Select Comfort to Acquire BAM Labs

  • Advances its Sleep and Wellness Capabilities
  • Opens New $100 Million Revolving Credit Facility


MINNEAPOLIS –SEPTEMBER 10, 2015 – Sleep Number Corporation (NASDAQ: SCSS, “Sleep Number” or “the company”), the leader in sleep innovation, is acquiring BAM Labs, Inc. (“BAM”) the world’s leading provider of Smart Bed Technology™ solutions and the Silicon Valley-based pioneer of biometric sensor and sleep monitoring for data-driven health and wellness. Sleep Number previously held an equity investment in BAM of approximately 18 percent and is now acquiring the remaining interest for approximately $58 million in cash.

BAM Labs Wins 2015 Caregiver Friendly Award for Best Product from Today’s Caregiver Magazine

Set and Forget Smart Bed Technology Helps Caregivers Prevent Falls, Pressure Ulcers and Recognize Changes

San Jose, CA –  June 26, 2015 – BAM Labs®, the pioneer of smart bed technology for data-driven health, today announced it has won a 2015 Caregiver Friendly® Award, Best Product, for its innovative touchless Smart Bed Technology® that turns any bed into a smart device. BAM Labs makes person-centered care possible with automated turn scheduling, motion and bed exit detection, and non-intrusive alerts. Created by Today’s Caregiver, the first national magazine for all family and professional caregivers, and caregiver.com, the Caregiver Friendly® Awards are designed to celebrate products, services, books and media created with the needs of caregivers in mind.

BAM Labs Expands Into New San Jose Headquarters; Announces Executive Appointment

Mayor Sam Liccardo Welcomes Innovator of Data-Driven Health

San Jose, CA –  June 18, 2015 – BAM Labs®, the pioneer of smart bed technology for data-driven health, today announced a move and the opening of new, larger headquarters at 111 West Saint John St., Suite 1200, San Jose 95113. As interest in data-driven health information grows, so does demand for BAM Labs’ touchless Smart Bed Technology®. To support this growth, the Silicon Valley-native company also announced today the appointment of Kathy Simpson as Vice President of Program Management.

BAM Labs Wins 2015 TiE50 Award: Recognized as One of The World’s Hottest Tech Start-ups

Campbell, CA –  May 19, 2015 – BAM Labs®, the pioneer of smarter health monitoring, today announced that it has been selected as a 2015 TiE50 Winner for its innovations in data-driven healthcare in the prestigious TiE50 Technology Awards Program. Winners were announced on Friday, May 15th at the organization’s annual entrepreneurial conference, TiEcon. TiE50 is Silicon Valley’s premier annual awards program with thousands of technology start-ups competing from around the world.

Gold Award in High Tech/High Touch goes to Abramson Center for Jewish Life


The Polisher Researcher Institute of the Madlyn and Leonard Abramson Center for Jewish Life developed a new tool called the Match-Quality Indicator in order to help residents maximize their activities based on preferences. The project won it the Gold Award in the High Tech/High Touch category of the McKnight’s Excellence in Technology Awards.

The Silver Award went to Signature HealthCARE for its use of Smart Bed Technology made by Goodmark Medical and BAM Labs. The company also received a Certificate of Merit award in the Dignity category for this project.

Dignity Award Gold won by Archie Hendricks Sr. SNF


A skilled nursing facility that sits on a Native American reservation has taken Gold in the Dignity category for the third annual McKnight’s Excellence in Technology Awards.

Certificates of Merit were given to Signature HealthCARE for its use of Smart Bed Technology made through Goodmark Medical and BAM Labs, and Centers Health Care in New York, which used Point RF Solution’s NoWander management system.

New Study Finds That Using Smart Bed Technology® Solution Dramatically Reduces Pressure Ulcers in Long-Term Care Residents

  • The Use of Smart Bed Technology Resulted in 85.4% Decrease in New Pressure Ulcer Development During 12-week Study in Three Long-Term Care Centers in Kentucky
  • Overall Number of Pressure Ulcers Declined by 50% From Baseline to End of Study Period
  • Smart Bed Technology Improved Compliance Rates to Industry Standard Two-Hour Repositioning Schedule by 35% from baseline

Silicon Valley, CA and Longwood, FL, June 30, 2014 – A landmark new study on the prevention of pressure ulcers found that using Smart Bed Technology® to drive compliance to patient repositioning protocols had a dramatic effect on reduction and prevention of pressure ulcers among residents of long-term care centers. Pressure ulcers are one of the largest and most persistent problems in healthcare worldwide, especially in light of aging populations. The US health system is hit with added costs of more than $11 billion annually because of pressure ulcers.

BAM Labs Continues to Drive Strong Growth in Smart Bed Technology Solutions for Both Consumer and Medical Markets

  • SLEEP NUMBER Announces Expansion of SleepIQ™ Technology, Powered by BAM Labs, Across Entire Product Line So Everyone Can Know Better Sleep SM
  • BAM Labs Increases Distribution Within the Medical Smart Bed Market, Clearly Demonstrating Positive Healthcare Results and Customer ROI

Silicon Valley, June 5, 2014 – BAM Labs®, the world’s leading provider of Smart Bed Technology™ solutions, today announced continued strong growth and expansion in its core consumer and medical businesses. The company expects its consumer business to benefit from the recent announcement by its partner, SLEEP NUMBER, which expanded the exclusive Sleep Number® SleepIQ™ technology across all Sleep Number® beds. A Queen Sleep Number® mattress with SleepIQ technology starts at $999.98, and is only available at one of the 450 Sleep Number® stores across the country.

SleepIQ Technology is Changing the Way the World Sleeps

Now Available Nationwide on All Sleep Number Beds

MINNEAPOLIS, MN, June 4, 2014 – SLEEP NUMBER, a sleep innovation leader whose mission is to improve lives by individualizing sleep experiences, today announced that its proprietary SleepIQ™ technology is now available on all Sleep Number® beds. The company first introduced its SleepIQ technology at the International Consumer Electronics Show on the company’s award-winning x12 bed. SleepIQ technology is now available at all Sleep Number® stores nationwide, and is the world’s first sleep innovation that provides consumers with knowledge and the ability to improve their sleep quality using simple and intuitive sleep tracking.

Sleep Number Unveils X12 Bed With SleepIQ Technology


The Only Bed That Tells You How You Slept Last Night, How To Sleep Even Better Tonight

LAS VEGAS – Jan. 7, 2014 – SLEEP NUMBER today introduced a breakthrough advancement in sleep technology at the International Consumer Electronics Show (CES) with the Sleep Number® x12 bed – the most technologically advanced bed in the world.