Minim Reaches 100,000 Active Minim Intelligent Networks (MINs)
24 Août 2022 - 2:30PM
via NewMediaWire -- Minim, Inc. (NASDAQ: MINM), the
creator of intelligent networking products under the Motorola
brand, today announces the achievement of a new milestone as the
company’s cloud-managed solution,
the
motosync app powered by Minim, is now
active on over 100,000 Minim Intelligent Networks (MINs)1. A trio
of recent network enhancements to the software, including freemium
access for Motorola modem customers, has fueled the sustained
growth and activation of MINs. Reaching this goal ahead of schedule
marks a major step in the company’s software-first strategy.
Sustaining 100,000 active MINs signals a major
milestone in the company’s strategy to become a leading force in
network management software. The active networks running the
company’s software serve as a proof point that
the motosync app powered by Minim resonates
with its user base by providing an approachable, intuitive
interface that helps them do more and live better with
connectivity.
“I’m incredibly proud of the Minim team for
reaching this ambitious goal ahead of schedule,” said Minim Chief
Executive Officer Mehul Patel. “Our mission at Minim has always
been to help people do more and live better with connectivity - we
are thrilled that over 100,000 MINs around the world are enabling
our customers to achieve this.”
This achievement follows recent software updates
now available to motosync app users,
including personalized WiFi Optimization for their environment,
cutting-edge WPA3 encryption and freemium app access that offers
onboarding and live support for Motorola modem devices.
PERSONALIZED WIFI
OPTIMIZATIONThe motosync app now
enables users to choose settings that optimize their connection
based on the size of their dwelling and the number of neighboring
networks. The new WiFi Optimization tool automatically adjusts
users’ channel widths for peak network performance based on three
pre-set selections:
- Single
Occupant Home / Office - Designed for users in large
dwellings and little to no neighboring connections
-
Townhome / Small Office Building - Designed
for users in smaller dwellings and a few neighboring
connections
-
Apartment / Large Office Building - Designed
for users in multi-unit dwellings and several neighboring
connections
WPA3 ENCRYPTIONThe recent updates
also enable users to activate WPA3 Encryption, providing more
secure password and data encryption and enhanced protection against
cyberattacks. Enabling this advanced security setting not only
provides stronger cybersecurity, but also expedites the onboarding
of smart home devices to WiFi networks by allowing users to simply
scan a QR code. Currently available for Motorola MH7600, Q11 and
Q14 users, access to WPA3 Encryption for further Motorola
intelligent networking devices will roll out at a later
date.
MODEM SUPPORT GUIDE AND LIVE
CHATFinally, Motorola modem customers now have freemium
access to use the motosync app for device
onboarding, in-app chat support and in-app shopping. Designed to
streamline the networking process for cable modem users, the Modem
Support Guide enables app users to set up their device through
Minim’s patented onboarding process. By simply scanning the QR code
underneath their Motorola intelligent networking device, the
details of their Motorola cable modem will automatically be
uploaded to the app. Modem customers can also seek assistance
within motosync through in-app chat support,
connecting them to a networking specialist in under one minute.
Additional access to the Motorola Network shop within the app
offers a convenient way for Motorola modem customers to shop for
their next network upgrade.
“We are so excited to expand access to
the motosync app to Motorola modem
customers,” said Minim Vice President of Software Engineering
Lakshmi Kadiyala. “Our top priority at Minim is to provide our user
base with frequently updated software that offers an intuitive
experience while protecting their personal networks; these updates
reflect our commitment to that mission.”
The updates to the motosync
app, powered by Minim have already been distributed to Motorola
intelligent networking device customers. For more information about
Minim and its software solutions,
visit www.minim.com.
[1]A Minim Intelligent Network is any network that
is actively managed by Minim software, such as the Minim
and motosync mobile apps.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.
Media Contact: Scott Harvin
at (843)693-0298 or scotth@minim.com
Investor 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 StatementsThis
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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