Finance Monthly CFO Awards 2016 Winners Edition

www.finance-monthly.com Kenneth Hahn CFO at Icontrol Networks, Inc. About Kenneth Hahn Ken Hahn currently serves as Chief Financial Officer of Icontrol Networks, Inc. and is responsible for the company’s finance, accounting, HR, IT and legal functions. His career spans more than 25 years, and he has served as Chief Financial Officer of three publicly listed technology companies, two of which he brought public in successful IPOs. Mr. Hahn’s professional services background includes three years in strategy consulting with the Boston Consulting Group and five years of public accounting with Price Waterhouse. His qualifications include Certified Public Accountant, Certified Management Accountant, an MBA from the Stanford Graduate School of Business as an Arjay Miller scholar, and a BA in Business from California State University Fullerton, summa cum laude. Mr. Hahn has also served as the Audit Committee Chairman of the Hiller Aviation Museum for nine years. CFO Insight Can you tell us about the sale of Icontrol Networks? Of course. It was a process that began well over a year ago when Comcast Corporation approached us to express interest in buying a portion of Icontrol – the Converge business unit, which operated the software platform hosting Comcast’s home security customers. After agreeing approximate terms, Icontrol initiated a process to find buyers of its other two business units, ultimately resulting in an agreement with Alarm.com to buy both units in an asset deal. We had multiple bids on the assets, creating yet more complexity to navigate. So it was a year-long, complex process. Why was the transaction complex? A multi-party deal is naturally more difficult than a single transaction, but particularly when there are overlapping intellectual property rights with two buyers that will ultimately compete with the products they acquire. So it was the nature of the transaction itself, in addition to the fact that the two acquirers were both publicly listed companies with the attendant diligence and reporting rigor. How did you navigate this complexity and bring the deals to closure? Well, just like many things in business, it was all about the team.  We had a stellar team, from the executives negotiating the economics, structure and terms to our Board of Directors’ strategic insights to our expert advisors on the banking and legal fronts. That group included Bob Hagerty, our CEO; Rich Mosher, General Counsel; Evercore Partners as our financial advisors; and Wilson Sonsini Goodrich & Rosati as outside counsel. The depth of the team’s experience and teamwork are what allowed us to navigate to the right outcome for Icontrol’s shareholders.  USA Finance Monthly CFO Awards 2016 Firm Profile Icontrol Networks, Inc. offers a software as a service platform and “internet of things” devices for the home security and home automation markets. Its platforms service the home security and automation needs of more than three million households. Icontrol is making the connected home a reality through its software platforms which are deployed by service providers and home security companies of all sizes, and the all- in-one Piper smart home security system for consumers. Icontrol is further pioneering the next generation of connected living through its Icontrol Developer Program, the first community for application and device makers to partner on a common platform. Investors in the private company include Kleiner, Perkins, Caufield & Byers, Charles River Ventures, Comcast Ventures, Intel Capital and Cisco Systems. Contact Details Kenneth Hahn Chief Financial Officer Icontrol Networks, Inc. Office: US 650.622.3541 40