Siemens Joins HomeSphere

    DENVER, CO, April 19, 2010 /24-7PressRelease/ -- Siemens Industry, Inc. Building Technologies Division and Lakewood-based HomeSphere announced today that they have entered into a joint agreement to offer residential electrical products to HomeSphere's network of builders, using HomeSphere's technology-leveraged services.

Siemens Low-Voltage Business Unit joins more than 70 other manufacturers currently using HomeSphere's BRI Program to manage rebates for homebuilders and, in turn, grow their market share through increased homebuilder sales. In return, builders gain access to cost savings on Siemens' complete line of residential electrical products, including load centers, metering solutions and AC disconnects, circuit breakers, generators, surge protection and home automation solutions.

"The BRI partnership provides a powerful tool to further extend our national manufacturing and distribution network," said Jack Grant, National Builder Program Manager for Siemens. "This partnership allows builders to leverage their purchases while creating demand that is beneficial to us as a manufacturer."

BRI is a unique Web-based service serving the residential construction industry. Manufacturers use the BRI application to open up sales channels that include thousands of homebuilders and remodeling contractors, gaining inroads to new accounts and building recognition for their products and services. Builders, on the other hand, gain product knowledge and manage their cash-producing rebates, helping them to improve their bottom line.

Siemens products are geared toward making builders more competitive in an increasingly challenging construction market. The company's designs save time and money during installation and maintenance, and its products offer home and building owners the highest level of electrical safety. Quality and reliability means fewer callbacks, a major benefit for any homebuilder. Siemens will soon have an additional tool for building brand awareness among remodeling contractors through HomeSphere's BestContractors platform.

"BRI is a powerful marketing tool," said Chris Toth, HomeSphere's Vice President of Sales. "Particularly during trying times for the residential building industry, our customers and clients build sales and marketing channels that position their brand solidly for the future."

About HomeSphere
Colorado-based HomeSphere offers sales effectiveness tools and supply chain services that combine Web-based technology, market intelligence and relationships to increase profitability for trading partners throughout the construction supply chain. More than 1,300 homebuilders and over 70 brands use HomeSphere's Web portal to connect, collect and compete, while remodeling and repair professionals gain market share and attract consumers. Please visit HomeSphere at www.homesphere.com for more information.

About Siemens Building Technologies
A division of Siemens Industry, Inc. (SII), Building Technologies (BT) Division is a leading provider of energy and environmental solutions, building controls, electrical distribution equipment, fire safety and security systems solutions. BT's solutions enable America's buildings to be more comfortable, secure and environmentally friendly as well as less costly to operate. With a U.S. headquarters in Buffalo Grove, Ill., BT employs 7,400 people and provides a full range of services and solutions from more than 100 locations coast-to-coast. Worldwide, the company has 28,000 employees and operates from more than 500 locations in 51 countries. The Building Technologies Division posted worldwide revenues of $8.1 billion in fiscal 2009. www.usa.siemens.com/buildingtechnologies

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