ALYA International, Inc. -- News Release -- LonWorks Gains Momentum.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Jan. 25, 1999--News from Echelon Corporation Echelon Corporation (NASDAQ: ELON) designs control networks to connect machines and other electronic devices, for the purposes of sensing, monitoring and control. , (Nasdaq:ELON) (January 20, 1999) the developer of LonWorks(R) networks has outlined a transition for Motorola from the manufacturer of the Neuron Chip to a provider of system solutions by embedding the LonWorks protocol into other processors. As well, Echelon has joined with Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) in the Cisco NetWorks Program to create a new family of Internet Protocol (IP) to LonWorks connectivity products. These two announcements directly affect ALYA (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ALYA) in that as a provider of an application for LonWorks networks (ALYA's Advanced Security Management System) ALYA benefits from the increased exposure of LonWorks and the growing standardization of LonWorks into building automation. The Cisco and Echelon agreement is the next step in the companies' development of standards and technologies for enterprise-wide integration of control and data networks in commercial buildings, factories, utilities, homes and other areas. By connecting control and data networks, businesses will be able to lower costs and increase efficiency. The Cisco NetWorks Program was created to accelerate the global availability of a new generation of low-cost, easy-to-use Internet devices that can transparently plug into any IP network. Echelon's internationally recognized LonWorks system provides a standard for integrating intelligent devices into network solutions. The products to be developed by Echelon and Cisco will extend the power of the Internet from computers to the devices, allowing people to access, monitor and control almost any device anytime, from anywhere. "Embedding of LonWorks technology into more powerful microprocessors will allow us to put more power into ALYA's technology," said Jaro Bucko buck·o n. pl. buck·oes or buck·os 1. A blustering or bossy person. 2. Irish A young man; a lad. [Alteration of buck1.] , ALYA's vice president of technology. "This will enable more applications to integrate seamlessly with our products. The alliance of Cisco and Echelon should enhance ALYA's ability to provide advanced Internet based monitoring and control solutions to our customers." Bucko said. ALYA International, a leader in the development of software and hardware for intelligent building control and security systems, is listed on the OTC bulletin board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol ALYA. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion