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Minim Awarded First of Two Patents Fundamental to Intelligent WiFi

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Minim, Inc. (NASDAQ: MINM) recently announced the award of a patent for a cloud-driven approach to mesh network setup. This simplifies the onboarding process for connected devices in smart homes, enhancing user experience and reducing costs. The average U.S. household has 25 connected devices, highlighting the need for efficient management. Additionally, a pending patent aims to enhance device security through behavior analysis and anomaly detection. These innovations aim to improve connectivity and security in homes while minimizing complexity for users.

Positive
  • Awarded a patent for a software-driven approach to mesh network setup, enhancing user experience.
  • Pending patent for device behavior analysis to improve security and threat detection.
  • Addresses connectivity issues reported by over 40% of U.S. broadband households.
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  • None.

Intellectual property covers cloud-driven methods to detect, identify, register, monitor, and secure all connected devices in the smart home

MANCHESTER, NH, July 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ: MINM), the creator of innovative networking products under the globally-recognized Motorola brand, today announced the award of its patent for a software-driven approach to mesh network setup that’s easy, reliable, and standard across several hardware brands and models. A second pending patent defines a way to identify and secure connected devices without compromising privacy via Deep Packet Inspection (DPI). Both are cloud-native approaches to WiFi management and security and come as the average U.S. household now has 25 connected devices, according to a new Deloitte connectivity survey.

Network setup is traditionally a frustrating activity. According to industry analyst Parks Associates, more than 40% of U.S. broadband households with WiFi networks report problems, with a top five reason being “difficulty getting devices to connect to each other using WiFi.” In attempt to simplify mesh network setup (“onboarding”), device manufacturers have relied on a Bluetooth radio, adding cost to the product that’s passed onto the consumer, or WPS, an error-prone manual button.

Minim’s patented approach completes device onboarding using solely the device’s WiFi network. Each Minim-powered device carries its own QR code and is known to Minim’s cloud servers. Once a QR code is scanned via the Minim mobile app, the device’s unique signature is recognized, and Minim’s device middleware automatically configures the unit. The approach negates the cost of a one-time-use Bluetooth radio, improves the user experience, offers a standard approach for all Minim-integrated hardware, and prevents unexpected devices from being configured to the network.  

“We’ve designed the Minim platform to power networking devices at varied price points and performance levels,” said Alec Rooney, Minim Chief Technology Officer. “Our mesh onboarding is a great example. The experience of scanning a QR code is simple, and the Minim app will dynamically display the proper mesh system to further guide setup and placement of the satellites for optimal coverage.”  

The second patent, which is pending, provides a system and method for fingerprinting devices to analyze their behavior and ultimately block threats. 

“People bring connected devices into their homes— things as common as smart TVs, baby cameras, and exercise equipment— and have no idea how well they’ve been designed to protect their security and privacy,” said Rooney. “And you shouldn’t have to worry. It would be an incredible feat to keep up with all the latest cybersecurity vulnerabilities for tens of devices in your home. The mechanism must instead be automatic and self-learning.” 

As outlined in the patent, Minim’s middleware agent scans the network for devices, generates a fingerprint, and sends the device’s telemetry data to Minim’s cloud. Device attributes are then added to the fingerprint from Minim’s IoT database. Through continuous monitoring, Minim detects anomalous behaviors that indicate performance degradation and/or threats. The company employs this technology as a foundation for features such as network health scores, automated malware blocking, new device alerts, and more in its mobile and web applications for consumers, businesses, and service providers.    

Minim’s technology currently integrates with device brands including ASUS, MikroTik, Motorola, TP-Link, and Zoom. To learn more about Minim and its technology, visit www.minim.com

About Minim 

Minim, Inc. (NASDAQ: MINM) is the creator of intelligent networking products that dependably connect people to the information they need and the people they love. Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola brand and ZOOM® trademark. Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work. To learn more, visit https://www.minim.com.

MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. 

Media Contact: 

Michele Clarke at (203) 912-0560 or michele.clarke@minim.com

Investor Relations Contact:

James Carbonara, Hayden IR at (646) 755-7412 or james@haydenir.com

About Motorola Strategic Brand Partnerships 

For over 90 years the Motorola brand has been known around the world for high quality, innovative and trusted products. Motorola’s Strategic Brand Partnership program seeks to leverage the power of this iconic brand by teaming with dynamic companies who offer unique, high quality products that enrich consumer’s lives. Strategic brand partners work closely with Motorola engineers while developing and manufacturing their products, ensuring that their products meet the exacting safety, quality, and reliability standards that consumers have come to expect from Motorola. To learn more about Motorola strategic brand partnerships, follow us @ShopMotorola.

Forward-Looking Statements

This press release contains “forward-looking statements”, within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Such forward-looking statements relate to Minim’s plans, expectations, and intentions. Actual results may be materially different from expectations as a result of known and unknown risks, including: risks associated with Minim’s potential inability to realize intended benefits of the merger; the potential increase in tariffs on the company's imports; potential difficulties and supply interruptions from moving the manufacturing of most of the company’s products to Vietnam; risks relating to global semiconductor shortages; potential changes in NAFTA; the potential need for additional funding which Minim may be unable to obtain; declining demand for certain of Minim’s products; delays, unanticipated costs, interruptions or other uncertainties associated with Minim’s production and shipping; Minim’s reliance on several key outsourcing partners; uncertainty of key customers’ plans and orders; risks relating to product certifications; Minim’s dependence on key employees; uncertainty of new product development, including certification and overall project delays, budget overruns; the risk that newly introduced products may contain undetected errors or defects or otherwise not perform as anticipated; costs and senior management distractions due to patent related matters; risks from a material weakness in our internal control over financial reporting; the impact of the COVID-19 pandemic; and other risks set forth in Minim’s filings with the Securities and Exchange Commission. Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Minim expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Minim’s expectations or any change in events, conditions or circumstance on which any such statement is based.


FAQ

What is Minim's recent patent about?

Minim's patent focuses on a cloud-driven approach for simplifying mesh network setup, making it easier for connected devices in smart homes.

How does Minim's technology improve smart home security?

Minim is developing a pending patent that analyzes device behavior to identify and block potential security threats.

How many connected devices are in the average U.S. household?

The average U.S. household now has 25 connected devices, according to a Deloitte connectivity survey.

What issues do U.S. broadband households report with WiFi networks?

Over 40% of U.S. broadband households report problems with WiFi networks, with difficulties in device connectivity being a significant issue.

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