"Today at the Consumer Electronics Show (CES), Alarm.com (Nasdaq: ALRM) introduced the Smart Water Valve+Meter to help people avoid billions of dollars in annual property damage loss from water leaks and use water more efficiently. The device is an innovative addition to the Alarm.com Water Management solution, identifying low and high-volume water leaks and constantly monitoring overall water use and current usage rates in homes and businesses. Deep integration with the Alarm.com platform leverages intelligence and insights to help reduce the risk of losses from water emergencies, while also improving water conservation efforts. "
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