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Alarm.com Wins Multiple SSI 2020 MVP Awards

March 31, 2020

TYSONS, Va. (March 31, 2020) – Alarm.com (Nasdaq: ALRM), has earned three 2020 Most Valuable Product Awards from Security Sales & Integration for its On-Site Wrap Up feature and the new Smart Water Valve+Meter device. On-Site Wrap Up, an Alarm.com MobileTech feature that helps technicians keep track of and record the growing number of tasks they are required to complete, won in the Installation Aid category. The Alarm.com Smart Water Valve+Meter, which redefines water management in smart homes and businesses, was selected in both the Fire/Life Safety and Miscellaneous Security Products categories.

“Our team works tirelessly to create innovative products and resources that help our partners provide an unparalleled user experience and enhance customer satisfaction,” said Alarm.com Chief Product Officer Dan Kerzner. “We are grateful for SSI’s recognition of the value and positive impact they see our On-Site Wrap Up feature and new Smart Water Valve+Meter having on the industry.”

Designed and developed by Building36, a subsidiary of Alarm.com, the Smart Water Valve+Meter helps plumbers and HVAC technicians address one of the top causes of property loss around the world - water damage. By detecting leaks of all sizes, the combined water meter and shutoff valve uses cutting-edge technology to help safeguard properties from costly leak repairs and steep water bills. As part of the Alarm.com ecosystem, the device intelligently responds to problems by leveraging critical system and occupancy data to help provide whole home and business protection.

On-Site Wrap Up empowers security providers who want a set of standard actions completed during customer visits. Combining auto-validated actions from the system and customized actions to fit the operations of the business, On-Site Wrap Up helps Alarm.com partners ensure that their field technicians deliver consistent, high-quality service that reduces support costs and customer attrition.

“On-Site Wrap Up really helps us give the best experience to the customer,” said Joe Farenden, operations manager at Hi-Tech System Associates. “Knowing that every aspect is being checked off, every install is being done the same and everything's being discussed with the customer has really shown us that the quality is the same across the board. We're not skipping on anything and we're not missing anything. Every aspect of the install is being discussed with the customer.”

The Smart Water Valve+Meter will be available to partners in Spring 2020. On-Site Wrap Up is available in the MobileTech app and on the Partner Portal for Alarm.com and PointCentral technicians and service managers.

Visit Alarm.com to learn more about the products and solutions offered exclusively through a global network of professional service providers.

About Alarm.com

Alarm.com is the leading platform for the intelligently connected property. Millions of consumers and businesses depend on Alarm.com's technology to manage and control their property from anywhere. Our platform integrates with a growing variety of Internet of Things (IoT) devices through our apps and interfaces. Our security, video, access control, intelligent automation, energy management, and wellness solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on Nasdaq under the ticker symbol ALRM. For more information, please visit www.alarm.com.

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