Ambient Corporation Retains Financial Advisor to Assist in Evaluating Strategic Alternatives

    Ambient Corporation Retains Financial Advisor to Assist in Evaluating
                            Strategic Alternatives

PR Newswire

NEWTON, Mass., Sept. 25, 2013

NEWTON, Mass., Sept.25, 2013 /PRNewswire/ --Ambient Corporation (NASDAQ:
AMBT), provider of a secure, flexible, and scalable smart grid communications
and applications platform, announced today that it has engaged a financial
advisor to assist the company with identifying and evaluating strategic
alternatives to maximize value for the company's stakeholders, including, but
not limited to, a sale of the Company.

(Logo: http://photos.prnewswire.com/prnh/20090311/AMBIENTLOGO )

John J. Joyce, President and CEO of Ambient Corporation, said, "Our
differentiated hardware and software solutions are valuable assets that have
significant long-term potential. Our Board of Directors is undertaking this
review to identify the best way to maximize the value of our assets for our
stakeholders given our current financial position and market dynamics in the
smart grid sector, and has authorized the engagement of a specialist
investment banking firm with significant expertise in the smart grid market."


The Company cautions, however, that there can be no assurance that its review
of strategic alternatives will result in any transaction, or of the terms or
timing of any such transaction.

About Ambient Corporation
Ambient designs, develops and sells the Ambient Smart Grid^® communications
and applications platform. The Ambient Smart Grid products and services
include communications nodes; a network management system, AmbientNMS^®;
integrated applications; and maintenance and consulting services. Using open
standards-based technologies along with in-depth industry experience, Ambient
provides utilities with solutions for smart grid initiatives. Headquartered in
Newton, MA, Ambient is a publicly traded company (NASDAQ: AMBT). More
information on Ambient is available at www.ambientcorp.com.

Except for historical information, this press release contains statements that
may be deemed to be "forward-looking statements" made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
These include statements relating to the diversification of our customer base,
further development and marketing of our communications platform and
cultivating projects with potential customers, among others. These
forward-looking statements are based upon our current expectations, estimates
and projections about our business and our industry and 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, which could have a material adverse effect on our operations and
future prospects including, but not limited to, continuing compatibility of
our platform with new utility applications and requirements, our ability to
retain and attract customers, particularly in light of our dependence on a
single customer for substantially all of our revenue; our expectations
regarding our expenses and revenue, including our expectations that our
research and development expenses and selling, general and administrative
expenses may increase in absolute dollars; anticipated trends and challenges
in our business and the markets in which we operate, including the market for
smart grid technologies; our expectations regarding competition as more and
larger companies enter our markets and as existing competitors improve or
expand their product offerings; our plans for future products and enhancements
of existing products; our anticipated cash needs and our estimates regarding
our capital requirements; and our anticipated growth strategies. We undertake
no obligation to publicly update or revise any forward-looking statements.
Further information on the company's risks and uncertainties is available in
our filings with the Securities and Exchange Commission.

Ambient, Ambient Smart Grid and AmbientNMS are registered trademarks of
Ambient Corporation.
Ambient Smart Grid Node, Ambient MiniNode and Ambient MicroNode are trademarks
of Ambient Corporation.

SOURCE Ambient Corporation

Website: http://www.ambientcorp.com
Contact: Media - Joanna Hamblin, jhamblin@ambientcorp.com, (617) 614-6793