Schlage Introduces Innovative Web- and Mobile Phone-controlled Locks

CARMEL, Ind., Sept. 3 — Schlage, the most trusted brand of door locks,
today unveiled the latest consumer electronic innovation that fuses home
security and automation with mobile technology. The new Schlage LiNK
deadbolts and locks provide homeowners the power to remotely control and
monitor access to their home 24/7 with any web-enabled mobile phone or
computer.

The new Schlage LiNK deadbolts and locks provide keyless entry through
4-digit access codes that can be entered, activated, deleted or disabled on
the lock’s 11-digit push button keypad, or via the Schlage LiNK web portal
or mobile application.

This solution gives homeowners the freedom of never having to carry or
circulate multiple sets of keys, coupled with the ability to
instantaneously grant access to family members, friends, unexpected house
guests, and service providers such as handymen and housekeepers.

Via the Schlage LiNK online portal, homeowners also have the control to set
up user codes for specific days and times, receive text or e-mail
notifications when certain codes are used and track codes that have been
used over the past 90 days. These features deliver peace of mind to the
parents of active families so they know exactly when their children, family
members, friends and even service providers are entering their home. It
also does away with the need to regularly replace locks for rental
properties and second homes.

“Schlage LiNK deadbolts and locks give homeowners the control and peace of
mind of always knowing that even if their home is not in sight, it’s never
out of reach,” says Dwight Gibson, general manager, Intelligent Residential
Security, for Ingersoll Rand, the parent company of Schlage. “Schlage has
been the leading lock brand for the residential security market for more
than 85 years and we are dedicated to continually developing product
innovations that not only deliver first-rate security but also add
convenience to our customers’ busy lives.”

Additional product attributes include:

— Schlage LiNK locks are the first Z-Wave-enabled locks and work
seamlessly with more than 300 other Z-Wave-enabled home automation devices
including products ranging from lighting and temperature to pool and spa
controls.

— The Schlage LiNK web portal utilizes the same Secure Socket Layer (SSL)
protection used by the banking industry and the Z-Wave Bridge’s RF signals
are fully encrypted using AEC 128 bit encryption protocols.

— Designed with plug and play simplicity, the wireless Z-Wave Bridge
easily plugs into an Ethernet port on the home computer’s Internet router
and the light module plugs into any standard 3 prong electrical outlet.

— Schlage LiNK locks are powered by regular batteries and typically
install in less than 30 minutes with only a screwdriver.

— The Schlage LiNK Starter Kit retails for $299 and includes one Schlage
LiNK deadbolt or lock, a wireless Z-Wave Bridge and a compatible light
module. Additional Schlage LiNK deadbolts or locks will retail for $199.

— There is also a $12.99 monthly subscription fee for use of the Schlage
LiNK online portal and mobile applications. With the monthly subscription,
homeowners also receive 100 MB of memory to store IP camera video, if
installed with the system.

— Schlage LiNK deadbolts and locks can be used anywhere in the home a
traditional lock is used and are available in bright brass, satin nickel
and aged bronze, to complement any decor.

Schlage LiNK deadbolts and locks will be available at Fry’s Electronics
Retail Stores, on Fry’s web site (www.frys.com) and through select
professional builders in late October.

About Schlage & Ingersoll Rand Security Technologies

Schlage is the leader in security devices, trusted for more than 85 years,
spanning both the commercial and residential markets. Commercial grade
quality is built into every Schlage product. The brand is on the forefront
of developing cutting-edge technology and innovation such as wireless
security products and biometrics, among others. www.schlage.com

Ingersoll Rand Security Technologies is a leading global provider of
products and services that make environments safe, secure and productive.
The sector’s market-leading products include electronic and biometric
access control systems; time and attendance and personal scheduling
systems; mechanical locks and portable security, door closers and exit
devices, steel doors and frames, architectural hardware and technologies
and services for global security markets.

Ingersoll Rand Security Technologies is a sector of Ingersoll-Rand Company
Limited, a global provider of products, services and solutions to
industries as diverse as transportation, manufacturing, food retailing,
construction and agriculture. www.ingersollrand.com

About Z-Wave

Z-Wave is the first technology to bring affordable, reliable and
easy-to-use wireless control to every aspect of daily life — the home,
consumer electronics, healthcare, and energy use, to name a few. Z-Wave is
an award-winning, proven and interoperable wireless mesh networking
technology that allows a wide array of devices in and around the home to
communicate including lighting, appliances, HVAC, entertainment centers,
and security systems. Z-Wave brings many benefits to everyday life
including remote home monitoring, home healthcare, safety and security, and
energy conservation. Z-Wave certified products are currently available from
leading consumer brands in more than 170 products. Z-Wave is the recipient
of the 2006 Wall Street Journal Technology Innovation Award in the wireless
category, the CNET “Best of CES Award” in the enabling technologies
category, along with PC World’s 2006 World Class Award, which recognizes
the 100 best technologies and products of the year. For more information
about Z-Wave please visit www.z-wave.com

About the Z-Wave Alliance

Formed in January 2005, the Z-Wave Alliance is a consortium of leading
companies in the home technology space dedicated to solidifying Z-Wave as
the standard for wireless home control products. The principal members
include Cooper Wiring Devices, Danfoss, FAKRO, Ingersoll Rand Security
Technologies, Intel, Intermatic, Leviton, Monster Cable, Wayne-Dalton,
Universal Electronics Inc. (UEI) and Zensys. Its members lead the home
controls market, providing leading edge products and systems that deliver
increased comfort, convenience, safety and security. Z-Wave technology is
the foundation of all products manufactured by the Alliance members. For
more information about the Z-Wave Alliance, visit www.zwavealliance.org .