BOSTON, MA — Ambient Corporation (OTCBB: ABTG) announced today that its newest communications node, the X-3000, has been certified to run on the Verizon Wireless network through the wireless leader’s open development program. Verizon Wireless’ open development program is designed to offer businesses and consumers the ability to use devices, software and applications not offered by the company on its nationwide wireless network.
Ambient has incorporated the ability to access Verizon Wireless’ EV-DO 3G network into its newly launched, commercially available, X-3000 communications node. Verizon Wireless, America’s most reliable wireless network, provides Ambient ubiquitous and secure data communications for the node, an integral part of the Ambient Smart Grid™ solution. Ambient has sold and is currently delivering their latest product to a large North American utility.
Ram Rao, CTO of Ambient, commented, “Ambient recognizes the diverse needs of our utility partners as they explore various technologies and applications that require an increasingly flexible and robust communications network. To leverage Verizon Wireless’ network into the available backhaul options for our communications platform, we increase the robustness and flexibility of our smart grid communications solution, allowing Ambient to build out networks tailored to meet each utility’s individual needs.”
A robust communications network is the keystone to a modernized electric distribution grid, which allows for efficient collection, analysis and management of energy data, thereby promoting more reliable, affordable and environmentally friendly operations. Ambient believes that it should be a major national goal in 2009 to advance federal legislation to decarbonize our economy and to create the most energy efficient economy possible. Ambient continues to design innovative communication and energy sensing products to help electric utility companies towards this important goal.
Utilizing the pervasiveness and reliability of Verizon Wireless’ 3G network, Ambient enables any IP-based application including, but not limited to:
- Advanced metering infrastructure (AMI)
- Energy management
- Real-time pricing
- Demand side management (DSM)
- Direct load control
- System monitoring
“Verizon Wireless supports Ambient’s commitment to deliver advanced energy solutions for the utility market over a secure communications network. The broad reach of Verizon Wireless’ network is a cost-effective way for Ambient to extend their utility solutions into topologies that are harder to reach by other common technologies,” stated Anthony A. Lewis, vice president of the open development program at Verizon Wireless.
Ambient’s communication nodes are tightly integrated devices that allow utilities to build private and secure communications networks, based on open standards, that can both integrate legacy utility systems and support the future requirements of the evolving smart grid. The nationwide coverage and strength of Verizon Wireless’ high-speed data network provides Ambient’s customers an additional real-time, two-way communications backhaul option for the X-3000 node. Such an option is required by the growing applications and needs within the utility market.
About Ambient Corporation Ambient designs, develops and markets Ambient Smart Grid™ communications technologies and equipment. Utilizing proprietary, open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for creating smart grid communication platforms and technologies. Headquartered in Newton, MA, Ambient is a publicly traded company (OTCBB: ABTG). More information on Ambient is available at www.ambientcorp.com.
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and the smart grid market specifically, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, market acceptance of our products, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
Ambient, Ambient Smart Grid, It’s Time to Teach an Old Grid New Tricks and AmbientNMS are registered trademarks of Ambient Corporation with the U.S. Patent and Trademark Office.