This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Lowe's And Verizon Team Up For An Even Smarter Home

NEW YORK, Nov. 13, 2012 /PRNewswire/ -- Lowe's and Verizon announced on Tuesday ( Nov. 13) that customers of the home improvement retailer's Iris™ smart home solution, a 2012 CES Innovations Honoree, will now be able to use Verizon's world-class wireless network for remote monitoring and management of their homes.  Available to U.S.-based Iris customers beginning Nov. 21, Verizon will be Lowe's exclusive provider of wireless connectivity, employing the nation's most reliable wireless network to deliver additional peace of mind and control when customers are away from their homes.

Launched in July, Iris allows homeowners to monitor and control their homes from anywhere via a smartphone or tablet. The new Verizon wireless connection available via USB modem will connect to the Iris Smart Hub, eliminating the need for homeowners to have a wired broadband connection. The USB modems will be sold on Lowes.com. 

"Lowe's is a highly respected retailer in the marketplace and a valued customer, and this is a great opportunity to be the exclusive wireless provider of its award-winning Iris smart home solution," said Scott Eason, vice president of retail and financial services, Verizon Enterprise Solutions.  "The trend and expectation from consumers is to be connected to all facets of their lives no matter where they are, and visibility into the home front is invaluable."

Kevin Meagher, Lowe's vice president of smart home, said: "Wireless connectivity is of great value to our Iris customers who would like the freedom to manage and monitor their home without a broadband connection and with the peace of mind that connectivity to their home won't be lost should their Internet connection become interrupted.  Verizon has worked with Lowe's for many years, and the extension of this relationship demonstrates our joint commitment to keeping our customers connected to the things most important to them whenever and wherever they choose."

This new wireless addition to the Iris Smart Home solution expands a 14-year relationship between Lowe's and Verizon that includes wireless, wireline and hosting solutions, in addition to professional services consulting.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs