Minim Continues Retail Expansion to Home Improvement with Summit Growth Partners
27 Avril 2022 - 2:30PM
via NewMediaWire — Minim, Inc. (NASDAQ: MINM), the creator of
intelligent networking products under the Motorola brand, today
announced its new relationship with Summit Growth Partners, one of
the largest players in retail representation nationwide. Working
directly with the biggest names in home improvement retailing,
Summit Growth Partners excels in boosting manufacturers’
performance across seven different product categories. With this
partnership, Minim expands its consumer reach to the home
improvement retailing segment.
“Minim is eager for the opportunity to work with Summit Growth
Partners,” said Minim National Retail Sales Director Jeff Rodning.
“Given the growing popularity of networking devices in the home
improvement segment, we’re confident that our intelligent products
will deliver exceptional value to DIY customers around North
America.”
Summit Growth Partners has successfully placed products on
shelves at top-tier industry home improvement retail brands.
As part of their collaborative effort, Minim and Summit Growth
Partners will offer these brands top-of-the-line Motorola hardware
solutions in the mesh, cable modem, and gateway categories. These
hardware options include the Motorola MT8733, a powerful DOCSIS
3.1, WiFi 6 modem router combo; the Motorola MH7600 series, an
accessible and advanced WiFi 6 mesh system; and the Motorola
MG8725, one of the brand's highest performance cable modem router
combos. Motorola networking devices also feature the
motosync app, powered by Minim.
“There couldn’t be a better time for a company like Minim to
enter the DIY retailing segment, as we’ve witnessed a swift growth
of interest in consumer electronics from our partners,” said Summit
Growth President Will Kimmerle. “Minim’s best-in-class intelligent
networking products are sure to deliver on this growing
demand throughout the segment.”
Building on Minim’s recent partnership with USI Sales in the
office retail segment, the Company will begin extending Motorola
networking hardware to Summit Growth Partners’ retailer network in
the coming months. For additional information on Summit Growth
Partners, please visit www.summit-growth.com. For more information
about Minim, visit www.minim.com.
About Minim
Minim, Inc., (NASDAQ: MINM) was born in 1977 as a networking
company and now delivers intelligent software to protect and
improve the WiFi connections we depend on to work, learn, and live.
Minim’s cloud platform powers intuitive apps and a variety of
routers, helping customers take control of their connected
experience and privacy. Headquartered in Manchester, N.H., Minim
holds the exclusive global license to design and manufacture
consumer networking products under the Motorola brand. To learn
more, visit https://www.minim.com.
MOTOROLA and the Stylized M Logo are trademarks or registered
trademarks of Motorola Trademark Holdings, LLC and are used under
license.
About Summit Group
Summit Growth Partners know that off-the-shelf solutions to get
your product on the shelves at big box stores do not exist.
Instead, it takes experience, knowledge, persistence, and a network
of key relationships. That’s why we’re here. Summit Growth
Partners works directly with creators to move products from
development to shelf-quickly.
Our mission is to put manufacturers in a position to be
successful.
Media Contact:Scott Harvin at (843) 693-0298 or
scotth@minim.comInvestor Relations Contact:James Carbonara,
Hayden IR at (646) 755-7412 or james@haydenir.com
About Motorola Strategic Brand Partnerships
For over 90 years the Motorola brand has been known around the
world for high quality, innovative and trusted products. Motorola’s
Strategic Brand Partnership program seeks to leverage the power of
this iconic brand by teaming with dynamic companies who offer
unique, high-quality products that enrich consumers’ lives.
Strategic brand partners work closely with Motorola engineers while
developing and manufacturing their products, ensuring that their
products meet the exacting safety, quality, and reliability
standards that consumers have come to expect from Motorola. To
learn more about Motorola strategic brand partnerships, follow us
@ShopMotorola.
Forward-Looking Statements
This press release contains “forward-looking statements”, within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Such
forward-looking statements relate to Minim’s plans, expectations,
and intentions. Actual results may be materially different from
expectations as a result of known and unknown risks, including:
risks associated with Minim’s potential inability to realize
intended benefits of the acquisition by merger of Zoom
Connectivity, Inc.; the potential increase in tariffs on the
company's imports; potential supply interruptions from
manufacturing the company’s products in Vietnam; risks relating to
global semiconductor shortages; potential changes in NAFTA; the
potential need for additional funding which Minim may be unable to
obtain; declining demand for certain of Minim’s products; delays,
unanticipated costs, interruptions or other uncertainties
associated with Minim’s production and shipping; Minim’s reliance
on several key outsourcing partners; uncertainty of key customers’
plans and orders; risks relating to product certifications; Minim’s
dependence on key employees; uncertainty of new product
development, including certification and overall project delays,
budget overruns; the risk that newly introduced products may
contain undetected errors or defects or otherwise not perform as
anticipated; costs and senior management distractions due to patent
related matters; risks from a material weakness in our internal
control over financial reporting; the impact of the COVID-19
pandemic; and other risks set forth in Minim’s filings with the
Securities and Exchange Commission. Minim cautions readers not to
place undue reliance upon any such forward-looking statements,
which speak only as of the date made. Minim expressly disclaims any
obligation or undertaking to release publicly any updates or
revisions to any such statements to reflect any change in Minim’s
expectations or any change in events, conditions or circumstance on
which any such statement is based.
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