DGAP-News: LAMBDA TD Software Inc.: LAMBDA TD Software Signs Contract With CONDOPLEX Monitoring Systems to Further Extend Revenue Streams
(firmenpresse) - DGAP-News: LAMBDA TD Software Inc. / Key word(s): Miscellaneous
LAMBDA TD Software Inc.: LAMBDA TD Software Signs Contract With
CONDOPLEX Monitoring Systems to Further Extend Revenue Streams
14.11.2011 / 10:02
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LAMBDA TD SOFTWARE becomes Condoplex Authorized Dealer for Southwest United
States
LAS VEGAS (NV): LAMBDA TD Software Inc. (FRANKFURT, Symbol: XLS, ISIN:
US51327T2042, WKN: A0YJT2) today announced that they have signed an
agreement with Toronto (Canada) based CONDOPLEX Monitoring Systems, Inc. to
be an Authorized Dealer and Software Service&Maintenance Contractor for
the United States Southwest territories of Nevada, Arizona (includes
Mexico) and Southern California. This establishes not only a partnership
with the world leader in developing advanced Integrated Security and
Communication Solutions for Luxury Apartment Complexes, Health Care,
Retirement Facilities, and private Gated Communities, but adds an
additional revenue stream to LAMBDA's security monitoring solutions, a key
component of LAMBDA TD Software's LFETM FIVE Smart Home System that allows
home owners to combine high tech with positive environmental impact.
CONDOPLEX installations can be found in more than 100,000 suites around the
world, in cities such as in Toronto, Vancouver, Chicago, Delaware, Miami,
Cairo, Delhi and Singapore. Robert M. Corcoran, CEO of LAMBDA TD Software,
comments, 'I am excited that we have found a strong strategic alliance
partner in CONDOPLEXMonitoring Systems. We went to Toronto this past month
and received training on what I believe to be one of the finest security
monitoring systems in the world today. They are a kindred spirit to LAMBDA
TD SOFTWARE as we are both open system technology companies using Linux
based software; and we both employ the spirit of the Open Source Community
in our corporate cultures and philosophies. I admire and respect the strong
values and quality workmanship of the passionate people in this remarkable
boutique engineering company nestled for the past 22 years in the heart of
Toronto. And the Managing Director, Cliff Tomas, is an outstanding and
innovative leader in the security industry. CONDOPLEX products can
integrate into any project, large or small, and will become a seamless and
significant component to the LFETM FIVE Smart Home system as well. We look
forward to a long and lasting, profitable and fully symbiotic connection
with Cliff Tomas, and with his innovative product vision and talented group
of engineers.'
This partnership with CONDOPLEX is a result of LAMBDA's strategy of
extending its revenue streams through alliances and partnerships with
industry leading system integrators, such as CONDOPLEX, while implementing
LAMBDA's LFETM FIVE Smart Home system in large multi-hundred unit projects,
such as Mira Villa. CONDOPLEX products can seamlessly be integrated into
any LAMBDA project, as a key component of LAMBDA's LFETM FIVE Smart Home
system. With access to the entire home from touch panels, TVs or a remote
web connection, LAMBDA's LFETM FIVE Smart Home's affordable and easy-to-use
products allow home owners to manage home media&entertainment, security&surveillance, HVAC climate controls, smart lighting and monitoring¬ifications for real-time energy saving. By organizing the different
systems in the home and have them work together, the LFETM FIVE Smart Home
provides effortless entertainment, comfort, convenience and substantial
energy saving.
ABOUT CONDOPLEX Monitoring Systems, Inc.
Condoplex was founded in 1987 to become the world leader in developing
advanced Integrated Security and Communication Solutions for Luxury
Apartment Complexes,Health Care&Retirement Facilities, and private Gated
Communities. Having installed hundreds of systems around the world, we
understand the short and long term goals of various developers, builders
and condominium board. Currently, installations can be found in Toronto,
Vancouver, Chicago, Delaware, Miami, Cairo, Delhi and Singapore - with over
100,000 suites worldwide! Condoplex Monitoring Systems inc. p 416.674.9800.
75 Horner Ave, Unit 7 Etobicoke, ON Canada M8Z 4X5. www.condoplexinc.com
ABOUT LAMBDA TD Software, Inc.
LAMBDA TD Software, Inc. (www.lambdatdsoftware.com) is a Las Vegas-based
Smart Home Automation company that develops and installs LFETM FIVE
(pronounced 'Life Five'), the first cloud-based smart home automation and
universal remote control platform operated by LAMBDA's patented LFETM touch
panel system. LAMBDA was founded in 2006 and provides smart home technology
solutions to both commercial and residential customers. The flagship
product, LFETM FIVE (LAMBDA FIVE ENVIRONMENT), is the first open system,
open architecture remote control system designed for homes, businesses,
schools, hospitals, and municipalities. With LFETM FIVE (LAMBDA FIVE
ENVIRONMENT) entire high-rise buildings can become connected and turned
Green, an approach that is in many U.S. areas supported with government,
carbon offset credits, and Green Tax credits. LAMBDA is publicly traded at
the First Quotation Board at Deutsche Boerse in Frankfurt (Symbol: XLS,
ISIN: US51327T2042, WKN: A0YJT20). CONTACT: Robert Corcoran at (702)
998-6465 Robert(at)lambdaTDsoftware.com.
** END OF NEWS RELEASE **
Lambda TD Software Inc (DE: XLS Frankfurt, Xetra) is an independent,
exchange listed company operating in the segment of 'Energy Optimation /
Smart Home Automation'.
This news release may contain certain forward-looking statements,
expectations, intentions, strategies and beliefs regarding the future. All
statements contained herein are based upon information available to the
management of Lambda TD Software Inc. as of the date hereof, and actual
results may vary based upon future events, both within and without the
control of the management, including risks and uncertainties that could
cause actual results to differ materially.
Management does not take any responsibility to update the contents of this
News Release in case new aspects arise or new conditions change the facts
available.
Registered office:
Lambda TD Software Inc., 26132 Avenida Bonachon Mission Viejo, California
92691
www.lambdatdsoftware.com
ISIN: US51327T1051
WKN: A0YJT2
Stock Exchanges: Frankfurt, Xetra, Berlin, Stuttgart
End of Corporate News
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