Lomiko’S Shd Smart Home Starts Discussions with US Based Distributor to Increase Sales of Iot Products
#439- 7184 120th Street, Surrey, B.C. V3W 0M6
LOMIKO’S SHD SMART HOME STARTS DISCUSSIONS WITH US BASED DISTRIBUTOR TO
INCREASE SALES OF IOT PRODUCTS
Vancouver, B.C September 2 7, 2017 Lomiko Metals Inc. (“L omiko”) (TSX-V: LMR, OTC: LMRMF,
FSE: DH8C) Lomiko Metals Inc. and its 100% owned subsidiary Lomiko Technologies are pleased to
announce SHD Smart Home Devices has entered into discussions with US b ased Automated Building
Devices (ABD) for the sale and distribution of spider charger units to homebuilders across western USA.
“With a partner like ABD , SHD will have a distribution channel to some of the largest home builders in
California and Nevada. Working with ABD would be a strategic move by SHD to leverage an existing
network and rapidly penetrate the market.”, stated Sat Samra, CEO SHD Smart Home Devices.
The initial discussions are centered around the Spider Charger®. This revolutionary device allows for 6 USB
ports and 2 regular AC wall receptacles to provide both AC and DC power from a single wall outlet. To view
an enhanced version of Side View of Spider Charger Showing USB Ports, please visit:
http://orders.newsfilecorp.com/files/1944/19264_enhanced%202.jpg
"SHD has an incredible opportunity to participate in a burgeoning IoT and Smart Device market.", stated A.
Paul Gill, CEO., "Major companies such as Leviton, Legrand, Pass and Seymour and others have recognized
this new market and have launched similar devices."
There are currently 130 million established households in North America and a healthy seasonally adjusted
annualized rate of 1.3 million housing starts. In addition, offices, hotels and coffee shops are also potential
markets for USB charging devices. If only one or two USB charging devices are installed in new homes and
retro-fitted into current homes undergoing renovations, there will be a healthy demand for these IOT
products. Smart Home Ltd. plans to enter into negotiations to sell the Spider Charger and other related devices
in North American markets with IOT distributors and builders. Lomiko will share its network of industry
connections to help grow the venture and then enjoy the SHD equity multiplier without being burdened with
any engineering, new product development, IP or associated marketing costs as the Spider charger and SHD
suite of IoT products are rolled out.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at
604-729-5312 or email: [email protected].
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.