Binatone Acquires License Rights to Motorola Mobility’s Accessories to Scale Its Global Business

LOS ANGELES–(BUSINESS WIRE)–Binatone Global, a leading provider of IoT connected consumer
electronics and lifestyle products, has acquired exclusive license
rights to design, develop and market certain Motorola accessory products.

“We are excited to announce this next step in our growing partnership
with Motorola Mobility,” said Dino Lalvani, Chairman of Binatone.
“Accessories are an integral part of enhancing the consumer experience
in the mobile world, and Motorola has developed innovative technologies
in this space. We see interesting opportunities to bring our innovations
in IoT connectivity to this class of devices through our Hubble
Connected Platform.”

Binatone began its longstanding collaboration with Motorola Mobility in
2008, and is currently the official licensee for Motorola baby monitors,
home and pet monitors. This new agreement will add a range of consumer
mobile accessory products including mono and stereo Bluetooth headsets,
wireless speakers and car connectivity products to its portfolio of
licensed products.

“We are very pleased to expand our relationship with Binatone and are
looking forward to cooperating with them to expand the reach of these
innovative products worldwide,” said Kouji Kodera, Senior Vice President
of Product at Motorola.

As part of this exclusive licensing business model, Binatone will
design, manufacture and deliver this class of products to markets
worldwide under the Motorola brand. Motorola and Binatone teams are
working together to make this a seamless transition for both customers
and suppliers. Binatone will take over as the responsible party for
supplying existing and new Motorola branded accessories in these
categories worldwide from October 2015.

“Last year we put together a new strategic plan to transform and scale
our business to become the global leader in IoT connected ‘emotional
home,’” said Kanwar Chadha, Executive Chairman of Binatone.
“This transaction is an integral part of our overall strategy to
strengthen the company through both organic growth and acquisitions and
bring a rich portfolio of Hubble Connected devices to enhance consumer
experience.”

Hubble is Binatone’s IoT platform, with global coverage, that connects a
broad range of devices to cloud using multiple connectivity technologies
and provides end to end solutions and services to consumers.

For additional information or interview requests, please contact Kendal
Hurley at Kendal@ballantinespr.com or
310-454-3080.

About Binatone:
Binatone is a
leading provider of IoT connected innovative consumer electronics
and lifestyle products for a broad range of applications with focus on
“Emotional Home” including baby nursery, pet world and family
connectivity at home and on the move. Its products are sold under
world-leading brands such as Motorola, AEG, Binatone and iDECT. For over
56 years, Binatone maintains its position as a key player in
the consumer electronics industry by offering innovative products and
solutions.

For more information, visit www.binatoneglobal.com.

About Hubble:
Hubble Connected
Limited (‘Hubble’) is a global Internet of Things (IoT) Solutions and
Platform-as-a-Service (PaaS) provider. The Hubble platform
enables operators and service providers to enhance their offerings
and leading global original equipment manufacturers (OEM) to
deliver fully integrated connected propositions with rich applications
that include live video streaming, cloud recording and GPS tracking.
Hubble has an industry leading ability to offer affordable full global
cellular connectivity. As well as directly connecting a host of leading
global brands such as Motorola, Binatone, AEG, VTech and Beurer, Hubble
is a member of the AllSeen Alliance and Thread Group.

For more information, visit www.hubbleconnected.com.

Contacts

Ballantines PR
Kendal Hurley, 310-454-3080
Kendal@ballantinespr.com