STOCK TITAN

MASONITE UNVEILS M-Pwr™ SMART DOORS

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Masonite International Corporation (NYSE: DOOR) has unveiled the Masonite M-PwrTM Smart Doors, the first residential exterior doors integrating power, lights, a video doorbell, and a smart lock. This innovative door system connects to a home's electrical and wireless networks and features a backup battery lasting up to 24 hours during outages. Developed in collaboration with Ring and Yale Home, the doors are currently available through Barringer Homes in Charlotte, North Carolina. Masonite aims to enhance homeowner convenience and security through this technology.

Positive
  • Introduction of Masonite M-Pwr Smart Doors as a technological innovation.
  • Integration with well-known brands like Ring and Yale to enhance technology offerings.
  • Emergency backup battery supports up to 24 hours of system power during outages.
  • Expected partnerships with additional builders to expand product availability.
Negative
  • None.

TAMPA, Fla., Jan. 4th, 2022 /PRNewswire/ -- Masonite International Corporation (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors, today revealed Masonite M-PwrTM Smart Doors, the first residential exterior doors to integrate power, lights, a video doorbell and a smart lock into the door system.

"The debut of Masonite M-PwrTM Smart Doors is a milestone event in that we believe it will fundamentally change homeowners' expectations of their exterior doors," said Howard Heckes, President and CEO. "The revolutionary technology of these doors provides families with the peace of mind that they are always connected and always protected."

Masonite M-PwrTM Smart Doors employ patent-pending, Underwriters Laboratories (UL) certified technology to connect residential exterior doors to a home's electrical system and wireless internet network. To ensure that the doors are "always on" in the event of a power outage, an emergency backup battery can sustain system power up to 24 hours when fully charged. The Masonite M-PwrTM smartphone app enables homeowners to remotely program and control motion-activated LED welcome lighting as well as confirm whether the door is open or closed at any time.

As a result of previously announced collaborations with Ring and Yale Home, Masonite has integrated best-in-class technology into the first edition of M-PwrTM Smart Doors. The fully integrated Ring Video Doorbells and Yale smart locks do not require individual device batteries.

Masonite M-PwrTM Smart Doors are currently offered in new home construction by Barringer Homes in the Plaza Midwood neighborhood of Charlotte, North Carolina, with additional builder partner announcements expected this year.

"We're proud to work with Barringer Homes to bring families a level of connected convenience they've never previously experienced with their doors," said Cory Sorice, Chief Innovation Officer, Masonite. "Masonite M-Pwr Smart Doors will enhance the lives of homeowners in a very tangible way. They are proof positive of our vision of Doors That Do More."

"As a high-end homebuilder, we always look for the latest technology that will add value for our customers," said Adam Danneman, President, Barringer Homes. "Masonite M-Pwr Smart Doors integrate all of the features homeowners need to stay connected to their homes while offering the aesthetic qualities they want to complement any style."

The intelligent design of Masonite M-PwrTM Smart Doors is incorporated into premium fiberglass doors that are available in a variety of styles, colors and finishes, including multiple glass options.

For more information, or to submit a collaboration request, visit MPwrSmartDoors.com.

ABOUT MASONITE

Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves approximately 7,600 customers in 60 countries. Additional information about Masonite can be found at masonite.com.

ABOUT RING

Since its founding in 2013, Ring has been on a mission to make neighborhoods safer, together for everyone. From the first-ever Video Doorbell, to the award-winning DIY Ring Alarm system, Ring's smart home security product line, as well as the Neighbors app, offer users affordable whole-home and neighborhood security. At Ring, we are committed to making security accessible and convenient for everyone—while working hard to bring communities together. Ring is an Amazon company. For more information, visit www.ring.com. With Ring, you're always home.

ABOUT YALE

At 180 years strong, 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, safes and smart locks for front doors, interior doors, cabinets, package deliveries and more. Yale is part of the ASSA ABLOY Group, the global leader in access solutions. Every day, we help billions of people experience a more open world. For more information, visit US.yalehome.com.

ABOUT BARRINGER HOMES

Founded in 2018, Barringer Homes is a luxury home builder based in Charlotte, NC. For more information, visit barringer-homes.com

Media Contacts:
Masonite:
Lori Conrad
mediainquiry@masonite.com
813.739.1828

Ring:
media@ring.com

Yale:
yale@praytellagency.com

Barringer Homes:
Andi Zage
andi@barringer-homes.com

Investor Contact:

Richard Leland
VP, FINANCE AND TREASURER, MASONITE
rleland@masonite.com
813.739.1808

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/masonite-unveils-m-pwr-smart-doors-301453126.html

SOURCE Masonite International Corporation

FAQ

What are Masonite M-Pwr Smart Doors?

Masonite M-Pwr Smart Doors are the first residential exterior doors that integrate power, lighting, a video doorbell, and a smart lock into the door system.

When were Masonite M-Pwr Smart Doors announced?

Masonite M-Pwr Smart Doors were announced on January 4, 2022.

How do Masonite M-Pwr Smart Doors work during power outages?

They feature an emergency backup battery that can sustain system power for up to 24 hours when fully charged.

Where can I purchase Masonite M-Pwr Smart Doors?

Currently, Masonite M-Pwr Smart Doors are available in new home construction by Barringer Homes in Charlotte, North Carolina.

What companies collaborated on the Masonite M-Pwr Smart Doors?

Masonite collaborated with Ring and Yale Home to integrate their technologies into the M-Pwr Smart Doors.

MASONITE INTERNATIONAL CORP

NYSE:DOOR

DOOR Rankings

DOOR Latest News

DOOR Stock Data

2.92B
21.98M
1.63%
99.35%
3.3%
Building Products & Equipment
Millwood, Veneer, Plywood, & Structural Wood Members
Link
United States of America
TAMPA