Press Release devolo founds Spanish subsidiary devolo Spain S.L.: Powerline home network in Spain continues on the path of success Aachen, Germany, May 22, 2014 – With its own Spanish subsidiary, devolo AG is stepping up its marketing and sales activities in the region. The experienced sales team lead by Director Lucio Lascaray and Key Account Managers Frank Freixinet and Guillermo Marín aims to further expand devolo's leading position in the Powerline home network segment and successfully establish devolo Home Control, the upcoming home automation product line, on the market. The new company devolo Spain S.L., which also includes technical support, is located in Barcelona and was founded on April 1, 2014. The topics of this press release: - devolo founds subsidiary in Spain - Spanish market for home network products is flourishing - New dLAN product line and devolo Home Control as the driving forces - Experienced sales team continues on the path of success Spanish market for home network products is flourishing Sales of devolo dLAN® Powerline products in Spain have been on a very positive trend with 60 percent growth in the last fiscal year. As part of the foundation of devolo Spain S.L., the new strategy includes plans to break into new market segments and strengthen relationships with existing business partners. "The Spanish market for home network products is characterised by strong growth," remarks Heiko Harbers, CEO of devolo AG. "We want to use this subsidiary to expand sales and support in the region and improve the excellent results of the sales agency, which has achieved a market share of over 50 percent, with our own team." New dLAN product line and devolo Home Control as driving forces The growth strategy for the Spanish market is based on two central pillars. The first is to continue expanding the dLAN Powerline portfolio in this region. After the successful launch of the dLAN 650 adapter, the first products of the dLAN 1000 generation will be introduced in Spain at the end of the year. The company will also tap into the market for easy home automation solutions for installation by homeowners in the near future with devolo Home Control. This business area also already features strong demand. Experienced sales team continues on the path of success The devolo subsidiary in Spain is working with a successful sales trio right from the start. devolo was able to hire Lucio Lascaray as the director. Lascaray has already successfully tapped into the Spanish market working for AV specialists Panda Security SL (formerly Panda Software) and Berlin-based Magix AG. Frank Freixinet is lending Lascaray support; the sales professional brings more than 24 years of IT expertise, acquired at retailers such as Fnac and MediaMarkt as well as working for the software manufacturer UbiSoft. Because of his work for various sales organisations, Freixinet is already well-versed in dLAN Powerline products. devolo Spain S.L. is also supported by Guillermo Marín, an experienced IT and consumer electronics sales person, whose career path previously led him to Apple, Intel and Samsung. devolo Spain S.L. was founded on April 1, 2014. A team of experienced IT specialists will provide devolo customers in Spain with optimum technical support. This press release is also available in the devolo Press section at www.devolo.de/presse. Press Contact rtfm | public relations devolo AG devolo AG Frank Mischkowski Christoph Rösseler Florian Szigat Flößaustr. 90 Charlottenburger Allee 60 Charlottenburger Allee 60 90763 Fuerth 52068 Aachen, Germany 52068 Aachen, Germany Phone: 0911-97922-065 Phone: +49 241 18279-500 Phone: +49 241 18279-514 Fax: 0911-97922-090 Fax: +49 241 18279-999 Fax: +49 241 18279-999 E-Mail: fm@rtfm-pr.de E-mail: presse@devolo.de E-mail: presse@devolo.de About devolo AG devolo AG is the leading European company on the market in Powerline communication solutions. The company's core product is dLAN®, a technology that allows flexible networks using existing wiring like electrical and coaxial lines. Powerline solutions are employed in private households as well as commercial environments and they lead the way in futureoriented energy data distribution and home automation. devolo invests its development resources into improving dLAN® technology through its own patented solutions. The globally operating company has been the world market leader in the Powerline segment since 2009. Numerous top-product test reviews and distinctions, not to mention over 20 million shipped adapters, substantiate devolo's success. Through sustainable market practices, devolo upholds its responsibility to customers, employees and the environment.