Lagotek & Budget Blinds Enter Into New Distribution Agreement

* Reuters is not responsible for the content in this press release.

Tue Mar 24, 2009 10:00am EDT

Motorization of window coverings new focus of Lagotek, Budget Blinds
partnership

BELLEVUE, Wash., March 24 /PRNewswire/ -- Lagotek Corporation, a leading
provider of home automation technology systems, has entered into a
distribution agreement with Budget Blinds, an international retail franchisor
of window covering products.  Budget Blinds will market Lagotek's Home
Intelligence Platform that includes a sophisticated motorized window coverings
application, at its more than 1,000 franchise locations across the U.S. and
Canada.

Under the agreement, Budget Blinds franchisees will sell whole home control
systems in partnership with a Lagotek dealer. It is expected that all Budget
Blinds locations will promote and sell full featured Lagotek whole home
automation.

"Budget Blinds represents a tremendous opportunity to expand the market for
whole home automation systems, and motorized window coverings are the key to
new value and awareness that will increase market share," said Eugene Luskin,
CEO, Lagotek. 

"One trend that we're seeing is homes with added convenience features," said
Tracy Christman, director of vendor alliance, Budget Blinds. "Motorized
treatments allow homeowners to operate their window treatments with the push
of a button. With some systems, home owners can program their window
treatments to open and close throughout the day to improve energy efficiency
and enhance security."

Motorized window coverings will become an essential part of whole home
control, providing homeowners a variety of benefits ranging from energy
savings to security. Motorized window coverings provide lighting control
during daylight hours, security and privacy at any hour, and climate control
for both heating and cooling.  

"Here's an example of how this application functions.  A zoned Lagotek climate
control system can determine an unusual rise in temperature in one part of the
house on a hot day, and automatically lower the window coverings to help
regulate the temperature in that area, resulting in lower energy consumption
by reducing air conditioning usage," said Luskin.

"Lagotek adds an entire new product category that is directly tied to our core
business," said John Campbell, senior director of vendor alliance, Budget
Blinds. "In our view motorization is not about motors, it's about control. 
Lagotek provides the ultimate in control and is both powerful and cost
effective, giving our entire franchise network an opportunity to create new
revenue sources or expand those that they already have."

About Lagotek
Founded in 2005, Lagotek Corporation develops, markets, and supports home
automation technology systems based upon patent pending, and company-owned
intellectual property. Lagotek is employing a new software-based approach to
home automation solutions, which run on an open hardware platform.
Applications for this home technology include audio, climate control, security
systems, intercom systems, lighting, video monitoring, window coverings, IR
control, and irrigation systems.

About Budget Blinds
Based in Orange, California, Budget Blinds, Inc. was founded in 1992 and
currently boasts nearly 1,100 franchise territories serving nearly 4,000
cities throughout the United States and Canada. As consumer demand for its
quality, convenient services continues to grow, Budget Blinds is on its way to
dominating the multi-billion dollar window covering market.  In the past four
years, the company has more than doubled its size in terms of number of
franchisees, franchisee sales and franchise equity. Entrepreneur Magazine has
ranked Budget Blinds first in its category every year since 1996, and the
company was named to the Inc. 500 list in 2004 - 2006 and to the Inc. 5000 in
2007.  For more information on Budget Blinds please visit www.budgetblinds.com
or call 800-519-6298.
 



SOURCE  Lagotek Corporation

Lisa Brandli, Public Relations Manager of Lagotek, +1-425-653-1237,
lbrandli@lagotek.com; or Tracy Christman, Director of Vendor Alliance of
Budget Blinds, Inc., 1-800-718-5671, TracyChristman@aol.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.