Vienna, VA - September 29, 2015 - Alarm.com (Nasdaq: ALRM), the leading platform solution for the smart home, has expanded its Smart Home Security solutions with a Water solution. An intelligent combination of sensors, devices and Alarm.com cloud services will detect water leaks, alert homeowners, and proactively respond to minimize damage.
Powered by Alarm.com's cloud platform, the Water solution protects homeowners from dangers and challenges that traditional security systems cannot address. The solution is completely integrated into Alarm.com's Smart Home Security offering, which gives homeowners control of the home and awareness of important events through an intuitive smartphone app.
In the event of a leak, a connected water sensor signals the Alarm.com platform through a dedicated cellular connection that operates during power outages and avoids reliability issues with broadband connections and home networking. The homeowner is immediately alerted through text or push notifications so they can take action to limit damage. With an automated water shut off valve—a new addition to Alarm.com's ecosystem of connected devices—the home's water supply is shut off automatically, immediately stopping the spread of water whether the homeowner is on-site or not.
"Alarm.com is focused on applying Smart Home technology to real challenges, making the home safer and smarter," said Jay Kenny, SVP of marketing at Alarm.com. "In addition to intrusion detection, automation and mobile app control, Smart Home Security gives homeowners real solutions for a wide range of potential threats, including fire, carbon monoxide and costly water damage caused by leaks.
Water damage is a significant cause of damage and property loss for residential homes. According to ACE Private Risk Services, leaks account for 23 percent of homeowner property loss annually*, and they are a major factor in unexpected home repair costs. Flood damage from frozen pipes, water heaters and appliances is common, and cleanup costs can exceed $20,000* if a leak goes undetected for long enough to flood a home. Alarm.com's Water solution is designed to detect and immediately alert a homeowner so that the leak can be addressed and the damage limited. With a water shutoff valve installed, the system can respond automatically.
In addition to water detection and shutoff features, Alarm.com's whole-home security solution offers many other ways for homeowners to guard against water damage. Low temperature threshold alerts indicate when a home's heating has malfunctioned and pipes are at risk of bursting. This awareness is useful for unoccupied second homes, which, thanks to the system's dedicated cellular connection, can be monitored year-round without broadband running. In the event of a leak, smart locks can be opened remotely to give access to a local plumber or trusted neighbor, and the security system re-armed remotely after they leave.
*Source: ACE Private Risk Services, based on SNL and ISO data.
About Alarm.com
Alarm.com, founded in 2000, is a leading technology provider of connected home services, powering millions of residential and commercial installations. Through its connected home platform, millions of people use Alarm.com to help protect and manage the things that matter most – their homes, families, and small businesses. Alarm.com connects a wide range of supported devices across the Internet of things to provide an integrated connected home experience through an intelligent cloud-based services platform and easy to use mobile app. Alarm.com solutions are sold exclusively through a network of licensed and authorized Dealer Partners. For more information, please visit www.alarm.com.
