Kwikset Expands Use of Patented SmartKey Security to Automotive Industry

Through a new partnership with Horizon Global, SmartKey will be
incorporated into automotive accessories, including hitches, bike racks
and more

LAKE FOREST, Calif.–(BUSINESS WIRE)–Kwikset® will expand its patented SmartKey™ security to the automotive
accessories industry through a newly announced partnership with Horizon
Global Corporation, one of the world’s leading manufacturers of branded
towing and trailering equipment.

Kwikset, the leading residential lock manufacturer and America’s number
one selling lock brand, partnered with Horizon Global, to provide the
company, including its Cequent™ and TriMotive™ divisions, the exclusive
right to utilize SmartKey in a wide range of automotive applications.

SmartKey security allows homeowners, and now automotive accessory
owners, the flexibility to re-key all of their Kwikset SmartKey locks
for one-key convenience. With this agreement, Kwikset’s patented
SmartKey technology will be incorporated into hitches, fifth wheels,
ball mounts, bike racks, cargo management products, and more, allowing
users the flexibility to use one key to secure both their homes and
automotive accessories. SmartKey products also pass the most stringent
lock-picking standards (UL 437, par. 11.6) and utilize BumpGuard™ to
prevent lock bumping, providing additional security to your home and
automotive accessories.

“We’re excited to partner with Horizon Global to bring Kwikset’s most
differentiated and secure technology, SmartKey, to the automotive
industry,” said Marty Hoffmann, Vice President of Marketing for Kwikset,
Spectrum Brands, Inc. – Hardware and Home Improvement Division. “This
partnership will expand the reach of SmartKey beyond the residential
door lock category, providing Horizon customers with added convenience
and security. We look forward to bringing this partnership to market.”

A sample of automotive accessory products using SmartKey security will
be on display at this week’s 2016
SEMA Show, the premier automotive specialty products trade event
hosted in Las Vegas, in Horizon Global’s booth #30087.

For more information about Kwikset and SmartKey security, visit http://Kwikset.com/SmartKey.
Visit http://HorizonGlobal.com
for more information on Horizon Global Corporation. To learn more about
TriMotive and the brands that will host the SmartKey technology, visit http://CequentGroup.com.

About Kwikset

Kwikset is the leading residential lock manufacturer, making homeowners
feel safe since 1946. Kwikset works hard to understand the world you
live in, so that we can do everything we can to protect it. The
company’s unwavering commitment to meeting homeowners’ needs has
inspired its innovative lock portfolio that includes patented SmartKey
deadbolts, keyless entry combination locks, connected home technology,
first-to-market smart lock, Kevo and a wide variety of styles and
finishes. Our interior and exterior door products provide customers with
the quality, technology, durability and style they want while
guaranteeing the highest level of security. Headquartered in Orange
County, Calif., Kwikset is part of the Hardware and Home Improvement
(HHI) division of Spectrum Brands Holdings, Inc. (NYSE: SPB). Kwikset
products are sold online and through retailers and distributors
throughout the U.S., Canada, Mexico and Australia. Visit us at http://kwikset.com and
http://kwiksetpresskit.com.

About TriMotive

TriMotive is the industry’s largest manufacturer of towing and trailer
products. Each product is engineered and tested to meet and often exceed
the industry’s highest standards. Products include many structural,
electrical, and Cargo management systems with a focus on vehicle
specific trailer hitches, electric trailer brake controls, cross
members, fifth wheel hitches, gooseneck hitches, weight distribution
systems, custom designed and standard electrical harnesses, TriMotive is
a division of Cequent. For more information, visit http://www.trimotive.com.

About Cequent

Cequent is the industry’s largest manufacturer of towing and trailer
aftermarket products. Each product is engineered and tested to meet and
often exceed the industry’s highest standards. Product focuses include
vehicle specific trailer hitches, electric trailer brake controls, fifth
wheel hitches, gooseneck hitches, weight distribution systems, cargo
management, custom designed and standard electrical harnesses, trailer
jacks, couplers, and more. Brand names include: Bargman®, Bulldog®,
Draw-Tite®, Fulton®, Hidden Hitch®, Pro Series™, Reese®, ROLA®,
Tekonsha®, and Wesbar®. Cequent is a subsidiary of Horizon Global
Corporation. For more information, visit www.CequentGroup.com.

About Horizon Global Corporation

Headquartered in Troy, Michigan, Horizon Global Corporation (NYSE: HZN)
is a leading designer, manufacturer, and distributor of high-quality,
custom-engineered towing, trailering, cargo management, and related
accessory products for original equipment, aftermarket, and retail
channel customers on a global basis. Our mission is to utilize
forward-thinking technology to develop and deliver best-in-class
products for our customers, engage with our employees, and realize value
creation for our shareholders. For more information, visit http://www.horizonglobal.com.

Contacts

imre
Brittany Greff, 213-289-9190
kwikset@imre.com