Duke Energy Selects Ambient Corporation's Technology for Next Phase of Smart Grid Deployment
2009年9月9日 - 9:00PM
PRニュース・ワイアー (英語)
Duke Awards Smart Grid Contract to Ambient BOSTON, Sept. 9
/PRNewswire-FirstCall/ -- Ambient Corporation (OTC Bulletin Board:
ABTG) today announced a long-term agreement with Duke Energy to
provide communication technologies for the utility's next phase of
its smart grid deployment. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090311/AMBIENTLOGO ) "Duke is
pleased to expand our relationship with Ambient through the
execution of this agreement. Ambient's two-way communication node
advances our vision of building a smart grid intelligent network
that supports the integration of numerous devices on the grid,"
said Todd Arnold, Duke Energy's SVP of Smart Grid and Customer
Systems. The contract calls for Ambient to provide its X-series
communications node as the central communications technology to
transmit data from residential and commercial smart meters, and
other applications back to the utility's network operations center.
This communications node allows for the efficient collection,
analysis and management of energy demand through collected usage
data to promote more reliable, affordable and environmentally
friendly operations. "This contract continues a strong
collaboration with Duke Energy from early smart grid development
projects begun in 2005," said John J. Joyce, President and CEO of
Ambient Corporation. "We are pleased to work with Duke Energy to
provide a key component of its communications platform, helping to
achieve its vision for a smart grid network." Duke Energy, one of
the largest electric power companies in the United States, has
committed to building smart grid deployments over the next five
years throughout its service regions, and recently received
regulatory approval for an approximate 700,000 electric smart meter
deployment in Ohio. The company also has plans for smart grid
initiatives in Indiana, the Carolinas and Kentucky. (See Duke
Energy's http://smartenergynewsroom.com/). About Ambient
Corporation Ambient designs, develops and markets Ambient Smart
Grid communications technologies and equipment. Using 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 (OTC:ABTG)
(BULLETIN BOARD: ABTG) . More information on Ambient is available
at http://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 our market specifically, market acceptance
of new products, changes in economic conditions generally and the
smart grid market specifically, changes in technology, legislative
or regulatory changes that affect us, the availability and
sufficiency of working capital, introduction of competing products
and the risks and uncertainties discussed under the heading "RISK
FACTORS" in Item 1 of our Annual Report on Form 10-K for the fiscal
year ended December 31, 2008, 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, and AmbientNMS are registered
trademarks of Ambient Corporation with the U.S. Patent and
Trademark Office.
http://www.newscom.com/cgi-bin/prnh/20090311/AMBIENTLOGO
http://photoarchive.ap.org/ DATASOURCE: Ambient Corporation
CONTACT: Media, Anna E. Croop, Director, Corporate Communications
of Ambient Corporation, +1-617-614-6739, Web Site:
http://www.ambientcorp.com/
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