Meridia Village Commons residents in South
Orange, NJ will benefit from the seamless entry experience via
LatchOS, Latch Lens, and Marks’ proven, secure hardware.
Latch, Inc. (NASDAQ: LTCH), maker of LatchOS, the full-building
enterprise software-as-a-service (SaaS) platform, today announced
the completion of the first installation of Latch-powered Marks USA
ArchiTech Series Networx Locks at Meridia Living’s Meridia Village
Commons in South Orange, NJ. Residents of the new construction
building of 106 units will benefit from Latch’s full-building smart
access, flexible unlock methods, and concierge capabilities,
delivering a seamless resident and property management
experience.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230530005152/en/
“This first installation with Marks USA is a milestone in
accelerating Latch’s vision to make it easier for customers to
deliver the best resident experience,” said Jamie Siminoff, Latch’s
incoming CEO. “Marks USA locks integrated with Latch’s technology
should streamline new and retrofit installations moving forward and
help expand Latch’s footprint in new market segments. This
installation serves as a proof of concept for similar opportunities
in the future.”
This integration merges Latch’s app experience and Latch Lens
with a vast array of customizable architectural door hardware from
Marks USA, a division of NAPCO Security Technologies. The Latch app
enables authorized users and residents to unlock the door in
whatever manner they choose, such as with an iOS or Android device,
Apple Watch, keycard, or door code, for unparalleled convenience
and flexibility.
“Working with Latch, we are able to deliver a modern, elevated
access control experience to our customers and their end users,
aesthetically matching Marks door locks inside and outside the
building,” said Stephen Spinelli, SVP of Sales at NAPCO. “We are
thrilled to complete our first installation together and look
forward to bringing this more fluid user experience to more spaces
and residents, teaming the considerable strengths of Latch’s access
control and property management technology with Marks USA Custom
Locking.”
Meridia Living, along with Latch’s installation partner
Protection Technologies, helped make this project possible. In
addition to managing the installation process, Protection
Technologies was instrumental in the design, servicing, and support
for this project.
“Delivering the best possible living experience is always our
primary goal,” said Brian J. Pfistner, CCIM, Chief Asset Officer at
Meridia Living. “By partnering with Latch and Marks USA on this
project, we were able to do just that, offering the latest
technology and increased flexibility to suit the needs and
lifestyle of each individual resident.”
“We are honored to support Latch and Marks USA on this
installation to provide high-quality, reliable access control to
the residents of Meridia Village Commons,” said Mike Singer,
President at Protection Technologies. “We look forward to
continuing our relationship with Latch to help provide a superior
living and property management experience to more developments in
the future.”
To learn more about Latch or to partner with Latch, visit
www.latch.com or email incoming CEO Jamie Siminoff directly at
j@latch.com.
About Latch, Inc.
Latch makes spaces better places to live, work, and visit
through a system of software, devices, and services. For more
information, please visit www.latch.com.
FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking statements within
the meaning of the federal securities laws with respect to Latch
and/or Honest Day’s Work, which is expected to merge with Latch in
the third quarter of 2023 (the “Merger”). These forward-looking
statements generally are identified by the words "believe,"
"project," "expect," "anticipate," "estimate," "intend,"
"strategy," "future," "opportunity," "plan," "may," "should,"
"would," "will continue," "will likely result," and similar
expressions. Forward-looking statements are predictions,
projections, and other statements about future events that are
based on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Forward-looking information
includes, but is not limited to, statements regarding: Latch’s and
Honest Day’s Work’s current and future products, integrations,
pricing, financial performance, strategies, and operations, and the
related benefits to stockholders, customers, and residents;
expected growth of demand for Latch’s and Honest Day’s Work’s
current and future products and their adoption by customers; Latch
and Honest Day’s Work industry positions; the ability of Latch to
successfully integrate Honest Day’s Work post-acquisition and
realize the benefits of such acquisition, including the expected
performance of the combined company’s management team; and the
transition in Latch’s CEO position. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this document, including: (i) whether the Merger is
completed in a timely manner or at all; (ii) the risk that the
Merger may involve unexpected costs or liabilities; (iii) the
effect of the announcement or completion of the Merger on Latch’s
and Honest Day’s Work’s operations and relationships with
customers, suppliers, and personnel; (iv) the outcome of legal
proceedings, if any, related to the Merger; (v) Latch’s ability to
implement business plans; (vi) changes and developments in the
industry in which Latch competes; (vii) Latch’s ability to regain
and maintain compliance with the listing standards of The Nasdaq
Stock Market LLC, and the impact of the Merger thereon; and (viii)
Latch’s ability to timely complete the ongoing restatement of its
consolidated financial statements for 2019, 2020, 2021, and the
first quarter of 2022, and the impact of the Merger thereon. The
foregoing list of factors is not exhaustive. You should carefully
consider the foregoing factors and the other risks and
uncertainties described in the "Risk Factors" section of our Annual
Report on Form 10-K filed with the SEC on March 1, 2022, and other
documents subsequently filed by Latch from time to time with the
Securities and Exchange Commission (the “SEC”). These filings
identify and address other important risks and uncertainties that
could cause actual events and results to differ materially from
those contained in the forward-looking statements. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and Latch assumes no obligation to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law, including
the securities laws of the United States and the rules and
regulations of the SEC. Latch does not give any assurance that it
will achieve its expectations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230530005152/en/
Investors: investors@latch.com Latch PR: press@latch.com
Latch (NASDAQ:LTCH)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Latch (NASDAQ:LTCH)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024