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Vivint Creates Vivint Innovation Center

Vivint, the largest home automation services company in North America, today announced the creation of the Vivint Innovation Center. The Center, and the employees located there, will focus efforts on building the next generation of products and technology for the company. All technologies developed will be vertically integrated into the company’s solutions in home automation, energy management, home security and solar energy.

The Vivint Innovation Center, located in Lehi, Utah, is comprised of approximately 50 hardware, software and radio engineers, industrial designers and user experience professionals. The Center is led by Matt Eyring, chief strategy and innovation officer; J.T. Hwang, chief technology officer; Jim Nye, vice president of product development; and Jeremy Warren, vice president of innovation. Warren joins Vivint from 2GIG Technologies, where he served as chief technology officer.

“The ability to develop innovative products and services that offer tremendous value for customers is an instrumental component of our plans for future growth,” said Alex Dunn, president of Vivint. “At the Vivint Innovation Center, we will be engaged in expanding upon our existing platform as well as pursuing new market opportunities in the home, in the workplace, and beyond.”

The Center is already home to more than 50 product and software engineers that Vivint has hired over the past couple of months. In line with expected growth, the Center plans to add up to 100 more jobs within the next two years.

About Vivint

Vivint is a leading provider of home technology services. Vivint services are delivered through a technology-based platform that integrates a wide range of wireless features and components to provide simple, affordable home security, energy management, home automation, and solar solutions. Our vision is to connect customers to the things that matter most—their homes, families, health, cars, and businesses. In 2011, Vivint's Home Automation package and Advanced Security package received a Consumers Digest "Best Buy" rating. Vivint also received the 2012 CSAA Central Station of the Year award for overall excellence in monitoring, training, and quality relationships with customers. Dedicated to protecting families, increasing energy efficiency, and simplifying lives, Vivint has over 13 years of experience and supports more than 700,000 customers throughout the United States and Canada. For more information, visit the company’s website at www.vivint.com.

Forward-Looking Statements

This press release contains forward-looking statements. These statements are based on the beliefs and assumptions of our management. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or similar expressions. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of this date hereof. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. We undertake no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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