SAN DIEGO, CA — January 31, 2022 — CamerEye(™), a San Diego company that is reinventing swimming pool and backyard safety with the first Artificial Intelligence (AI) Smart Fence and safety ecosystem, has just closed the last tranche of its seed-round funding series for a total of $1.1 million. CamerEye’s system is uniquely designed to detect humans and provide faster distress and near-drowning detection to help save lives.
Major investors in this seed round include members from San Diego Sports Innovators (SDSI), several venture capitalists, and a multitude of angel investors.
Founder and CEO Sai Reddy, who was a competitive swimmer, holds a Ph.D. in AI and Data Sciences and was part of the founding team at PXiSE Energy Solutions, a subsidiary of Sempra Energy, which was recently acquired by Yokogawa Corporation, decided to use his knowledge and experience in building AI technology to address one of the biggest problems – water safety. Reddy and team developed and trained the CamerEye ecosystem for two years pre-launch with more than 30+ beta installations.
CamerEye launched in March 2021 focused on swimming pool safety using advanced AI technology with enthusiastic support of investors, pool safety experts and the pool builder and service industry who saw the need for such technology.
CamerEye’s unique AI safety system provides very early-stage detection by creating a virtual smart perimeter around a pool via an AI overhead camera system that can detect the difference between a human and an animal and other moving objects, and detect early water distress behavior, reducing the false alarms experienced from monitoring camera systems.
“We understand the problem of pool safety and the notion of distress and near drowning using lifeguarding principles, which can help us make pools safer in a much more informed way,” says Reddy. “We strongly believe that CamerEye will help boost peace of mind and safety for millions of pool owners across the nation.”
The company is focusing its future on backyard safety and analytics. CamerEye has three patents pending that leverage AI models to constantly improve with time. Four additional AI analytics capabilities will follow in 2022, enhancing the value of CamerEye to existing and additional customer groups.
“CamerEye’s AI-based camera system changes the game for homeowners with pools and spas by providing a never-before level of smart security and analysis of operating systems ensuring water and backyard safety,” said John Sarkisian, investor and advisor for CamerEye, industry chairman for San Diego Sport Innovators and managing director for Charles Towne Holdings, LLC, a capital markets and financial advisory firm.
CamerEye company members are also actively involved with industry standards groups including ASTM International, US National Water Safety Action Plan and National Drowning Prevention Association (NDPA), providing a voice and expertise on advanced technology for water safety. CamerEye is a PHTA member, Carecraft member as well as part of multiple buying groups.
CamerEye’s mission is to make the world a safer place and help save lives by reinventing swimming pool and backyard safety using sophisticated, advanced technology and artificial intelligence detection solutions that provide peace of mind and help to reduce risk. The company exists to continually reinvent and refine safety using technology and artificial intelligence and take safety to a deeper level.
Pentair Earns 2022 ENERGY STAR® Partner of the Year – Sustained Excellence Award
LONDON–(BUSINESS WIRE)– Pentair (NYSE: PNR), a leading provider of water treatment and sustainable solutions, is proud to announce it received the 2022 ENERGY STAR® Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. Pentair was the first pool equipment manufacturer to have an ENERGY STAR certified pool pump and has been recognized as an ENERGY STAR Partner of the Year since 2013.
“Pentair is built on delivering smart, sustainable, energy- and resource-efficient products and solutions,” said De’Mon Wiggins, Group President, Pentair Pool. “We are proud of our continued collaboration with the EPA and honored to be recognized as an ENERGY STAR Partner of the Year once again. Our efforts, paired with ENERGY STAR’s goals and leadership, are changing the pool industry.”
Since 2005, Pentair’s ENERGY STAR pool pumps have been responsible for a cumulative 32.6 billion kWh of energy savings, the reduction of 15.4 million tons of CO2 emissions and $3.6 billion in operative cost savings for U.S. consumers.*
In addition to its ENERGY STAR-rated pool pumps, Pentair offers smart, sustainable solutions to help pool owners conserve energy and make thoughtful environmental choices. Through pool solutions like automated controls, heaters and lighting products, Pentair strives to design products that facilitate environmental sustainability. Homeowners can learn more about Pentair’s energy-efficient offerings, its rebate program for select ENERGY STAR certified models, and find helpful ENERGY STAR resources at pentair.com/energystar.
Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies. These efforts are essential to fighting the climate crisis and protecting public health.
Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2022 winners and more information about ENERGY STAR’s awards program, visit energystar.gov/awardwinners.
