December 17th, 2025 - devicethread, announces a strategic partnership with Ascentium Capital to make modern hotel technology easier and faster to adopt through flexible financing solutions.

The partnership removes one of the biggest barriers hotels face today—upfront costs—by offering fast approvals, 0% interest plans, and the ability to bundle hardware, software, and deployment into one predictable monthly payment. This enables properties to modernize operations without putting pressure on cash flow.

"Hotels shouldn't have to delay innovation because of capital constraints," said Sandeep Bhat, CEO of devicethread. "With Ascentium, we're making it easier for hospitality leaders to move forward with smart access, entertainment, and energy automation, on terms that support their growth."

Through this collaboration, properties can accelerate their digital transformation, preserve working capital, and realize the benefits of smart infrastructure sooner.

"At Ascentium, our goal is to remove financial friction from technology adoption," said Patrick Small, VP, Relationship Manager - Hospitality, Ascentium Capital. "Partnering with devicethread allows us to support hoteliers with financing solutions that make innovation accessible, practical, and aligned with their business realities."

Together, devicethread and Ascentium are helping hotels modernize with confidence—delivering smarter operations, better guest experiences, and a clearer path to growth.

About Ascentium Capital

Ascentium Capital is a leading commercial lender providing fast, flexible financing solutions for businesses across industries. With a strong focus on hospitality, Ascentium helps operators invest in technology and equipment through simple, tailored funding programs that remove barriers to innovation and accelerate growth.

About devicethread ^®

devicethread is a Smart Hospitality platform transforming how hotels manage access, entertainment, and energy experiences. Built for interoperability and powered by AI, devicethread connects smart devices, guest experiences, and operational intelligence under one unified cloud — enabling hotels to deliver seamless, personalized stays at scale.

Learn more at www.devicethread.com