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18/7/2003

Leviton Acquires Structured Wiring Division of Listman Home Technologies

Leviton Manufacturing Company announced today it has acquired the Structured Wiring Division of Listman Home Technologies, a premier developer of user-friendly residential hardware and software networking solutions. Leviton Integrated Networks, the company's structured wiring division, will assume responsibility for Listman's inventory and service centers, including the sophisticated software and website it has developed for management of installed systems. Leviton will also now support Masco Contracting Services, Listman's existing distribution partner.

Daryoush Larizadeh, Vice President of Strategic Business Enterprises for Leviton Manufacturing indicated, "This agreement increases Leviton's distribution in the residential structured wiring marketplace through Listman's installation relationship with Masco Contractor Services. It also enhances our offering with Listman's sophisticated software that registers contractors and tracks the installation quality."

"We are very pleased that a world-class organization such as Leviton will continue to offer high-end structured wiring products while increasing their brand preference," said Tim List, CEO of Listman Home Technologies. List went on to say that "Leviton now has the appropriate combination of structured wiring product and outstanding installation network that builders have been looking for."

Donnie DeMarie, President of Masco Contractor Services said, "This agreement generates significant interest across our contractor network of technology installers. The Leviton name and their strong product support focus will enhance our ability to provide quality products and services to our builder customers."

Terms of the deal were not disclosed.

www.leviton.com


 
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