ASSA ABLOY Commits to New “Matter” Connectivity Standard Truly Smart, Seamless Experiences in the Home Will Soon Be a Reality NEW HAVEN, CT – May 11th, 2021 – Today, global access leader ASSA ABLOY announced its support of Matter, previously called Project CHIP (Connected Home over IP), the new IOT App standard available to developers in Q2 2021. Matter aims to introduce a new standard of connectivity that will ultimately increase interoperability between various IoT devices, brands and systems. ASSA ABLOY will support the rollout of Matter across development, engineering and deployment. “As a global leader in smart door locks and member of the Connectivity Standards Alliance (previously known as the Zigbee Alliance) Board, we embrace initiatives which lower barriers to interoperability with our partners,” said Martin Huddart, Head of Smart Residential, ASSA ABLOY. “Consumers and professional channels alike are seeking simpler ways to build the modern smart home, and we look forward to providing those solutions by working with our partners at the Connectivity Standards Alliance and related groups to bring meaningful standards like Matter to life.” ASSA ABLOY, through the Yale brand has plans to develop smart locks based on the Matter standard and in doing so, will play a critical role in removing the final barriers towards truly seamless IoT experiences for customers. These new solutions will make smart, sustainable living solutions more accessible to all. For more information, see the Matter release HERE. About ASSA ABLOY The ASSA ABLOY Group is the global leader in access solutions, we have leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY's innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world. Yale is a leading security brand that protects the people, places and things we love most. It secures millions of homes and businesses worldwide with its innovative mechanical locks, alarms, safes and smart locks for doors, cabinets, package deliveries and more. Yale is part of the ASSA ABLOY Group. For more information, visit www.assaabloy.com and www.yalehome.com.