Mindteck Collaborating on Wi-Fi Thermostat for Smart HVAC Control

Mindteck Collaborating on Wi-Fi Thermostat for Smart HVAC Control Iconic product to be redesigned for IoT-based cloud connectivity for a Fortune 100 company

Bengaluru, India – March 09, 2016: Mindteck, a global technology company listed on the Bombay Stock Exchange (BSE 517344), today announced that it is collaborating on the design and development of a state-of-art Wi-Fi Thermostat for heating, ventilating and air conditioning (HVAC) control with a global diversified technology and industrial leader.

The thermostat will have the latest technologies, including a touch screen user interface, Wi-Fi-based wireless control, remote upgradability, proximity detection and scheduling, and cloud connectivity. This will enable multiple users to operate the product using Wi-Fi and Wi-Fi direct via any mobile device with Android, iOS and Windows platforms; web application for PCs and laptops are also supported. This is part of the Internet of Things paradigm and supports data reporting and cloud control. The design technology enables access-from-anywhere thermostat and enhanced user experience.

Yusuf Lanewala, Mindteck Chairman and Managing Director, commented, “We are very excited about this collaboration, particularly since we are bringing new life to a century-old product. Our IoT expertise, together with our expert design team, will ensure a very suitable and robust product for the era at hand.”

About Mindteck (India) Limited

Mindteck, a global technology company, provides Product Engineering solutions and Information Technology services to top-tier Fortune 50-1,000 companies, start-ups, leading universities and government entities worldwide. Its depth of knowledge and niche expertise in embedded systems and enterprise applications is complemented by dedicated Centers of Excellence in wireless design and storage testing. Mindteck has offices in the US, UK, Singapore, Malaysia, Netherlands, Germany, Bahrain and India, and four development centers: one each in the US and Singapore, and two in India (Kolkata and Bangalore). The company is listed on the Bombay Stock Exchange (BSE 517344) and is among a select group of global companies appraised at

Maturity Level 5, Version 1.3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI). It is also a Founding

Member of ‘The Atlas online’ – an interactive tool that provides visualizations of growth opportunities for over one hundred countries worldwide – for the Center for International Development (CID) at Harvard University.

For more information, please contact balika.hegde@mindteck.com