*Savings are based on a weighted average annual kWh savings from the Consortium for Energy Efficiency (CEE) at $0.11 / kWh. Individual Weighted Energy Factor (WEF) scores and savings may vary by model. For more information regarding the energy efficiency features of current Pentair pool pump offerings, including WEF scores, please visit pentair.com/energystar.
ABOUT PENTAIR PLC
At Pentair, we inspire people to move, improve and enjoy life’s essential resources for happier, healthier lives. From our residential and business water solutions, to our sustainable innovations and applications, we deliver smart, sustainable solutions for life.
Pentair had revenue in 2021 of approximately $3.8 billion, and trades under the ticker symbol PNR. With approximately 11,250 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit Pentair.com.
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500®—rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR’s impacts can be found at www.energystar.gov/impacts and state-level information can be found at www.energystar.gov/statefacts.
Pinch A Penny Named Presenting Sponsor of Special Olympics Texas Summer Games
CLEARWATER, FL (May 12, 2022) – Pinch A Penny, the nation’s largest swimming pool retail and backyard services franchise, is honored to be named the presenting sponsor for the Special Olympics Texas 2022 Summer Games, which will take place May 12-15 at Morgan’s Wonderland in San Antonio, Texas.
This is the fourth year Pinch A Penny’s charitable giving program, Be the Splash, is sponsoring Special Olympics Texas’ (SOTX) largest annual competition, which features soccer, tennis, cycling, track and field, and FUNdamental Sports. Pinch A Penny prides itself on supporting nonprofit organizations whose mission is to promote competitive swimming and fitness programs centered around or in the pool, as well as national programming or services addressing swim safety. Local Pinch A Penny franchisees, Phillip and Valerie Ott, will be volunteering their services at SOTX for their second year in a row.
Pinch A Penny is America’s largest swimming pool retailer with over 270 locally owned and operated stores providing customers with a complete line of best-in-class pool chemicals, equipment, repair parts, and accessories. In addition to pool supply retail, Pinch A Penny offers ongoing maintenance and repair services including water testing and pool service, as well as pool renovations, pressure washing, landscape lighting and more.
“Our goal is to join forces with great nonprofit organizations like Special Olympics Texas to place an emphasis on promoting healthy living in and around the pool,” said Kendall Large, Vice President of Marketing for Pinch A Penny. “As an organization, we are amazed by the dedication and athleticism of these athletes, and are proud to support each and every one of them in their pursuit of a gold medal,” Kendall added.
Pinch A Penny continues to prioritize its 21-year-relationship with the Special Olympics, a valuable partnership that began in Florida and expanded to Texas in 2019. Since then, Pinch A Penny has garnered the title of Special Olympics aquatic sponsor, Fall Classic Games presenting sponsor, and Summer Games presenting sponsor.
“Giving back to the community is one of our top priorities as a local Pinch A Penny store owner,” said Valerie Ott, owner of the Vineyard Pinch A Penny franchise in San Antonio. “We are passionate San Antonio residents who want to make a difference in any way we can. We look forward to volunteering and rooting for the athletes – it’s truly become an exciting tradition for us.”
Pinch A Penny strongly believes in inclusion, especially with swimming and fitness activities. The organization hopes to further uphold that stance by supporting athletes and their experience at the Texas Special Olympics Summer Games.
About Pinch A Penny Pool Patio Spa
Founded in 1975, Pinch A Penny Pool Patio Spa continues to expand beyond its 270 locations across the Southeastern U.S. and Texas. Priding itself on its superior customer service and expertise, the brand has been featured in various top industry rankings including the Entrepreneur Franchise 500, Franchise Business Review Top 200, Franchise Gator Top 100, and Franchise Times Top 200+, as well as Franchise Business Review’s Top Franchises for Women and Top Franchises for Veterans. Additionally, Pinch A Penny was selected as the silver winner for Franchise Update’s prestigious STAR Award for Franchisee Satisfaction.
While economic downturns have handicapped businesses across the country over time, Pinch A Penny has exhibited growth for more than 45 years. In fact, Pinch A Penny’s positive financial performance during the pandemic earned the company a spot as one of the Top 50 Recession-Proof Franchises by Franchise Business Review. For more information about Pinch A Penny, please visit https://pinchapenny.com/. To learn more about becoming a local Pinch A Penny franchise owner in your community, visit PinchAPennyPoolFranchise.com.
