, the THERMORING will provide consumers with an improved thermostat technology that provides for mobile app and voice controls. Google’s purchase of NEST for $3.2 Billion demonstrates the high price being paid for consumer thermostat technologies. We believe the THERMORING will far surpass the technologies currently being used in other thermostat devices,” said Max Li, President of TriCascade, Inc and a leading innovator in SmartHome technologies.
IoT Ultimate Thermostat
Features & Benefits
- Smart Energy Thermostat
- Real Time Energy Consumption LED monitor
- Simplified Installation (No Additional Costs)
- 7 Day Home Energy Management System
- Home Sleep Away Activation Control
- Outdoor Weather Information
- Voice Activated Control using Alexa or Cortana
Market Opportunities
- TriCascade intends to partner with major Home Builders and Retailers to sell the THERMORING. THERMORING’S target audience includes over 100 million residential homes as well as commercial locations throughout the United States.
- Every home needs a thermostat. Why not the only SmartThermostat that offers Voice Activated Commands, Real Time Energy Consumption Monitoring and WiFi enable mobile app controls?
- The THERMORING will use TriCascade’s proprietary Energy Management Systems to provide consumers with real time energy consumption.
- According to the new research report "Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment & Other Control, Home Healthcare, Smart Kitchen, and Home Appliances), Software & Service (Behavioral, Proactive), and Geography - Global Forecast to 2023", the smart home market is expected to be valued at USD 137.91 Billion by 2023, growing at a CAGR of 13.61% between 2017 and 2023.
- Devices that allow Consumers to monitor their energy consumption are the hottest consumer technologies in the marketplace in 2017. Smart meters enable end users to calculate their real-time energy consumption levels on a daily basis. They provide information regarding the use of energy at different times during the day, enabling them to take appropriate steps to cut down their energy costs. Thus, smart meters are expected to hold a major share of the smart home market by 2023.
About Tri Cascade, Inc.
Founded in May 2010, Tri Cascade, Inc. is committed to developing innovative Internet of Things convergent technologies and products to reduce energy costs and empower the end user for smarter and safer living. Leveraging its extensive experience in energy management, wireless networking, and home and B2B automation and device control systems, Tri Cascade focuses on bringing leading edge Wi-Fi and machine-to-machine wireless innovations for smart energy management to both residential and commercial markets. Tri Cascade aims to use the Internet of Things to make cities dynamic and responsive to energy demands and sudden energy spikes. Tri Cascade’s first product release is the i-BRIGHT™7x Smart Surge Protector, a Wi-Fi-enabled home energy management tool embedded with online scheduling and power consumption metering on the Microsoft® Cloud. For more information, visit www.tricascade.com.
Safe Harbor: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
Contact:
SkyFidelity, Inc.
timothy.peabody@skyfidelityinc.com
7146979748