Ambient and San Diego Gas & Electric Extend Agreement.Ambient's X and Network Management System to be Deployed BOSTON -- Ambient Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ABTG), a leader in Broadband over Power Lines Using the electric utility to provide Internet access. Also called "power line communications" (PLC), high-frequencies carrying data are superimposed over the low-frequency waves on the electrical transmission lines. (BPL) solutions, today announced that it has extended its previously announced agreement with San Diego Gas & Electric (SDG&E), a unit of Sempra Energy (NYSE NYSE See: New York Stock Exchange : SRE). Ambient was the first vendor selected by SDG&E for a BPL trial that began in July 2005, and according to the extended agreement, SDG&E will be deploying Ambient's FCC-certified BPL Nodes and the latest version of the Ambient developed Network Management System (NMS See NetWare Management System. ). John J. Joyce, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ambient commented, "Based upon the evaluation and testing to date by SDG&E, the extension and enhancement was a logical next step in our relationship. We look forward to continuing our relationship and installing our next-generation product with this leading utility, especially as they evaluate the technology and potential future business models." About Ambient Corporation Ambient Corporation, a development stage company and founding member of the Universal Powerline Association The Universal Powerline Association (UPA) is a trade association which covers all power line communication markets and all power line communication applications. The UPA aims to promote the growth of power line communication technology by delivering certified products that comply (UPA), is a pioneer in the Broadband over Power Lines (BPL) industry. Engaged in the design, development and marketing of patented BPL equipment and technologies, Ambient's proprietary technology and in-depth industry experience is designed to provide optimal solutions for the Utility and Multi-Dwelling Unit (MDU) markets. Headquartered in Newton, MA, Ambient is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (OTC BB: ABTG). Visit Ambient at www.ambientcorp.com. This press release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Ambient Corporation with the Securities and Exchange Commission, including, without limitation, the Company's most recent reports on Form 10-KSB and 10-QSB and are referred to such reports for important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Ambient assumes no obligation to update any forward-looking statements. Ambient is a trademark of Ambient Corporation registered in the U.S. Patent and Trademark Office. |
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