Ambient Corporation Launches Dual Modem G3-PLC Data Concentrator
Innovative communications solution uses robust powerline standard on both low
and medium voltage lines for metering and more.
NEWTON, Mass. and AMSTERDAM, Oct. 15, 2013
NEWTON, Mass. and AMSTERDAM, Oct. 15, 2013 /PRNewswire/ -- Ambient Corporation
(NASDAQ:AMBT), provider of a secure, flexible, and scalable smart grid
communications and applications platform, today announced that its Ambient
Smart Grid Nodes^® now have an optional module that features either a single
or dual G3-PLC modem for metering and other smart grid applications.
Ambient has adopted the advanced OFDM-based Powerline Communications (PLC)
technology to facilitate secure, high-speed, highly-reliable, long-range
communication over the existing powerline grid, both low and medium voltage.
Two-way communications networks based on G3-PLC will provide electricity
network operators with intelligent monitoring and control capabilities. G3-PLC
supports true IPv6 addressing.
"We have adopted a PLC technology because it minimizes infrastructure and
maintenance costs. It is vitally important to us that it is standards-based to
ensure interoperability, and that it can support metering, new distribution
switches, sensors, and home area network applications. Equally, there are the
security mechanisms in place to protect grid assets, and the robust mode of
G3-PLC improves communication under noisy channel conditions and can co-exist
with older technologies," said Donald Pollock, Global Vice President of Sales
and Marketing at Ambient Corporation.
Ambient Corporation helps utilities modernize the grid with IP-based
networking products and applications that integrate and connect existing and
future grid assets on a secure, flexible, and scalable smart grid
communications platform. Ambient's Smart Grid Node family enables real-time
data communication for multiple applications, in parallel: smart metering,
distributed generation and storage, demand response, and distribution
Please contact Ambient for additional information regarding the communications
protocols supported by the Ambient Smart Grid communications and applications
platform, or visit us at European Utility Week, Booth D54a, October 15-17,
Amsterdam, The Netherlands.
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 and Ambient Smart Grid are registered trademarks of Ambient
Ambient Smart Grid Node, Ambient MiniNode and Ambient MicroNode are trademarks
of Ambient Corporation.
SOURCE Ambient Corporation
Contact: Joanna Hamblin, email@example.com, (617) 614-6793
Press spacebar to pause and continue. Press esc to stop.