LAMBDA TD Software Inc.
LAMBDA TD Software Inc.: LAMBDA TD Software Signs Contract With CONDOPLEX Monitoring Systems to Further Extend Revenue Streams
LAMBDA TD Software Inc. / Key word(s): Miscellaneous 14.11.2011 / 10:02 --------------------------------------------------------------------- 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 & notifications 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@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 --------------------------------------------------------------------- 14.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 146113 14.11.2011
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