Hayward Earns 2022 ENERGY STAR® Partner of the Year Award
Manufacturer receives the highest level of recognition from the U.S. Environmental Protection Agency
BERKELEY HEIGHTS, N.J. – May 5, 2022 — Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), a global designer, manufacturer and marketer of a broad portfolio of pool equipment and technology, today announced the company has received the 2022 ENERGY STAR Partner of the Year Award—the highest level of recognition for corporate energy management programs given by the United States Environmental Protection Agency (EPA).
The ENERGY STAR Partner of the Year Award recognizes businesses that perform at a superior level of energy management, demonstrating best practices as well as industry leadership, product innovation and an overall commitment to environmental protection through energy efficiency and ENERGY STAR.
“At Hayward, we’re committed to building better pool solutions—and a steadfast focus on energy efficiency is a major part of how we do that,” said Matt Kimball, Vice President of Marketing at Hayward. “We are exceedingly proud to have earned the ENERGY STAR Partner of the Year Award for 2022, and we look forward to continued innovation.”
Hayward’s pool equipment portfolio contains the broadest range of ENERGY STAR certified pool pumps, including their industry-leading line of ultra-high efficiency pumps: the #1 rated pumps in energy efficiency*. Omni® SmartPad™ pool and spa automation products—which allows pool owners to set schedules and adjust their pool equipment remotely via their smart device—provide another energy-saving standout.
“I salute the 2022 ENERGY STAR award winners,” said Anne Idsal, EPA Principal Deputy Assistant Administrator for Air and Radiation. “These leaders demonstrate how energy efficiency drives economic competitiveness in tandem with environmental protection.”
The ENERGY STAR recognition builds on Hayward’s ongoing research and development initiatives in water conservation, automation and alternative sanitization options which help make pools more environmentally friendly.
For more information about Hayward products and ENERGY STAR certified products, visit hayward.com/energystar
*Based on TriStar® VS 900 among in-ground pool pump ratings, per U.S. Department of Energy efficiency metrics as of April 1, 2022. Visit hayward.com/regulations for details.
About Hayward Holdings, Inc.
Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and manufacturer of pool equipment and technology all key to the SmartPad™ conversion strategy designed to provide a superior outdoor living experience. Hayward offers a full line of innovative, energy-efficient and sustainable residential and commercial pool equipment, including a complete line of advanced pumps, filters, heaters, automatic pool cleaners, LED lighting, internet of things (IoT) enabled controls, alternate sanitizers and water features.
This press release contains certain statements that are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 and releases issued by the Securities and Exchange Commission. Such forward-looking statements relating to Hayward are based on the beliefs of Hayward’s management as well as assumptions made by, and information currently available to, us. These forward-looking statements include, but are not limited to, statements about Hayward’s strategies, plans, objectives, expectations, intentions, expenditures and assumptions and other statements contained in or incorporated by reference in this release that are not historical facts. When used in this document, words such as “guidance,” “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “look forward,” “predict,” “project,” “seek” and similar expressions as they relate to Hayward are intended to identify forward-looking statements. Important factors that could affect Hayward’s future results and could cause those results or other outcomes to differ materially from those indicated in its forward-looking statements include the following: its ability to execute on its growth strategies and expansion opportunities; its ability to maintain favorable relationships with suppliers and manage disruptions to its global supply chain and the availability of raw materials; its relationships with and the performance of distributors, builders, buying groups, retailers and servicers who sell Hayward’s products to pool owners; competition from national and global companies, as well as lower-cost manufacturers; impacts on Hayward’s business from the sensitivity of its business to seasonality and unfavorable economic and business conditions; Hayward’s ability to identify emerging technological and other trends in its target end markets; Hayward’s ability to develop, manufacture and effectively and profitably market and sell its new planned and future products; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; Hayward’s ability to attract and retain senior management and other qualified personnel; regulatory changes and developments affecting Hayward’s current and future products; volatility in currency exchange rates; Hayward’s ability to service its existing indebtedness and obtain additional capital to finance operations and its growth opportunities; impacts on Hayward’s business from political, regulatory, economic, trade, and other risks associated with operating foreign businesses; Hayward’s ability to establish and maintain intellectual property protection for its products, as well as its ability to operate its business without infringing, misappropriating or otherwise violating the intellectual property rights of others; the impact of material cost and other inflation; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits, impact trade agreements and tariffs, or address the impacts of climate change; the outcome of litigation and governmental proceedings; impacts on Hayward’s business from the COVID-19 pandemic; and other factors set forth in “Risk Factors” in Hayward’s annual report on Form 10-K. The forward-looking statements included in this press release are made only as of the date of this report. Unless required by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in Hayward’s expectations.
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