February 14, 2007
New York City - February 14, 2007 - Xanboo, Inc., a technology platform provider of Internet based remote access applications and services, has developed a remote thermostat control which is now available online. Expanding on the current system, this low-cost, universal thermostat can replace any existing thermostat to control a home's heating and cooling system from anywhere in the world, all via the Xanboo Web site.

"With energy prices on the rise and power deregulation causing instability in states like California, Americans are looking for ways to conserve power and cut costs," says Bill Diamond, co-president of Xanboo. "Xanboo's universal thermostat control is the first easy and affordable energy management system for anyone who wants a better way control their energy costs."

Users will be able to raise or lower their thermostat just as if they were in their home or office. Users will also be able to schedule a desired temperature in advance, both by day of week and time of day.

Consumers using Xanboo to control their thermostats will also be able to take advantage of the system's many other features such as controlling devices throughout the home (like garage doors, lights or small appliances), viewing images or streaming video through Xanboo's color IP cameras, or being notified by phone, e-mail or pager when events occur in the house (like water leakage, glass breaking, motion on the premises, etc.). The Thermostat is available online for $99.

About Xanboo
Xanboo is the first Smart Home and Business Management System with real-time device access and control that enables users to control and monitor their homes or businesses from anywhere in the world via the Internet. Including its primary deployments over broadband with ISPs, Xanboo is vertically focused as well in the energy, healthcare, security and small business markets. Xanboo Inc. designs and engineers all hardware and software, including video cameras, sensors, and control devices. Xanboo also allows its technology to be integrated into existing third-party hardware devices in order to make them remotely accessible via the Internet. Xanboo is headquartered in New York City. Its investors include Motorola, Inc. (NYSE: MOT), Globespan Virata (Nasdaq: GSPN), Itochu, Suez Industrie and SG Cowen and Lantronix, Inc. (Nasdaq: LTRX).