Universal Electronics Wins Three Red Dot Design Awards

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SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in universal wireless control solutions for home entertainment and smart home devices, has received three Red Dot awards. The Red Dot Award is one of the most prestigious international design awards. UEI won in the Product Design category and was recognized for its new smart thermostat, its latest universal TV mount and the innovative Smart Streamer remote control.

the UEI TIDE Smart Thermostat is a white label home air conditioning control with an interface centered around a large color display that is intuitively navigated using a precision dial.

Its minimalist design and intuitive interface make the product easy to install, use and maintain. It’s also a smart home hub, interoperable with a variety of digital assistants like Alexa and Google. It includes a suite of sensors that provide information on occupancy, humidity, temperature, door or window openings. The product is designed with built-in self-help capabilities through a virtual assistant available on the device screen and on a smartphone app. The product is expected to be available in fall 2022.

the Quadpod Universal TV Stand is a unique living room furniture made from eco-friendly materials like wood, aluminum and fabric to give the stand a distinctive character that fits the interior of the house. The simple design makes the mounting process seamless and offers a rotating function for watching TV from any angle in the room. The product design provides space to mount additional devices on the TV and easily connects to a soundbar, game console or other streaming devices. The product ships under the leading ONE FOR ALL brand and is expected to be available in the US and Europe in summer 2022.

the Smart Broadcast Remote is for users who want simplified control and watch videos on traditional TV set-top boxes as well as streaming devices. The keyboard features dynamic backlit keys that display the number key path when watching live TV. This intuitive feature minimizes key clutter and does not compromise functionality. Additionally, it offers three programmable application keys that can be customized by connecting the remote to a smartphone. With online streaming apps such as Netflix, Hulu, or HBO, the user connects to the correct hotkeys to the established remote for continued use. This ONE FOR ALL product is expected to be available in the United States in summer 2022 and in Europe in fall 2022.

All three products were designed by UEI’s leading Designovation team, which creates innovative product designs that combine deep user insights with great aesthetics and inherent durability. “Winning three Red Dot Awards in one year is a clear testament to the talent we have in our team of dedicated and innovative designers,” said Rex Xu, Director of Design and User Experience at UEI, who leads the global design team. Designovation from their California design studio. .

In recent years, UEI has received several Red Dot Awards for a range of products ranging from remote controls to audio-video accessories. This year, the Design team extended its success to the smart thermostat category. The Red Dot is recognized internationally as one of the most sought after quality marks for exceptional design with annual competitions for product design, brands and communication and design concept. Entries for the Red Dot Award are evaluated by a jury made up of freelance designers, design professors and journalists.

All three products and the ONE FOR ALL brand are registered trademarks of Universal Electronics Inc. All trademarks appearing herein are the property of their respective owners.

About Universal Electronics Inc.

Universal Electronics Inc. (NASDAQ: UEIC), the worldwide leader in wireless universal control solutions for home entertainment and smart home devices, designs, develops, manufactures, ships and supports hardware and software solutions for control and of sensor technology. UEI partners with many Fortune 500 customers including Comcast, Vivint Smart Home, Samsung, LG, Sony and Daikin to serve video, telecommunications, security services, TV, smart home and systems manufacturers HVAC. For more than 35 years, UEI has been at the forefront of breakthrough innovations like voice control and cloud-based QuickSet, the world’s leading platform for automated home device setup and control. For more information, visit www.uei.com.

SAFETY STATEMENT

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and phrases reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, delivery and market acceptance of the products and technologies identified in this release; and other factors described in UEI’s filings with the Securities and Exchange Commission. Actual results obtained by UEI may differ materially from any forward-looking statements due to such risks and uncertainties. UEI assumes no obligation to revise or update any forward-looking statements to reflect events or circumstances that may occur after the date of this release.

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