This is product is discontinued and does not have a replacement yet. New product in development. What does that mean?

Here are the technical details for the RGBW Dimmer: 

• Z-Wave Signal Frequency: 908.42 MHz
• Power: 12 / 24 V DC (Do NOT connect to 120 V AC high-voltage power!)
• Maximum Load: 10 A total between all channels (6 A per channel max); 120 W total when powered by 12 V DC / 240 W total when powered by 24 V DC 
• Range: Up to 100 feet line of sight
• Installation and Use: Indoor Only
• Operating Temperature: 32 - 104° F (0 - 40° C)
• Dimensions: 1.67” x 1.5” x 0.69”
• Weight: 2 oz. 

Questions? Just ask!