Trane Technologies Showcases Industry-Leading Residential Heating and Cooling Connectivity at Consumer Electronics Show
SWORDS, Ireland--(BUSINESS WIRE)--Jan 5, 2023--
Trane Technologies (NYSE: TT), a global climate innovator, will join the Home Connectivity Alliance (HCA) January 5-8 at the Consumer Electronics Show in Las Vegas, NV to demonstrate mobile interactivity of its sustainable, energy-efficient Trane® and American Standard® Heating and Air Conditioning solutions with other smart home appliances and devices. Trane Home and American Standard Home are the first digital solutions in the HVAC industry to seamlessly integrate a home’s HVAC system with other smart home systems and appliances from 15 leading home solutions’ brands.
“Imagine a scenario in which your home’s HVAC system and appliances learn your family’s lifestyle patterns and automatically adjust their settings to maximize comfort, reduce energy consumption and deliver the ideal smart home experience,” said Jason Bingham, president of Trane Technologies’ Residential HVAC business. “Through an integrated mobile experience and partnerships with other brands, we are putting the homeowner first, and enabling a more sustainable future.”
As a founding member of the HCA, Trane Technologies has worked with other collaborators to launch the HCA Interface Specification 1.0, an industry standard for making smart homes more accessible and energy efficient for the consumer without compromising user experience or personal data. The industry specification also paves the way for connected home energy management, including data and insights to help consumers optimize energy usage and efficiency and achieve cost savings.
In December, Trane Technologies also launched Trane Link and American Standard Link – new, cutting-edge technology that enables more efficient home HVAC service calls through real-time data. Homeowners can elect to have their system remotely share configuration and performance data with their HVAC technician, for simplified installation, commissioning, monitoring and servicing of variable speed HVAC systems.
Look for Trane and American Standard solutions at the Home Connectivity Alliance’s C2C interoperability demonstration at the Consumer Electronics Show, Booth 52739.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit www.tranetechnologies.com.
This news release includes “forward-looking statements” which are statements that are not historical facts, including statements that relate to Trane Home and American Standard Home, and Trane Link and American Standard Link. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Such factors include, but are not limited to, our future financial performance and targets, including revenue, EPS and operating income; our business operations; demand for our products and services, including bookings and backlog; capital deployment, including the amount and timing of our dividends, our share repurchase program, including the amount of shares to be repurchased and the timing of such repurchases, and our capital allocation strategy, including acquisitions, if any; our projected free cash flow and usage of such cash; our available liquidity; performance of the markets in which we operate; restructuring activity and cost savings associated with such activity; and our effective tax rate. Additional factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2021, as well as our subsequent reports on Form 10-Q and other SEC filings. We assume no obligation to update these forward-looking statements.
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SOURCE: Trane Technologies
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PUB: 01/05/2023 09:00 AM/DISC: 01/05/2023 09:02 AM