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Latham Group, Inc. and Poolside Tech Team Up to Create the Ultimate Smart Pool

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Latham Group, the leading designer and manufacturer of in-ground residential swimming pools in North America, Australia, and New Zealand, has launched 'The Attendant' in collaboration with Poolside Tech.

This smart pool automation system, designed specifically for Latham fiberglass pools, offers homeowners complete control over their pool's temperature and water chemistry via smartphone. Leveraging historical data and current weather conditions, it optimizes energy use and ensures cost savings.

The Attendant also integrates with any manufacturer's equipment, automates chemical dosing, and enhances backyard experiences with features like Spotify syncing and lighting controls. The system is available through Latham-authorized builders and can be added to existing Latham pools.

Positive
  • The Attendant offers energy savings by optimizing pool temperature based on historical data and weather conditions.
  • Automatic chemical dosing reduces maintenance efforts and ensures proper pool chemistry.
  • Integration with various equipment brands provides flexibility and ease of use.
  • Additional features like Spotify syncing and lighting controls enhance user experience.
  • Available for new and existing Latham pools, broadening its market appeal.
Negative
  • Initial costs for The Attendant and installation might be high for some consumers.

The collaboration between Latham Group, Inc. and Poolside Tech introduces advanced technology into a traditionally low-tech industry. The Attendant represents a significant move towards automation and smart home integration. From a technical perspective, the ability to control various aspects of a pool via a smartphone app, including temperature and chemical levels, marks a notable evolution in pool management.

Using historical performance data and weather conditions to manage heating and cooling systems is an excellent example of leveraging data analytics for energy efficiency. Additionally, the automated chemical dosing system directly addresses one of the most complex parts of pool maintenance, which can be a strong selling point for consumers looking for convenience. The integration capabilities with other manufacturers' equipment also increase the versatility of the system.

For retail investors, these innovations could translate to increased demand for Latham's products, potentially boosting sales and market share. However, it’s important to consider the broader adoption rate of smart home technology in the pool industry, which may be slower compared to other smart home devices.

From a market perspective, the introduction of The Attendant positions Latham Group to capture a growing segment of tech-savvy consumers seeking convenience and efficiency. With record-breaking temperatures and rising interest in in-ground pools, this launch is timely and could tap into a wave of demand during peak summer months. The potential for long-term savings on energy and maintenance costs is a compelling value proposition for consumers considering a high initial investment in a smart pool system.

Moreover, the ability to integrate The Attendant with existing Latham pools and other manufacturers’ equipment broadens its appeal. This flexibility could attract a wider customer base, including those who already own pools but are looking to upgrade to a smart system without extensive additional costs.

However, the overall success will hinge on effective marketing and consumer education, given that many potential customers may not be familiar with pool automation technology. For investors, monitoring the uptake rates and customer feedback in the coming quarters would provide valuable insights into the system’s market performance and long-term impact on Latham’s revenue.

Introducing The Attendant – smart pool automation configured specifically for Latham fiberglass pools bringing the ultimate convenience and efficiency to pool owners

LATHAM, N.Y., July 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, announces the launch of The Attendant, an automation system for inground, Latham fiberglass pools, in partnership with Poolside Tech, a leader in smart pool technology.

With record breaking temperatures gripping the country this summer, more and more consumers are considering building an inground pool. Caring for a pool doesn’t have to be confusing or expensive with The Attendant – a cloud-based system that gives homeowners complete control from their smartphone, to automatically ensure the optimal temperature and water chemistry of their Latham pool.

The Attendant is the only automated system that uses a pool’s historical performance data along with current and upcoming weather conditions to activate heating, chilling and solar systems to set the perfect water temp at the right time. This automation greatly reduces unnecessary temperature fluctuations and can help save energy and money.

The Attendant is also the only pool automation system that automatically doses the correct chemical combinations, taking out the guesswork for consumers. Proper chemistry management of your pool can ensure its peak performance. And for even greater convenience, The Attendant will also seamlessly connect to any manufacturer’s equipment used to power your Latham pool like pumps, motors, filters etc.

“We are excited to partner with Poolside Tech to bring The Attendant to the entire range of Latham fiberglass pools,” said Scott Rajeski, President and CEO of Latham. “This smart pool automation technology brings the pool industry into the digital age and helps to drive Latham’s mission of becoming the center of your backyard lifestyle by improving pool ownership for our consumers.”

The Attendant also boasts additional features that enhance homeowners’ backyard lifestyle like syncing to a Spotify playlist and setting lighting color and intensity to create the perfect mood for backyard entertaining. And for rental owners or families with kids, there are special modes to control pool access and functions to avoid over or misuse.

"At Poolside Tech, our guiding philosophy is to help make pool ownership a delightful experience for families," said CEO of Poolside Tech, Bob Doan. “Working together with Latham, we are thrilled to deliver more fun, fewer chores, and significant savings to our customers."

And because The Attendant is the latest in pool automation technology, costly upgrades won’t be needed.

To learn more about The Attendant, please visit: lathampool.com/the-attendant.

The Attendant can be purchased directly through independent Latham-authorized pool builders and can also be added to existing Latham fiberglass pools.

About Latham Group, Inc.
Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. Latham has a coast-to-coast operations platform of over 1,800 employees across 24 facilities.

   
Latham Contact:
Gail Conroy
Latham, The Pool Company
gailconroy@lathampool.com
Investor Contact:
Lynn Morgen/Casey Kotary
ADVISIRY Partners
latham@advisiry.com
Latham Pool Products, Inc
787 Watervliet Shaker Rd,
Latham, NY 12110
800 833 3800

FAQ

What is 'The Attendant' by Latham Group (SWIM)?

'The Attendant' is a smart pool automation system designed for Latham fiberglass pools, providing control over temperature and water chemistry through a smartphone app.

When was Latham Group's 'The Attendant' launched?

'The Attendant' was launched on July 09, 2024.

How does 'The Attendant' by Latham Group save energy?

'The Attendant' uses historical pool data and current weather conditions to optimize heating, chilling, and solar systems, reducing unnecessary temperature fluctuations and saving energy.

Can 'The Attendant' be added to existing Latham pools?

Yes, 'The Attendant' can be added to existing Latham fiberglass pools.

What unique features does 'The Attendant' offer?

'The Attendant' features automatic chemical dosing, integration with various equipment brands, Spotify syncing, lighting controls, and special modes for pool access control.

Latham Group, Inc.

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