[January 11, 2021]

PassiveBolt Inc Named as CES 2021 Innovation Awards Honoree

PassiveBolt Inc today announced that it has been named a CES (News - Alert)® 2021 Innovation Awards Honoree for its new generation Shepherd Lock product. The announcement was made ahead of the first-ever, all-digital CES 2021, the world's most influential technology event, happening Jan. 11-14, 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210111005026/en/

Shepherd Lock Gen2 is the first ever smart lock that combines facial recognition and touch for entry. (Photo: Business Wire)

The CES Innovation Awards program, owned and produced by the Consumer Technology Association (CTA)®, is an annual competition honoring outstanding design and engineering in consumer technology products across 28 product categories. An elite panel of industry expert judges, including members of the media, designers, engineers and more, reviewed submissions based on innovation, engineering and functionality, aesthetic and design.

Shepherd Lock Gen2 keyless entry technology provides access control based on touch and facial recognition. It allows you to lock and unlock your home with a simple touch. Designed with both safety and convenience as a top priority, Shepherd Lock Gen2 is the first ever retrofit door lock that uses touch sensing and facial recognition to grant access.

"We are thrilled to win this highly prestigious award two years in a row," said Kabir Maiga, Co-Founder. "This validates our team's innovative thinking and the quality of our designs; thank you to the CTA for this recognition."

PassiveBolt strategically collaborates with ams for the development of the face authentication technology in Shepherd Lock Gen2. "We are excited about our partnership with PassiveBolt. Today, keys, badges or smartphones provide access to buildings. Tomorrow, with secure 3D face authentication implementation, you are the key. PassiveBolt´s innovative product combines high security access control with a convenient user experience packaged in a well-designed product. The industry recognition is well deserved," says Joerg Wertli, Senior Marketing Manager at ams.

About PassiveBolt:

PassiveBolt is driving adoption of smart access products by offering its technology direct-to-consumers with the Shepherd brand. PassiveBolt also offers white label solutions to businesses, such as home automation companies, security dealers, MDUs, builders, and other companies looking to commercialize their own branded smart access products, including cloud services. This approach allows PassiveBolt partners to resell their own branded smart locks while commanding higher margins, without the cost of in-house development. For more information visit www.passivebolt.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210111005026/en/

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