Minim Adds These Five New Retailers To Its Business Footprint In The United States, Including Amazon, Best Buy, Staples, Walmart And More
MANCHESTER, NH, August 03, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – Minim, Inc. (NASDAQ: MINM), the creator of intelligent networking products under the globally recognized Motorola brand, today announced a significant expansion of its business footprint in the United States. Starting today and throughout the summer, Motorola’s home networking products are launching in Home Shopping Network (HSN), The Home Depot, Lowe’s, Sam’s Club, and BJ’s Wholesale Club.
These other leading retailers are joining Amazon, Best Buy, B&H, Micro Center, Newegg, Staples, Target and Walmart to offer advanced Motorola home networking products.
“The company’s expansion to new channels almost six months after the completion of a major merger transaction is impressive, and the company is finding a ready market for its smart and secure grid solutions,” said Jennifer. Kent, vice president of research at industry analyst firm Parks Associates. “The increased demand on home networks from new models of work, school and entertainment illustrates the limitations of existing equipment, and consumers are now in the market to upgrade their networks. ”
A Parks Associates survey of purchase intentions for routers and home network extensions identified double the demand for the 2019 pre-pandemic.
Products will be available at new U.S. retailers on a rolling schedule:
- HSN: All products are available now.
- Home Depot: The Motorola MB7621, MB7420, MG7550 are available now.
- Sam’s Club: Motorola MB7420, MB7621, MB8600, MG7540, MG7700 are available now.
- Lowe’s and BJ’s Wholesale Club: All products will be available this summer.
“Minim-powered smart grid products represent a new standard of performance and price for this fundamental class of technology,” said Trevor May, vice president, purchasing and supplier management at D&H Distributing, Minim’s distribution partner. for several retailers. “We look forward to bringing these revolutionary products to our retail and reseller partners, with end-to-end solutions for consumers, SMEs, the higher education market and a range of other verticals. ”
“Motorola strives to keep everyone connected,” said Dave Carroll, executive director of strategic brand partnerships for Motorola. “With this retail expansion, we are excited to provide consumers with innovative new home networking products for working and playing from home. ”
For more information on Motorola home connectivity, visit https://www.motorola.com/us/modems-routers.
About the minimum
Minim, Inc. (NASDAQ: MINM) is the creator of smart networking products that reliably connect people to the information they need and the people they love. Headquartered in Manchester, New Hampshire, the company offers software-driven intelligent communications products under the globally recognized Motorola brand and the ZOOM® trademark. Minim end users enjoy a personalized and secure WiFi experience, leading to happy and safe homes where things work. 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 Motorola’s Strategic Brand Partnerships
For over 90 years, the Motorola brand has been known around the world for its high quality, innovative and reliable products. Motorola’s Strategic Brand Partnership Program seeks to harness the power of this iconic brand by partnering with dynamic companies that deliver unique, high-quality products that enrich consumers’ lives. The brand’s strategic partners work closely with Motorola engineers during the development and manufacture of their products, ensuring that their products meet the rigorous standards of safety, quality and reliability that consumers expect from Motorola. To learn more about strategic partnerships with Motorola brands, follow us @ShopMotorola.
Michele Clarke at (203) 912-0560 or [email protected]
Investor Relations Contact:
James Carbonara, Hayden IR at (646) 755-7412 or [email protected]
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to Minim’s plans, expectations and intentions. Actual results may differ materially from expectations due to known and unknown risks, including: risks associated with the potential inability of Minim to realize the expected benefits of the merger; the potential increase in tariffs on the company’s imports; potential difficulties and supply disruptions associated with moving the manufacturing of most of the company’s products to Vietnam; risks associated with global semiconductor shortages; potential changes in NAFTA; the potential need for additional financing that Minim may not be able to secure; declining demand for some of Minim’s products; delays, unforeseen costs, interruptions or other uncertainties associated with the production and shipping of Minim; Minim’s dependence on several key outsourcing partners; the uncertainty of plans and orders from key customers; risks associated with 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 contain errors or defects that go undetected or do not perform as intended; the costs and distractions of senior management due to patent issues; the risks of a material weakness in our internal control over financial reporting; the impact of the COVID-19 pandemic; and other risks set out in documents filed by Minim with the Securities and Exchange Commission. Minim cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of their publication. Minim expressly disclaims any obligation or commitment to publicly post any update or revision to these statements to reflect any change in Minim’s expectations or any change in the events, conditions or circumstances upon which such statement is based.