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Core Brands Kicks Off 2014 With Electronic House Products of the Year Award for Panamax SP-1000 SmartPlug

PETALUMA, Calif. — Jan. 16, 2014 — Core Brands(R) announced today that the Panamax(R) SP-1000 SmartPlug has been honored with a 2014 Electronic House Products of the Year Award. Based on the criteria of creativity, innovation, functionality, aesthetics and lifestyle benefits to the consumer, the SP-1000 was selected as the winner in the “Energy Monitoring Devices & Services” category.

“2013 was a big year for Core Brands, with distinctive solutions such as the SP-1000 SmartPlug making a tremendous impact in the A/V and energy management markets by bringing the BlueBOLT platform’s benefits down to the individual outlet level,” said John Benz, director of power and accessories, Core Brands. “We’re proud to have this achievement honored by a prestigious award program, and excited that 2014 has started off with such a bang.”

The SP-1000 SmartPlug is a low-cost solution enabling remote energy monitoring, load control and scheduled conservation in a compact device that plugs directly into any standard outlet. It brings the power of the cloud-based BlueBOLT(R) energy management and control platform to the individual outlet level for use with small appliances anywhere in the home. The unit offers a true indicator of energy consumption, allowing consumers to make informed decisions regarding their energy use. Utilizing an intuitive Web interface, users can see energy consumption in dollars, set monthly energy usage budgets and alerts as well as schedule conservation commands to turn off electronics at the outlet and completely eliminate wasted energy.

Electronic House magazine’s Products of the Year Awards recognize the best technologies, products and services for the connected home. Winners were chosen by a panel of distinguished industry leaders, along with the editors of Electronic House and CE Pro.

PR Link: www.ingearpr.com/CoreBrands/140116CoreBrands.doc
Photo Link: www.ingearpr.com/BlueBOLT/BlueBOLT_SP-1000.jpg

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About Panamax(R)
Panamax(R) has been an international leader in providing award-winning, innovative power management products for more than 35 years. Its power and energy management products give audio/video systems the pure, noise-free power they need for superlative performance, providing longevity to the components connected while protecting them from damage caused by power surges and lightning. Panamax is available in all major electronic markets including home theater, professional audio and music, OEM and office equipment. Panamax/Furman’s cloud-based power and energy management platform, BlueBOLT(R), sets a new industry standard in ease of installation and use. The company is based in Petaluma, Calif., and sells through an international dealer network, distributors and in select retail outlets. More information is available at www.panamax.com.

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About BlueBOLT(R)
BlueBOLT(R) Remote Power, Energy and Network Management provides real-time, cloud-based control and monitoring of the energy used by electronic devices. Users can simply plug electronics into a BlueBOLT-enabled power management device to open up a new world of command and visibility of energy usage. From easy reboots of locked-up electronics to comprehensive energy tracking and scheduled conservation, BlueBOLT provides a unique combination of control and monitoring directly at the electronics’ power source. More information is available at www.mybluebolt.com.

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About Core Brands(R)
Headquartered in Petaluma, CA, Core Brands(R) is a division of the Nortek Technology Solutions Segment. Core Brands combines the product and marketing strengths of iconic audio, power management and control brands into a single business unit that includes the ATON(R), BlueBOLT(R), ELAN(R), Furman(R), Korus(TM), Niles(R), Panamax(R), Proficient(R), SpeakerCraft(R), Sunfire(R) and Xantech(R) brands. Core Brands has more than 190 years of combined experience in the residential, commercial and professional markets, and more than 4,300 direct customer accounts in multiple distribution channels in the United States and around the world. Visit www.corebrands.com for more information.

Core Brands is a subsidiary of Nortek Inc. (NASDAQ: NTK), a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. Please visit www.nortekinc.com for more information.

All trademarks appearing herein are the property of their respective owners.

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